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Kenya will postpone the drawdown of a $1.5 billion loan from the UAE to align it with its fiscal framework, as stated by Finance Minister John Mbadi. The country is …
Kenya Delays Utilization of $1.5 Billion UAE Loan for Fiscal Alignment Read More
South Africa’s budget deficit reached 62.68 billion rand ($3.39 billion) in January, a slight increase from 62.42 billion rand in January of the previous year, according to National Treasury data. …
South Africa’s January Budget Deficit Reaches 62.68 Billion Rand Read More
In 2024, Malaysia reached a record of 378.5 billion ringgit ($85.8 billion) in approved investments, a 14.9% increase from the previous year. Domestic investors contributed significantly, while the United States …
Malaysia Achieves Record $86 Billion in Approved Investments for 2024 Read More
In January 2023, Brazil’s central government recorded a primary budget surplus of 84.9 billion reais, which was below market projections of 88.5 billion. Despite this, it improved from last year’s …
Brazil’s Central Government Reports Lower-Than-Expected Primary Surplus in January Read More
Brazil’s central government achieved a primary budget surplus of 84.882 billion reais ($14.6 billion) in January, although this fell below the anticipated surplus of 88.450 billion reais as projected by …
Brazil’s Central Government Achieves $14.6 Billion Primary Budget Surplus in January Read More
Former President Mahama projects that Ghana’s debt servicing will reach Ghc280 billion in four years, with Ghc150 billion for domestic debt and Ghc130 billion for external debt. He also reports …
Ghana’s Economic Gloom: Debt Servicing and Energy Sector Challenges Read More
Brazil’s current account deficit reached $8.7 billion in January 2025, widening from $4.4 billion a year prior and exceeding forecasts of $8.3 billion. The goods surplus fell to $1.2 billion, …
Brazil’s Current Account Deficit Exceeds Expectations in January 2025 Read More
Kenya’s government has announced a KSh194 billion loan through a Eurobond offering, with a fixed interest rate of 9.5%. The oversubscribed issuance will refinance existing debt, notably a KSh116 billion …
Kenya Secures KSh194 Billion Loan Through New Eurobond Issuance Read More
Rwanda plans to increase taxes on beer and tobacco over the next five years as part of a national strategy to generate funds for development projects. This decision reflects a …
Rwanda Increases Taxes on Beer and Tobacco to Fund Development and Improve Public Health Read More
President Bola Tinubu announced the creation of the National Credit Guarantee Company to enhance credit access for individuals and essential sectors. This entity, set to operate by June, is a …
Nigeria’s Tinubu Unveils National Credit Guarantee Company for Economic Growth Read More