- Nigeria Inflation Rate Forecasted to Slow to 13.59% in October
- Naira Loses N7 as Bonny Light, Nigeria’s US Dollar Reserves Ease
- Ethereum Tumbles as Rising Fed Rate Hike Odds Trigger Crypto Selloff
- African Currencies Mixed as Dollar Posts Strongest Week Since October
- Cardano Lost 8% as Hoskinson Says He Never Promised Price Gains
- Pi Network Loses 12% as Top Cryptocurrencies Tumble
- Fitch Affirms Namibia at ‘BB-’ with Stable Outlook
- XRP Plunges by 10% to $0.9146 on Aggressive Selloffs
Inside Africa
Fitch Ratings has affirmed Namibia’s Long-Term Issuer Default Ratings (IDRs)at ‘BB-’ with a Stable Outlook. Namibia’s ratings are supported by strong governance indicators and an institutional framework relative to rating peers.
The South African Rand traded steady against Western currencies, the US dollar, the euro, and the British pound on Monday as gold rebounded amid uncertainty in the global commodity market.
King Letsie III of Lesotho said that nearly 60 per cent of the world’s chronically undernourished population by 2030 could be living in Africa.
Moody’s Ratings said it completed a periodic review of the ratings of Ethiopia and other ratings that are associated with this issuer.
The Executive Board of the International Monetary Fund (IMF) has approved a Resilience and Sustainability Facility
Angola’s economic recovery in 2021/22 was nearly halted in 2023 by a double shock in the first half of the year…
Moody’s Ratings has changed the outlook on the Government of Egypt from negative to positive …
The United States (US) Department of the Treasury’s Office of Foreign Assets Control …
President of the African Development Bank Group Dr. Akinwumi Adesina has appealed to leaders in Nigeria and across Africa