Currencies across Africa are stabilising, yet everyday prices remain dollar-linked.
At the height of its 2024 currency turmoil, Nigeria’s inflation climbed past 30 per cent. Following exchange-rate reforms, the naira […]
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Nigeria records $600 million in remittances amid G-24 call for digital payment reforms.
Cross-border digital payments are increasingly being viewed as a core development priority for emerging economies rather than a simple banking
Nigeria and South Africa emerge as top players in the $300 billion stablecoin market.
Nigeria and South Africa are emerging as Africa’s frontrunners in stablecoin adoption, with businesses and consumers increasingly using dollar-linked digital
Banks urged to lead Ghana’s drive for economic transformation.
Ghanaian banks have been urged by Dr. Johnson Asiama, Governor of the Bank of Ghana, to shift focus from short-term
Nigerian banks approach the final phase of their recapitalisation push.
Nigeria’s banks are entering the last stage of their recapitalisation efforts, with lenders accelerating capital-raising activities ahead of the Central
Inflation in Uganda remains below target, prompting the central bank to keep interest rate at 9.75%.
Uganda’s central bank has held its main interest rate steady for the sixth consecutive meeting, pointing to global economic risks
Markets in Japan rise after Takaichi achieves a groundbreaking election victory
Japanese stocks soared after PM Sanae Takaichi’s LDP won a two-thirds lower house majority, giving her a strong mandate to advance pro-business policies.
COCOBOD and government consider alternative approach to cut raw cocoa bean exports
COCOBOD and the government are considering a new financing framework to cut back on raw cocoa bean exports and promote local processing, a move aimed at increasing value retention and strengthening Ghana’s cocoa industry.
Nigeria’s industrial sectors get a boost as Finceptive clears ₦3 billion Series 1 CP
Finceptive Limited has successfully redeemed its ₦3 billion Series 1 Commercial Paper, reinforcing its track record in Nigeria’s debt markets. The funds supported trade and supply chain finance across Manufacturing, Renewable Energy, and FMCG sectors, highlighting the company’s role in strengthening Africa’s industrial value chains.
India set to purchase up to $80 billion in Boeing aircraft after U.S. trade deal
India plans to order up to $80 billion in Boeing aircraft as part of efforts to expand trade with the United States, with additional imports of engines and parts potentially pushing the total above $100 billion. The deal comes amid broader discussions on increasing bilateral trade, while officials stress that no binding investment commitments have yet been made.