Tag: Business Africa

Standard & Poor’s May Upgrade South African Rating This Month, BofA Says

Bank of America (BofA) has said that South Africa could receive a credit rating upgrade from Standard & Poor’s (S&P) before the end of...

World Bank’s Investment Arm to Boost Local-Currency Lending in Africa

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has announced plans to expand local-currency lending across Africa to...

Zimbabwe’s Inflation Set to Drop Amid Stable Currency and Gold Boom

Zimbabwe’s inflation rate is expected to decline in the coming months, supported by a stronger local currency and increased revenue from booming gold exports,...

Kenya to Hold Follow-Up Meetings with IMF for New Programme

Kenya is set to hold follow-up meetings with the International Monetary Fund (IMF) in the coming weeks to discuss the framework for a potential...

Egypt’s Non-Oil Private Sector Records Slowest Contraction in Three Months, PMI Shows

Egypt’s non-oil private sector activity declined at a slower pace in October, marking the softest contraction in three months, according to data released by...

Popular articles