economic reforms

S&P revised South Africa’s outlook to positive, highlighting accelerated reforms, improved financial conditions, and private sector-led growth initiatives

South Africa mourns the death of former Finance Minister Tito Mboweni, a key figure in the country’s economic reforms, who passed away at age 65.

Kenya’s finance ministry invites public input on economic reform legislation after protests over tax hikes, aiming to tackle revenue shortfalls.  

Nigeria detains tailors for making Russian flags used in anti-government protests.

Ethiopia secures $4.9 billion in debt relief amid economic reforms, aiming for financial stability and growth.

World Bank approves $1.5 billion financing for Ethiopia to support economic reforms and debt restructuring.

South Africa’s recent economic reforms have inspired Abax Investments to increase its exposure to the country, seeing significant potential for long-term investment.

President William Ruto’s cabinet reshuffle aims to address the root causes of recent deadly protests in Kenya, focusing on economic and social reforms.

The IMF retains Nigeria’s growth projection at 3.3% amid ongoing economic reforms and challenges, including a significant rise in food price inflation.

The IMF links an $8 billion loan for Egypt to crucial economic reforms, including currency flexibility, aiming for sustainable growth and market-driven policies.