Nigeria: Interest Rate, Others Drive Foreign Portfolio Investment Up By 170%
The Central Bank of Nigeria, CBN's, high interest rate regime and foreign exchange policy have whetted the appetite of Foreign ...
Tag: RATE
Kenya: KPC Completes Second Phase of Nairobi-Eldoret Pipeline Upgrade, Boosting Fuel Flow Rate to 515 M³ Per Hour
Kenya Pipeline Company (KPC) has completed the second phase of the Line IV (Nairobi-Eldoret pipeline) upgrade project, increasing the product ...
The International Monetary Fund (IMF) announces that the adoption of a floating exchange rate regime that Ethiopia introduced on July 29 is advancing well.
Ten percent of the USD 3.4 billion that the IMF demonstrated through the Extended Credit Facility (ECF) instrument would be ...
Rwanda: What Federal Reserve’s Rate Cut Means for African Markets
Last week, the US Federal Reserve (Fed), the country's central bank, reduced the benchmark interest rate by 50basis points to ...
Only 5.4% of students pass Grade 12 exam; Addis Abeba leads in pass rate
Professor Berhanu Nega, Minister of Education (Photo: Ministry of Education) Addis Abeba – The Ministry of Education (MoE) has announced the results ...
South Africa: SA Reserve Bank Holds Key Repo Rate Steady, but Signals Positive Outlook
In a widely expected move, SA Reserve Bank governor Lesetja Kganyago confirmed that the Monetary Policy Committee had elected to ...
Tunisia: Dams Filling Rate No Higher Than 31.5 Percent On June 14, 2024 (Onagri)
Tunis — The filling rate of all Tunisian dams did not exceed 31.5% on June 14, 2024, i.e. water reserves ...
Tanzania: Kikwete Praises Growth Rate, Stability of Financial Institutions in the Country
DAR ES SALAAM — Former President of the Fourth Phase, Dr. Jakaya Kikwete has expressed his satisfaction with the growth ...
Nigeria: Central Bank Raises Interest Rate
The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the ...
Nigeria: Again, CBN Increases Interest Rate to 24.75 Percent
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate by 200 basis points to 24.75 per cent ...
