inflation

President William Ruto will address the nation today, focusing on Kenya’s economic challenges, political tensions, and the government’s response plans.

Egyptian President Abdel Fattah al-Sisi reshuffled the cabinet, bringing in new finance and foreign ministers to tackle economic challenges, inflation, and power cuts.

Nigeria is gearing up for another substantial rate hike as part of its aggressive measures to combat soaring inflation levels. The impending move reflects the government’s determination to rein in …

Congo has reinstated the death penalty, sparking a heated debate both domestically and internationally. The decision, announced by government officials earlier today, marks a significant shift in the country’s legal …

Nigeria has approved the immediate resumption of cash transfers to 12 million vulnerable households, Finance Minister Wale Edun said on Monday, amid a cost-of-living crisis and calls by labour unions …

South Africa’s largest food producer, Tiger Brands, is taking measures to reduce its spending and streamline its product portfolio, after facing lower revenues and higher inflation in the first four …

Nigeria’s central bank has increased the interest rates on short-term debt obligations in a bid to attract foreign investors and stabilize the naira, the country’s currency. The Abuja-based Central Bank …

Egypt has announced a massive social protection package worth over $26 billion to help its citizens cope with the soaring cost of living amid a looming currency devaluation. The package, …

Egypt’s central bank unexpectedly raised its key interest rate by 200 basis points on Thursday, signaling that a long-awaited currency devaluation and a new deal with the International Monetary Fund …

Mozambique’s central bank has announced a surprise cut in its key interest rate, the first since the global pandemic in 2020, in a bid to stimulate economic growth and recovery. …