Kenya cut its spending on imported medicines by 23.52 percent in the first quarter of this year, marking the second…
The bank said on Tuesday that there's risk of a fresh "shock" emerging for markets, pointing to one divergence…
The World Bank has retained Nigeria’s lower-middle-income classification for its 2027 fiscal year and also designated the country as a…
Climate finance provided by multilateral development banks (MDBs) to low- and middle-income countries has doubled over the past five years,…
Kenya’s request for an estimated Sh77.5billion ($600million) emergency loan from the World Bank has been delayed due to the lack…
South Africa’s economy is moving closer to a sustained recovery as structural reforms and improvements in governance begin to ease…
Kenya Reinsurance Corporation increased its investment in its Zambian subsidiary by Sh284 million last year, more than doubling its total…
The Bank of Central African States, BEAC, has joined the Pan African Payment and Settlement System, PAPSS, in a move…
According to a directive issued by the Bank of Angola on July 2 and published on Thursday, banks can…
As intra-African trade gathers momentum, new investment opportunities are emerging across the continent. Andrew Mashanda, head of business & commercial…