CAIRO – 28 October 2018: The United Nations provided finance to Egypt worth $150 million in fields of technical assistance, training and innovation during 2017, according...
CEO of the Infrastructure Bank, Adekunle Oyinloye.(Image: GuardianNG) Nigeria has fallen alarmingly short on the $127billion estimated required investment to bridge the country’s infrastructure deficit....
Minister of Planning and Administrative Reform Hala el Saeed – File Photo CAIRO – 16 October 2018: Egypt’s balance of payments recorded a surplus of...
World Bank-File CAIRO – 13 October 2018: Egypt signed on Saturday an agreement with the World Bank to back infrastructure at cost of 300 million...
World Bank Group President Jim Yong Kim – World Bank website CAIRO – 12 October 2018: President of the World Bank Group Jim Yong Kim...
South African finance minister, Nene resigns(NAN) President Cyril Ramaphosa, promptly replaced South African Finance minister Nhlanhla Nene, who resigned Tuesday, with former central bank governor,...
President Buhari writes NASS, seeks approval for $2.78bn Euro bonds to fund part of the 2018 Budget.(NAN) President Muhammadu Buhari has requested a National Assembly...
CAIRO – 9 October 2018: The International Monetary Fund (IMF) expected Tuesday Egypt’s economy to record a growth rate of 5.3 percent in 2018 and 5.5...
Vice president Yemi Osinbajo(NAN) Vice President Yemi Osinbajo says the Federal Government has spent N1.7 trillion in capital investment in two budget years. Osinbajo disclosed...
CAIRO – 8 October 2018: Egypt’s foreign reserves increased by $40 million by the end of September 2018 to reach $44.459 billion, compared to $44.419 billion...
Zimbabwean Finance Minister Mthuli Ncube presents mid-term fiscal policies in Harare. Picture: Shaun Jusa/Xinhua Harare – Zimbabwean Finance Minister Mthuli Ncube has introduced a raft...
photo – REUTERS/Thomas White CAIRO – 5 October 2018: The growing remittances of US dollars by Egyptians working abroad have helped stabilize Egypt’s financial market...
The Central Bank of Nigeria (CBN), International Monetary Fund (IMF), and Financial Market Dealers Association (FMDA), were unanimous in calling for a rule-based financial system, compliance...
The World Bank has revised downwards Nigeria’s growth forecast for 2018 to 1.9 percent, down from the 2.1 per cent it estimated for the country last...
CAIRO -28 September 2018: Egypt has received the third and last 500 million dollars tranche of a 1.5 billion dollars African Development Bank (ADB) loan which...
CAIRO – 27 September 2018: Expectations of the Monetary Policy Committee’s (MPC) meeting on Thursday regarding interest rates are going towards keeping the rates on hold,...
JOHANNESBURG – South Africa’s troubled economy continues to bleed jobs, with the battered manufacturing sector letting go of 13 000 workers in the second quarter of the...
The Naira on Wednesday depreciated marginally against the dollar at the investors’ window, trading at N364, weaker than N363.72 posted on Tuesday. Market turnover stood at...
JOHANNESBURG – South Africa’s central bank should stick to targeting inflation rather than trying to stimulate the economy, because an abrupt change in policy would damage its...
CAIRO – 25 September 2018: President Abdel Fatah al-Sisi affirmed Egypt’s belief in the role of the private sector, clarifying his country’s intention to continue the...
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