Results for Africa
- African Development Bank Chief Warns Africa On International Debt
product will grow at 1.6 per cent this year, a sharp decline from 3.5 per cent in 2015, and well below the ...
Daily Headline - global.abi.org - 08/30/2016 - 22:53 - 0 comments
- Kenya’s Chase Bank Removed From Receivership
Chase Bank has received Central Bank of Kenya’s (CBK) approval to start taking fixed deposits and resume lending, CAJ News reported. The move marks a major milestone in the turnaround efforts of the bank signaling that most of the major issues under reso ...
Daily Headline - global.abi.org - 08/17/2016 - 23:58 - 0 comments
- Republic Of Congo Set To Cure Bond Default
One of the briefest sovereign defaults in history? The Republic of Congo today made a belated but full interest payment on a $478m bond, after mysteriously failing to do so on the due date on June 30, resulting in rating agencies declaring a sovereign de ...
Daily Headline - global.abi.org - 08/08/2016 - 22:32 - 0 comments
- Nigerians Feel Squeeze As Economy Slides Towards Recession
contract by 1.8 per cent this year, down from its estimate in April of 2.3 per cent growth for the year. ...
Daily Headline - global.abi.org - 07/31/2016 - 22:22 - 0 comments
- Mozambique Raises Key Rate to 17.25 Percent on Inflation
at NKC African Economics. Mozambique holds foreign reserves of $1.9 billion, enough to cover three ...
Daily Headline - abi_admin - 07/22/2016 - 12:19 - 0 comments
- South Africa Leaves Main Interest Rate Unchanged
a tepid 0.6 percent expansion. The bank said the economy would likely recover to grow at a 1.1 ... growth were too great raise the bank’s main “repo” rate above 7.0 percent. Kganyago has raised rates ...
Daily Headline - abi_admin - 07/21/2016 - 12:39 - 0 comments
- Misinvoicing of Commodities Costs Billions to Developing World
Commodities from the developing world worth billions of dollars are being exported illicitly every year through misinvoicing, denying governments revenue that would in many countries exceed their inward foreign direct investment, according to research co ...
Daily Headline - abi_admin - 07/18/2016 - 12:09 - 0 comments
- Moody’s Cuts Mozambique Ratings On Expected Defaults
repayment schedule. But the government is now contending with a growing scandal over $1.4 billion in ...
Daily Headline - global.abi.org - 07/10/2016 - 21:02 - 0 comments
- South Africa to Narrowly Avoid Recession This Year, IMF Says
expand just 0.1% this year, down from its previous forecast for a 0.6% expansion. Growth of just 1.1% in ...
Daily Headline - global.abi.org - 07/07/2016 - 23:02 - 0 comments
- Cash-Starved Zimbabwe Closes In On IMF Deal To Clear Debts
Zimbabwe is close to putting the final touches to a debt-arrears package that could see it receive an emergency injection of funds from the International Monetary Fund and other multilateral institutions into its cash-starved, drought-stricken economy, Z ...
Daily Headline - global.abi.org - 07/06/2016 - 22:38 - 0 comments