Macro Economic News - Serrari Group

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Nigeria: Tapping into the Under-Explored Lithium Market September 10, 2024

Qatar Central Bank’s August 2024 Foreign Currency Reserves Up by 4% September 10, 2024

EU Reassures Kenya on ‘Win-Win’ EPA Trade Deal After Rollout September 10, 2024

Macadamia Nut Farming Boosts Kenya’s Position as Top Exporter, AGRA Report September 9, 2024

Japan’s Q2 GDP Growth Revised Down; Softer Consumption Poses Challenge for BOJ Policy September 9, 2024

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Macro Economic News

Nigeria: Tapping into the Under-Explored Lithium Market

Qatar Central Bank’s August 2024 Foreign Currency Reserves Up by 4%

EU Reassures Kenya on ‘Win-Win’ EPA Trade Deal After Rollout

Macadamia Nut Farming Boosts Kenya’s Position as Top Exporter, AGRA Report

Macadamia Nut Farming Boosts Kenya’s Position as Top Exporter, AGRA Report

Japan's Q2 GDP Growth Revised Down; Softer Consumption Poses Challenge for BOJ Policy

Japan’s Q2 GDP Growth Revised Down; Softer Consumption Poses Challenge for BOJ Policy

Nigeria: Petrol Price Stabilization Amid Deregulation and Supply Challenges

Nigeria: Petrol Price Stabilization Amid Deregulation and Supply Challenges

China’s Hunan Province Strengthens Ties with Kenya

FOCAC: China’s Hunan Province Strengthens Ties with Kenya

Britain Needs Extra $1.3 Trillion Investment for Economic Growth, Report Says

Britain Needs Extra $1.3 Trillion Investment for Economic Growth, Report Says

Ghana Launches Restructuring Offer for $13 Billion of Its Bonds

Ghana Launches Restructuring Offer for $13 Billion of Its Bonds

Xi Jinping Proposes to Deepen China-Kenya Strategic Partnership in Three Key Areas

Xi Jinping Proposes to Deepen China-Kenya Strategic Partnership in Three Key Areas: A New Era of Bilateral Relations

Travel Industry to Contribute Record $11 Trillion to Global GDP in 2024: A Sign of Resilience and Growth

Travel Industry to Contribute Record $11 Trillion to Global GDP in 2024: A Sign of Resilience and Growth

China Offers Africa Billions in Fresh Financing, Promises 1 Million Jobs: A Strategic Boost to Sino-African Relations

Adani’s Nairobi Airport Deal Sparks Protests and Political Backlash

World Bank Urges India to Boost Labor-Intensive Exports to Drive Job Creation and Inclusive Growth

Tinubu’s ‘Naira for Crude’ Initiative to Slash 40% of Dollar Demands in Nigeria

Sino-African Economic and Trade Cooperation Reaches New Heights

UK: OEUK Releases Data Highlighting the Impact of Government’s Oil and Gas Tax Changes on Sector’s Contribution to UK Economic Growth

Kenya Avocado Exports to China Fall by 80%: An In-Depth Analysis

President Ruto Seeks New Multi-Million Dollar Infrastructure and Trade Deals in China Visit

President Ruto Seeks New Multi-Million Dollar Infrastructure and Trade Deals in China Visit

Turkey’s Economic Growth Slows to Weakest Level Since Covid Crisis

Algeria Approved to Join BRICS New Development Bank

Algeria Approved to Join BRICS New Development Bank

Kenya’s Treasury CS John Mbadi Pledges Economic Revival: “Give Us Just a Year or Two”

China’s Interest Rate Reform: An Arduous and Long Process

China’s Trade with Africa Reaches 1.19 Trillion Yuan Amid Strengthening Economic Ties

Bayobab Kenya Completes Multi-Million Fibre Network Linking Mombasa to Uganda

Bayobab Kenya Completes Multi-Million Fibre Network Linking Mombasa to Uganda

China Faces Rising Protests Amid Economic Slowdown and Real Estate Crisis

Nigeria and Belgium Strengthen Agricultural Ties to Boost Trade and Finance

Nigeria and Belgium Strengthen Agricultural Ties to Boost Trade and Finance

IMF Halts Funding to Kenya Following Withdrawal of Finance Bill 2024: US Ambassador Reveals Economic Implications

Oil Prices Fall 2% on Economic Worries, Technical Decline

Nigeria’s GDP Rises by 3.19% in Q2 2024: NBS Report

NSSF’s Haba Haba Secures Future for Kenyans in Diaspora

Powell’s Fed Not Shy About Election-Year Cuts, Ready to Defend Job Market

Nigeria Unveils New Agricultural Project to Boost Food Security

Tax Policy Shift Leads to Credit Downgrade for Kenya

Tax Policy Shift Leads to Credit Downgrade for Kenya

UK Energy Bills Set to Rise Amid Extreme Weather and Geopolitical Tensions

UK Energy Bills Set to Rise Amid Extreme Weather and Geopolitical Tensions

Uganda Diversifies Oil Import Routes to Meet Growing Demand

Uganda Diversifies Oil Import Routes to Meet Growing Demand

Kenya to Begin Construction of Nuclear Power Plant in 2027

Kenya to Begin Construction of Nuclear Power Plant in 2027: A Step Towards Energy Sustainability

Japan's Core Inflation Accelerates, but Demand-Driven Growth Lags Below 2%

Japan’s Core Inflation Accelerates, but Demand-Driven Growth Lags Below 2%

Nigeria: NNPCL Urged to Redirect Crude Oil to Local Refineries Amid Supply Shortage

Nigeria: NNPCL Urged to Redirect Crude Oil to Local Refineries Amid Supply Shortage

Printing of New Currency Notes to Cost Kenya Sh14.2 Billion

Printing of New Currency Notes to Cost Kenya Sh14.2 Billion

Cost of Public Services Drives Up UK’s Government Borrowing

Cost of Public Services Drives Up UK’s Government Borrowing

Rwanda's Central Bank Lowers Key Interest Rate for Second Consecutive Meeting Amid Favorable Inflation Outlook

Rwanda’s Central Bank Lowers Key Interest Rate for Second Consecutive Meeting Amid Favorable Inflation Outlook

Kenya Launches Nationwide Campaign to Maximize Benefits of EU Economic Partnership Agreement

Kenya Launches Nationwide Campaign to Maximize Benefits of EU Economic Partnership Agreement

China Keeps Key Lending Benchmarks Unchanged Amid Economic Uncertainty

China Keeps Key Lending Benchmarks Unchanged Amid Economic Uncertainty

Ghana Embarks on Ambitious $12 Billion Petroleum Hub Project Amid Controversy and High Expectations

Kenya’s Controversial Tax Proposals Resurface Amid Economic Struggles

Harris to Unveil Comprehensive Plan for US Economy in Major Policy Rollout

Nigeria’s Oil and Gas Free Zones Authority Collaborates to Attract Foreign Direct Investment

Borrowing Between Banks Hits Record Sh577 Billion on Low Liquidity

Borrowing Between Banks Hits Record Sh577 Billion on Low Liquidity: A Deep Dive into the Kenyan Banking Landscape

Goldman Sachs Lowers U.S. Recession Odds to 20% Amid Positive Economic Indicators

Goldman Sachs Lowers U.S. Recession Odds to 20% Amid Positive Economic Indicators

Tax Application Stays Are Distorting Intra-EAC Trade, EAC Secretariat Nduva Cautions

Tax Application Stays Are Distorting Intra-EAC Trade, EAC Secretariat Nduva Cautions

Kenya Scrambles to Secure Crucial US Trade Pact as Election Looms

Kenya Scrambles to Secure Crucial US Trade Pact as Election Looms

Philippine Central Bank Cuts Rates and Signals Further Easing Amid Economic Adjustments

Nigeria’s Inflation Rate Drops to 33.3% in July 2024: Key Economic Implications and Future Outlook

Nigeria’s Inflation Rate Drops to 33.3% in July 2024: Key Economic Implications and Future Outlook

COTU Cautions John Mbadi Against Rigid Adoption of IMF Conditions

UK Inflation Rises

UK Inflation Rises Less Than Expected in July as Services Pressure Eases

Tinubu’s 3MTT Programme Targets Three Million New Jobs in Nigeria

Tinubu’s 3MTT Programme Targets Three Million New Jobs in Nigeria: A Comprehensive Overview

Half of Kenyans Concerned About Cost of Living - Survey

Half of Kenyans Concerned About Cost of Living – Survey

Japan's Parliament Summons Central Bank Governor Ueda to Discuss Rate Hike Amid Market Turbulence

Japan’s Parliament Summons Central Bank Governor Ueda to Discuss Rate Hike Amid Market Turbulence

Nigeria’s Agro Cooperatives and World Bank Launch $500 Million Food Security Programme

Nigeria’s Agro Cooperatives and World Bank Launch $500 Million Food Security Programme

Infrastructure Boost to Drive Economic Growth in Northern Kenya

Infrastructure Boost to Drive Economic Growth in Northern Kenya

Global Markets React to the Japanese Yen Carry Trade Unwind: Insights and Implications

Global Markets React to the Japanese Yen Carry Trade Unwind: Insights and Implications

Reintroduction of Retail Dutch Auction System (rDAS) in Nigeria Attracts $1.2 Billion in Bids

Reintroduction of Retail Dutch Auction System (rDAS) in Nigeria Attracts $1.2 Billion in Bids

State Proposes Sh7,000 Monthly Allowance for Village Elders

State Proposes Sh7,000 Monthly Allowance for Village Elders to Strengthen Grassroots Governance

India's Central Bank Holds Interest Rates Steady Amid Global Market Volatility

India’s Central Bank Holds Interest Rates Steady Amid Global Market Volatility: A Focus on Domestic Stability

Lagos, Nigeria to Boost Tax Compliance with New Revenue Portal

Lagos, Nigeria to Boost Tax Compliance with New Revenue Portal

Four Banks to Channel Sh892 Million EADB Cash to Kenyan SMEs: A Lifeline for Economic Growth

Four Banks to Channel Sh892 Million EADB Cash to Kenyan SMEs: A Lifeline for Economic Growth

India’s Central Bank Holds Rates Again Amid Global Market Volatility: A Closer Look at the Monetary Policy Decisions and Economic Implications

Central Bank of Nigeria Injects $876 Million into Forex Market to Enhance Liquidity: A Strategic Move to Stabilize the Naira and Support Economic Growth

Central Bank of Nigeria Injects $876 Million into Forex Market to Enhance Liquidity: A Strategic Move to Stabilize the Naira and Support Economic Growth

Kenya’s Economic Growth Pegged at 5.5% Amid Global Uncertainty – CBK

Bangladesh Economy Under Pressure Amid ‘Uncharted’ Political Turmoil

Bangladesh Economy Under Pressure Amid ‘Uncharted’ Political Turmoil

Ethiopian Central Bank Sells Dollars at Special Auction to Narrow Exchange Rate Gap

Ethiopian Central Bank Sells Dollars at Special Auction to Narrow Exchange Rate Gap

Kenyan Central Bank’s Surprising Move: First Rate Cut in Over Four Years

Kenyan Central Bank’s Surprising Move: First Rate Cut in Over Four Years

Nigerian Lawmakers Rally Behind Tinubu’s Oil and Gas Reforms

Nigerian Lawmakers Rally Behind Tinubu’s Oil and Gas Reforms

Kenya’s President Ruto Signs Supplementary Appropriations Act Amid Austerity Measures

Kenya’s President Ruto Signs Supplementary Appropriations Act Amid Austerity Measures

Fed Faces Pressure to Cut Rates Amid Ongoing Market Turmoil

Fed Faces Pressure to Cut Rates Amid Ongoing Market Turmoil

Nigerian Fuel Scarcity: Marketers Demand Action from President Tinubu

Nigerian Fuel Scarcity: Marketers Demand Action from President Tinubu

EAC Member States Move to Review Fees in Fresh Push for Intra-Bloc Trade

EAC Member States Move to Review Fees in Fresh Push for Intra-Bloc Trade

BoE Rate Cut Adds to Sense of Turnaround in Sluggish UK Economy

BoE Rate Cut Adds to Sense of Turnaround in Sluggish UK Economy

World Bank Approves $1.5 Billion in Financing for Ethiopia: A Critical Step in Economic Recovery

World Bank Approves $1.5 Billion in Financing for Ethiopia: A Critical Step in Economic Recovery

Kenya’s Court of Appeal Rules 2023 Finance Law Unconstitutional: A Turning Point in the Nation’s Fiscal Policy

Kenya’s Court of Appeal Rules 2023 Finance Law Unconstitutional: A Turning Point in the Nation’s Fiscal Policy

Bank of England Lowers Interest Rate to 5% in First Cut Since 2020: A Comprehensive Look

Bank of England Lowers Interest Rate to 5% in First Cut Since 2020: A Comprehensive Look

Ethiopian Authorities Take Action Against Price Hikes Amid Currency Float

ASEZ Formation Sets Stage for Economic Growth in Kenya

ASEZ Formation Sets Stage for Economic Growth in Kenya

Japan’s BOJ Takes Bold Step: Interest Rate Hike and End to Bond Buying Binge

Japan’s BOJ Takes Bold Step: Interest Rate Hike and End to Bond Buying Binge

Global Push to Tax the Super-Rich Intensifies: South Africa and the African Union Lead the Charge

Nairobi’s Property Market: Navigating Economic Pressures with Steady Growth

Commodity Flows at Risk Should Trump Spark Tit-for-Tat Trade War

Digital Economy Under Threat – Tech Entrepreneurs Beg Nigerians to Cancel Protest

Digital Economy Under Threat – Tech Entrepreneurs Beg Nigerians to Cancel Protest

Kenyans Cut Non-Essential Purchases to Cope with Economic Strain – Survey

Kenyans Cut Non-Essential Purchases to Cope with Economic Strain – Survey

US Discount Window Reform Bill Introduced as Federal Reserve Works on Overhaul

US Discount Window Reform Bill Introduced as Federal Reserve Works on Overhaul

Oil Revenue Surges by 30% in First Half of 2024: Nigerian Government Reports

Oil Revenue Surges by 30% in First Half of 2024: Nigerian Government Reports

Kenya aims to generate Sh120 billion from its blue economy in three years

U.S. Treasury Secretary Yellen Calls for Massive Climate Investment

U.S. Treasury Secretary Yellen Calls for Massive Climate Investment

Ethiopia scraps strict foreign exchange controls, allowing the birr to float freely to combat debt crisis and inflation, central bank announces

Ethiopia scraps strict foreign exchange controls, allowing the birr to float freely to combat debt crisis and inflation, central bank announces

Kenya could create 240,000 green jobs by 2030, FSD report Shows.

Kenya could create 240,000 green jobs by 2030, FSD report Shows.

Sports Goods Industry Global Trade Hits $64 Billion, WTO Report Shows

Sports Goods Industry Global Trade Hits $64 Billion, WTO Report Shows

African Development Bank Recommits to Guinea’s Economic Transformation

Kenya's Rural Electrification Scheme faces existential threat with Sh55.9 billion loss

Kenya’s Rural Electrification Scheme faces existential threat with Sh55.9 billion loss

Turkey Repays $5 Billion Deposit to Saudi Arabia

Turkey Repays $5 Billion Deposit to Saudi Arabia

Anticipation builds in Harare for the 3rd Canada-Africa Business Conference

Anticipation builds in Harare for the 3rd Canada-Africa Business Conference

The Economic Inclusion Programme: A Beacon of Hope for Murang'a County

The Economic Inclusion Programme: A Beacon of Hope for Murang’a County

G20 Sees Growing Chance of Soft Landing for the Global Economy

G20 Sees Growing Chance of Soft Landing for the Global Economy

Nigeria Central Bank Doubles Down on Inflation with Fourth Straight Rate Hike

Nigeria Central Bank Doubles Down on Inflation with Fourth Straight Rate Hike

Kenya's Economic Crossroads: Seeking IMF Support Amidst Turmoil

Kenya’s Economic Crossroads: Seeking IMF Support Amidst Turmoil

China's Rate Cuts: A Calculated Gamble to Boost Growth Amidst a Weakening Yuan

China’s Rate Cuts: A Calculated Gamble to Boost Growth Amidst a Weakening Yuan

Egypt Slashes Foreign Debt by $14 Billion in Record Time

Egypt Slashes Foreign Debt by $14 Billion in Record Time

Kenya's $500 Million Oil Import Deal: A Balancing Act Between Opportunity and Risk

Kenya’s $500 Million Oil Import Deal: A Balancing Act Between Opportunity and Risk

The Economic Impact of a Global Tech Outage: A Catastrophic Disruption (Expanded)

The Economic Impact of a Global Tech Outage: A Catastrophic Disruption (Expanded)

South Africa's New Coalition Government: A Bold Leap Toward Growth and Jobs

South Africa’s New Coalition Government: A Bold Leap Toward Growth and Jobs

Public Servants Hit Hard as SRC Expands Pay Rise Freeze: A Deeper Look at Kenya's Fiscal Challenges

Public Servants Hit Hard as SRC Expands Pay Rise Freeze: A Deeper Look at Kenya’s Fiscal Challenges

IMF Calls for U.S. to Raise Taxes and Delay Rate Cuts

IMF Calls for U.S. to Raise Taxes and Delay Rate Cuts

Zimbabwe’s New Currency Faces a Crucial Test: Will ZiG Succeed Where Others Failed?

Zimbabwe’s New Currency Faces a Crucial Test: Will ZiG Succeed Where Others Failed?

EPRA Increases Road Maintenance Levy by Sh7/Litre Despite Drop in Fuel Prices

EPRA Increases Road Maintenance Levy by Sh7/Litre Despite Drop in Fuel Prices

Powell: Fed Ready to Act on Inflation Before Hitting 2% Target

Powell: Fed Ready to Act on Inflation Before Hitting 2% Target

Nigeria Grapples with Record Inflation as Food Prices Soar

Nigeria Grapples with Record Inflation as Food Prices Soar

DRC Becomes Kenya’s Fastest-Growing EAC Export Market

DRC Becomes Kenya’s Fastest-Growing EAC Export Market

IMF Reports Recovery in Emerging Market Capital Inflows to 2018 Levels

IMF Reports Recovery in Emerging Market Capital Inflows to 2018 Levels

Central Bank of Nigeria's Reforms Show Promising Results

Central Bank of Nigeria’s Reforms Show Promising Results

Kenyan President Ruto Dismisses Cabinet Amid Economic Turmoil and Protests

Kenyan President Ruto Dismisses Cabinet Amid Economic Turmoil and Protests

UK Sets Ambitious Goal to Lead G7 in Per-Capita Economic Growth

UK Sets Ambitious Goal to Lead G7 in Per-Capita Economic Growth

Nigeria and Belarus Join Forces in Agriculture, Education, and Economic Development

Nigeria and Belarus Join Forces in Agriculture, Education, and Economic Development

Government to Fully Implement SHIF for UHC, Benefiting All Kenyans Starting October 2024

Japan’s Nikkei Hits Record Highs, Leading Asia-Pacific Market Surge

Japan’s Nikkei Hits Record Highs, Leading Asia-Pacific Market Surge

Egypt Projects Drop in Petroleum Exports to $7.95 Billion for 2024/25

Egypt Projects Drop in Petroleum Exports to $7.95 Billion for 2024/25

Kenya Grapples with Economic Challenges as President Warns of Consequences Over Debt Management Setback

Kenya Grapples with Economic Challenges as President Warns of Consequences Over Debt Management Setback

China's June Consumer Inflation Falls Short Amid Weak Demand

China’s June Consumer Inflation Falls Short Amid Weak Demand

Qatar Chamber Hosts Burundian Trade Delegation to Boost Economic Ties

Nairobi Imposes New Hurdle on Uganda's Fuel Imports

Nairobi Imposes New Hurdle on Uganda’s Fuel Imports

US Federal Reserve Optimistic About Achieving 2% Inflation Target

US Federal Reserve Optimistic About Achieving 2% Inflation Target

Damaged Pipeline Piles Misery on South Sudan

Damaged Pipeline Piles Misery on South Sudan

Kenyan Government Secures U.S. Job Placements for Teachers

Goldman Sachs Raises UK Growth Forecast Following Labour's Election Victory

Goldman Sachs Raises UK Growth Forecast Following Labour’s Election Victory

Rwanda Secures $1 Billion Funding Deal with South Korea

Rwanda Secures $1 Billion Funding Deal with South Korea

Kenya President Engages IMF Chief Following Withdrawal of Tax Hikes Amid Protests

Kenya President Engages IMF Chief Following Withdrawal of Tax Hikes Amid Protests

Fed's Powell Calls for More Evidence of Declining Inflation Before Rate Cuts

Fed’s Powell Calls for More Evidence of Declining Inflation Before Rate Cuts

Nigeria Chosen to Host Africa Energy Bank, Marking a New Era for the Continent's Energy Sector

Nigeria Chosen to Host Africa Energy Bank, Marking a New Era for the Continent’s Energy Sector

Kenya's Economic Growth Slows to 5.0% in Q1 2024

Kenya’s Economic Growth Slows to 5.0% in Q1 2024

China Takes the Lead in Generative AI Patents, With Tencent and Baidu at the Helm

China Takes the Lead in Generative AI Patents, With Tencent and Baidu at the Helm

Chinese Firms Target Morocco to Leverage US Electric Vehicle Subsidies

Chinese Firms Target Morocco to Leverage US Electric Vehicle Subsidies

Kenya's Economy Faces Challenges Ahead of IMF Review

Kenya’s Economy Faces Challenges Ahead of IMF Review

Private Credit Boom Fuels Sixth Street's Expansion in Europe

Private Credit Boom Fuels Sixth Street’s Expansion in Europe

Saudi Arabia Seeks Nigerian Red Meat and Soybean Imports Amid Economic Diversification Efforts

Saudi Arabia Seeks Nigerian Red Meat and Soybean Imports Amid Economic Diversification Efforts

Kenyan President William Ruto Plans Increased Borrowing to Address Budget Deficit

Kenyan President William Ruto Plans Increased Borrowing to Address Budget Deficit

Oil Prices Dip Amid Weak U.S. Fuel Demand and Profit Taking

Oil Prices Dip Amid Weak U.S. Fuel Demand and Profit Taking

Nigeria’s Dangote Refinery Increases Gasoil Exports to West African Market

MSMEs and E-commerce Vital for Kenya's Economic Advancement, Experts Conclude

MSMEs and E-commerce Vital for Kenya’s Economic Advancement, Experts Conclude

Key Fed Measure Shows Inflation Rose 2.6% in May, Meeting Expectations

Key Fed Measure Shows Inflation Rose 2.6% in May, Meeting Expectations

South Africa Reports Surge in Foreign Direct Investment Amidst Portfolio Challenges

South Africa Reports Surge in Foreign Direct Investment Amidst Portfolio Challenges

Kenya’s Tax-Bill Withdrawal Challenges IMF Targets and Raises Borrowing Costs

Saudi Non-Oil Exports to China Reach $47 Billion Over Five Years

Saudi Non-Oil Exports to China Reach $47 Billion Over Five Years

IMF Approves $360 Million Disbursement to Ghana After Second Review

IMF Approves $360 Million Disbursement to Ghana After Second Review

Kenya’s Ruto Rejects Tax Bill, Returns it to Parliament Amid Protests

20220323 - SEforALL MoU

OFID Approves $605 Million for Development Projects

Tunisia and AFD Forge €137 Million Partnership for Development Initiatives

Kenya's Finance Minister Njuguna Ndung'u holds a briefcase containing the Government Budget for the 2023/24 fiscal year outside the National Treasury building in Nairobi, Kenya June 15, 2023. REUTERS/Thomas Mukoya

Finance Bill 2024: The Key Amendments Approved Amid Public Concerns

Britain in a Bold Bid to Become the World’s Third Major AI Hub

Egyptian Food Exports to USA Increase by 22% in Q1 2024

USAid’s Safe Milk Initiative Enhances Kenya’s Dairy Sector

India’s Digital Currency Transactions Decline After Initial Surge

Coalition Backs Central Bank of Nigeria’s Recapitalization Plan for Banks

Kenya’s President Ruto Ready for Dialogue with Youth Protesters

China Urges EU to Revoke Planned EV Tariffs, Emphasizes WTO Compliance

Egypt and Uzbekistan Explore New Trade and Investment Opportunities

African Commission Urges Kenya to Address Finance Bill Concerns

Global FDI Declined by 2% to $1.3 Trillion: UNCTAD Report

Ghana Secures Agreement to Restructure $13 Billion Debt

Kenya Urged to Scale Up Investments in Blue Economy for Economic Growth

China’s Real Estate Sector Faces Persistent Challenges

South Africa Raises Tariffs on Clothing Imports to Support Local Retail

Kenyan Parliament Panel Recommends Scrapping New Taxes Amid Protests

U.K. Inflation Hits Bank of England’s 2% Target Ahead of Key Elections

Africa Needs $240 Billion Funding by 2030 to Meet Vital Energy Needs: IEA

Kenyan Budget 2024-25: Impacts on Education, Health, and Agriculture

Malaysia to Join BRICS: A Strategic Economic Shift

Nigeria’s Foreign Exchange Turnover Drops to Three-Week Low Amid Market Volatility

Kenya’s Finance Minister Announces Focus on Debt Reduction and Economic Recovery in 2024/25 Budget

Italian Economy Projected to Grow by 0.8% This Year and Next, Says Central Bank

Zimbabwe Aims to Join BRICS: President Mnangagwa Announces Ambitious Plan

Rwanda and Uganda Outpace Kenya in East Africa’s 2024 Economic Growth Projections

UAE and Qatar Maintain Interest Rates Following US Fed Decision

Africa’s Remittance Market Poised to Reach $500 Billion by 2025

Central Bank of Kenya (CBK) Set to Issue Payment Licenses to Fintech Startups

JP Morgan’s Mid-Year Outlook: Global Economy Remains Resilient Despite Inflation

Ethiopia Forecasts 2.1% Budget Deficit Amid Economic Recovery Efforts

IMF and Kenya Forge Agreement on Economic Reforms

Euro Falls to One-Month Low Amid Macron’s Snap Election Call

Rising Transportation Costs Drive Commodity Price Inflation in Nigeria

Government Commits Sh1.4bn to Enhance Coastal Fishing Infrastructure

FAO Forecasts Record High World Cereal Stocks for 2024/25

Korea-Africa Summit Yields Collaborative Mineral Supply Agreement

Kenyan Government to Utilize World Bank Loan for Eurobond Repayment, Ensuring Exchange Rate Stability

European Central Bank Reduces Rates by 0.25% Amid Inflation Challenges

Senegal Attracts Strong Investor Interest with $750 Million Debt Issuance

Kenya’s Economic Growth Expected to Ease to 5% in 2024, Forecasts World Bank

China Greenlights Autonomous Vehicle Trials to Boost Economic Growth

Egypt’s Finance Ministry to Disburse $104 Million in Export Subsidy Dues to 360 Companies

Kenya-US Strategic Trade Talks in 6th Round: Progress and Priorities

Turkey Plans to Tax Gains from Stocks and Cryptocurrencies

IMF Approves Nearly $600 Million in Aid for Drought-Stricken Zambia

Nigerian Labor Unions Initiate Nationwide Strike Over Minimum Wage Dispute

Russian President Vladimir Putin, accompanied by Deputy Prime Minister Denis Manturov, Deputy Defence Minister Alexei Krivoruchko and other officials, attends the Gunsmith Forum in the city of Izhevsk, Russia September 19, 2023. Sputnik/Mikhail Metzel/Pool via REUTERS

Russia Revises 2024 Budget Deficit to 1.1% of GDP

Kenya’s Mineral Earnings Drop 4.3% to Ksh 33.7 Billion Amid Production Challenges

President Ruto’s Korea Visit: A Gateway to Ksh. 40 Billion Boost for Kenya’s Creative Economy

Capital Flows to Emerging Markets Predicted to Reach $903 Billion in 2024, Says IIF

Egypt Suspends Dollar-Based Land Allocation System, Exempts Foreign Investors

EU Council Greenlights Economic Partnership Deal with Kenya

US Economy Sees 1.3% Growth, Consumer Spending Holds Strong

Nigeria’s Advisory Committee Proposes Central Tax Agency

Kamau Thugge Earns Central Bank Governor of the Year Award for Economic Reforms

UN Labour Body Predicts Slight Decline in Global Unemployment for 2024

Egypt to Raise Subsidized Bread Prices by 300%, Announces Prime Minister

Canal Shipping Achieves 163% YoY Profit Surge in Nine Months

South Korean Trade Minister Yeo Han-koo and United Arab Emirates Minister of State for Foreign Trade Thani Al Zeyoudi sign documents during the announcement of the intent between the two nations to pursue a comprehensive economic partnership agreement (CEPA) in Dubai, United Arab Emirates, October 14, 2021. REUTERS/Alexander Cornwell

South Korea and UAE Sign Landmark Trade Pact at Leaders’ Summit

Del Monte Kenya: Cultivating Kenya’s Economic Growth Through Agriculture

Egypt’s Engineering Exports Surge by 32.3% to $1.6 Billion in Early 2024

Fitch Downgrades Bangladesh to ‘B+’; Maintains Stable Outlook

Kenya Expands Access to Electricity for 280,000 More Households

Egypt and Italy Assess Progress on $100 Million Debt Swap Program

G7 Finance Summit Focuses on Ukraine Aid and China’s Industrial Policies

Ruto’s US Visit Elevates Kenya’s Tech Status

Central Bank of Egypt Maintains Interest Rates Amid Economic Challenges

IMF Advises France on Fiscal Discipline Amidst Escalating Deficit

Unlocking Turkana’s Economic Potential: State Collaboration Key to Mineral Exploitation

TotalEnergies Commences $6 Billion Offshore Project in Angola

Japan’s Prime Minister Kishida Proposes Ambitious Capital Market Reforms to Attract Foreign Investment

U.S. and Kenya Unite in Landmark STEM Education Partnership

A customer selects a 100 rand banknote at an African craft market in the Rosebank district of Johannesburg, South Africa, on Wednesday, Aug. 26, 2015. South Africa, on Wednesday, Aug. 26, 2015. More than four years of currency declines -- to a fresh low this week -- aren't enough to offset electricity shortages, strikes and slowing demand from Asia and Europe that are pushing the economy to the brink of recession. Photographer: Waldo Swiegers/Bloomberg

South Africa’s Inflation Eases for Second Straight Month in April

Global AI Summit in Seoul Targets New Regulatory Agreements

G42 EcoCloud Signing Ceremony

Microsoft and G42 Inject $1 Billion into Kenya’s Digital Advancement, Boosting the Nation’s Economic Outlook

Kenya’s GDP Growth Hit 5.6% in 2023: KNBS Economic Survey Unveils

Global Market for Key Energy Transition Minerals to Reach $770 Billion by 2040: IEA Report

Vodacom and Orange in Talks for African Infrastructure Deals

Kenya Clinches Third Spot in Africa’s Fastest-Growing Companies Ranking

Dow Surpasses 40,000 as Global Stocks Reach Record Highs Amid Rate Cut Hopes

UN Study Warns of Potential $20 Billion Economic Loss for Egypt Amid Gaza Conflict Escalation

Central Bank of Nigeria Pledges to Maintain Rate Hike to Tame Inflation

Turkey and World Bank Sign $1 Billion Agreement for Renewable Energy Expansion

Stakeholders in Nairobi Strategize to Unlock Kenya’s Green Jobs Potential

Morocco to Nearly Double Energy Capacity by 2027 with Major Investment in Renewables

IMF Board Approves Use of SDRs for Hybrid Capital Instruments

Ruto Announces Ambitious Tax Reform to Increase Revenue

Kenya and EU Strengthen Economic Ties with New Partnership Agreement

Australia’s Budget Paves the Way for Renewable Energy Leadership

Nigeria Launches Mineral Resources Portal to Attract Global Investors

Finance Bill 2024: Kenyan Tax Landscape Undergoes Reform

Global Gold Prices Show Moderate Increase, Reaching $2,378 per Ounce: Gold Bullion Reports

Federal Government of Nigeria Proposes Tax Relief for Small Businesses

Kenya Leads Regional Horticultural Growth Initiative

Bank of England Holds Rate at 16-Year High, Signals Looming Cut

IFC and World Bank Partner to Foster Private Sector Growth in Egypt

Kenya’s Doctors and Government Reach Historic Agreement to End Strike

US Job Growth Slows, Unemployment Ticks Up: Federal Reserve Takes a Cautious Stance

Uganda’s Tax Policy Sparks Trade Tensions with Kenya

Kenya and EU Forge Data Protection Partnership

US Fed Confronts Persistent Inflation Concerns

Egypt’s International Reserves Surge to $41.057 Billion in April 2024

US Ambassador Meg Whitman Advocates for Kenya’s Economic Growth

Global Food Prices Rise in April, Concerns Persist for Vulnerable Populations

Nigerian Banks Introduce Cybersecurity Levy on Transactions

Kenya Moves to Eliminate Double Taxation with Belarus, Facilitating Over Ksh70 Billion in Deals

Federal Reserve’s 2% Inflation Target Reiterated Amidst Policy Debate

Chad’s Cotton Farmers Struggle Amidst Climate Challenges and Political Disillusionment

Kenyan Government Vows Support for Flood-Affected Businesses, Calls for Information

US Fed Maintains Rates Amid Inflation Concerns

Nigeria Implements Significant Salary Increase for Civil Servants

Nairobi Stock Exchange Market Cap Surges to KSh 1.8 Trillion in Q1 2024

Central Bank of the UAE Witnesses Historic Surge in Foreign Assets by $55.2bn

Egypt Commits $60 Billion to Green Hydrogen and Ammonia Projects

South Africa Implements Bank Deposit Insurance Scheme for Enhanced Financial Security

WTO Nations Renew Efforts to Reform Dispute Resolution Mechanism

Kenya and Zimbabwe Forge Closer Ties with Bilateral Cooperation Agreements

Kenya Invites Global Investment: President Ruto Engages American Investors

Middle East Tensions Endanger Global Inflation Progress: World Bank

China’s CSCEC Expands Footprint with New Steel Structures Factory in Egypt

Kenya Poised to Surpass Angola in Sub-Saharan Economic Rankings, IMF Forecasts Reveal

Riyadh Prepares to Host World Economic Forum Special Meeting

Egyptian Exporters Seek Two-Year Tax Exemption to Fuel Growth

Kenya Power Accelerates Transition to Electric Mobility with Ksh 258 Million Investment

Global Economic Growth Expected to Slow in 2024, UNCTAD Warns

Naira Sees Decline in Both Official and Unofficial Markets

World Bank Report Reveals Persistent Poverty Amidst Kenya’s Economic Growth

IMF Identifies Urgent Challenges for Low-Income Countries

Africa’s Debt Burden Threatens Economic Potential, Warns ADB President

Machakos County Initiates Promising Avocado, Coffee, and Cotton Ventures

IMF Projects Saudi Arabia to Achieve Second Highest Global Growth Rate in 2025

Egypt Affirms Commitment to Flexible Exchange Rate, Central Bank Deputy Confirms

IMF Revises Kenya’s GDP Growth Forecast Amid External Pressures

IMF Calls for Fiscal Restraint Amidst Surge in Global Elections Image for illustrative purposes only.

World Bank Boosts Efforts to Electrify Africa, Aiming for 250 Million Connected by 2030

KEPSA Collaborates with The World Bank to Launch Carbon Market Guidebook for Kenyan Enterprises

IMF Reports $3.3 Trillion Global Output Loss Since 2020 Amid Lingering Pandemic Scars

Luno Becomes South Africa’s First Licensed Crypto Provider

Kenya’s Stronger Shilling Sparks Economic Optimism for 2024

US Inflation Edges Up

Ethiopia Contemplates Currency Devaluation to Secure IMF Bailout

World Bank Forecasts 5% Growth for Kenya’s Economy Amidst Increased Investments

Italy’s Cabinet Approves Revised Economic Outlook for 2024 Growth

Government Launches Labour Activation Programmes to Combat Unemployment in Gauteng

Central Bank of Kenya Expects Import Rebound Amid Exchange Rate Stability

Central Bank of Kenya Expects Import Rebound Amid Exchange Rate Stability

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