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As Kenya’s economy slows to its weakest pace in five years, a mix of elevated living costs, tighter household budgets […]
The post Kenyan Banks Have Written Off $580 Million in Loans as Economy Slows appeared first on Impact Newswire.
The Central Bank of Nigeria has kept its benchmark interest rate unchanged at 26.50 percent as policymakers adopted a cautious […]
The post Nigeria Holds Interest Rate At 26.50 Percent As CBN Warns On Inflation Risks appeared first on Impact Newswire.
South Africa’s Eskom is holding early discussions with the World Bank and other potential financiers over plans for a major […]
The post Eskom Seeks World Bank Support For Major Nuclear Expansion In South Africa appeared first on Impact Newswire.
The facility comes as SMEs account for more than 60% of economic activity in Zimbabwe and intra-African trade remains at […]
The post Ecobank Zimbabwe Has Secured $15M From Afreximbank appeared first on Impact Newswire.
South Africa has increased import duties on selected steel products in a move aimed at protecting its struggling domestic steel […]
The post South Africa Raises Steel Import Duties To Shield Struggling Local Industry appeared first on Impact Newswire.
Kenya has given X owner Elon Musk a three-month deadline to establish a local office in the country, escalating regulatory […]
The post Open an X Office in Nairobi or Cease Operations, Kenya Tells Musk appeared first on Impact Newswire.
As Ethiopia accelerates major financial sector reforms, including capital market development, treasury bill liberalisation and rapid private bank expansion, trade […]
The post Wage Imbalances Threaten Stability of Ethiopia’s Banking Workforce appeared first on Impact Newswire.
As the Central Bank of Nigeria maintains one of the world’s most restrictive cash reserve regimes to contain inflation and […]
The post CBN Reserve Policy Drains $1.6 Billion From Nigerian Banks appeared first on Impact Newswire.
As Kenya moves to extend value-added tax to digital payment platforms, including mobile money systems that underpin everyday commerce, is […]
The post Kenya’s Push to Overtax Digital Payments Sparks Fintech Backlash Fears appeared first on Impact Newswire.
As global central banks pause to assess how the Iran war will ripple through energy, food and fertilizer markets, Zambia […]
The post Bank of Zambia Cuts Rates Again Despite Iran War Risks appeared first on Impact Newswire.
Zimbabwe’s decision to approve zero-cost bank accounts for small businesses marks its latest attempt to pull a vast informal sector […]
The post Small Businesses in Zimbabwe Can Now Open Free Bank Accounts appeared first on Impact Newswire.
Kenya has sharply increased retail fuel prices for the second consecutive month as the ongoing Iran conflict continues disrupting global […]
The post Kenya Fuel Prices Surge Again As Iran Conflict Drives Energy Costs Higher appeared first on Impact Newswire.
Africa’s top public health agency has confirmed a new Ebola outbreak in the eastern part of the Democratic Republic of […]
The post New Ebola Outbreak In Congo Leaves 65 Dead As Africa CDC Warns Of Regional Spread appeared first on Impact Newswire.
Indian billionaire Ravi Jaipuria is accelerating his manufacturing expansion across Southern Africa through a $40 million investment aimed at strengthening […]
The post Ravi Jaipuria Expands Beverage Manufacturing Push Across Southern Africa $40 Million Investment appeared first on Impact Newswire.
Nigeria’s telecommunications operators invested more than $1.56 billion in network infrastructure in 2025 as regulators intensify pressure on the industry […]
The post Nigerian Telcos Spend $1.56 Billion On Network Upgrades As Service Complaints Persist appeared first on Impact Newswire.
Uganda’s central bank has left its benchmark lending rate unchanged at 9.75 percent for the seventh consecutive policy meeting, noting […]
The post Bank of Uganda Holds Interest Rate At 9.75 Percent As Inflation Remains Stable appeared first on Impact Newswire.
Backed by Algeria’s largest state-owned lenders, the bank’s regional push reflects growing competition among African nations to build cross-border financial […]
The post Algerian Bank in Senegal Eyes Niger and Côte d’Ivoire Expansion appeared first on Impact Newswire.
The approval marks a significant shift in Tanzania’s approach to digital assets, as the central bank moves from caution toward […]
The post Bank of Tanzania Begins Controlled Testing of Stablecoins appeared first on Impact Newswire.
As Emmanuel Macron rolled into Nairobi with €23 billion in investment pledges, talk of a “new equal partnership,” and a […]
The post Macron Brings €23bn Pitch to Nairobi, But Colonial Habits Shadow France’s Africa Reset appeared first on Impact Newswire.
France’s development finance institution Proparco signed a strategic partnership with AXIAN Telecom’s mobile operator Yas and AXIAN Energy to expand digital finance, connectivity and renewable […]
The post Africa’s Digital Finance Push Gets a $338 Million Backer appeared first on Impact Newswire.
African leaders gathering in Nairobi this week are using the Africa Forward Summit to push for a major rethink of […]
The post AI Investment Push Dominates Africa France Summit As Leaders Demand Fairer Risk Ratings appeared first on Impact Newswire.
By Sabir Ballim – Investors trading across Africa require custody services and internationally experienced custodians to protect their portfolios and process […]
The post OPINION: The New Centre of Market Resilience in Africa appeared first on Impact Newswire.
Uganda’s parliament has passed a toned-down version of its controversial sovereignty legislation after warnings from the Bank of Uganda that […]
The post Uganda Softens Sovereignty Law After Central Bank Warns of Financial Fallout appeared first on Impact Newswire.
During a wide-ranging interview with CNBC Africa, Aliko Dangote made a blunt case that Africa’s biggest problem is not capital […]
The post Richest Man in Africa Says the Continent Must Trade With Itself or Stay Poor appeared first on Impact Newswire.