The Monetary Policy Committee (MPC) of the Bank of Tanzania (BOT) met on last month in September 2021 to review the conduct of monetary policy and economic performance in the recent past and the general economic outlook. Read more.
Business and financial news from the African continent.
The government has said investment in fish farming will help increase raw materials in the fish processing industry as well as establish new industries. Read more.
The entry of government’s Local Development Fund (LDF) into the transport sector is a complimentary effort that will enable people access the most productive areas of the economy and facilitates easy access and sharing of knowledge and skills. Read more.
Rwanda’s National Agriculture Export Board (NAEB) has legitimately commenced the procedures of its recently acquired sorting and grading coffee modern machines worth US$1.159 million and through the Trademark East Africa (TMEA), USAID funded the delivery, procurement, installation and functionality of the machines. Read more.
Windhoek-The African Development Bank (AfDB), United Nations Namibia and World Food Programme has showered praises on Namibia for efforts made in agriculture research following the country’s successful implementation of a seed production and development research station in the country’s northern regions. Read more.
Gaborone- Minister of Finance Peggy Serame has lauded the acquisition of BancABC Botswana by renowned Nigerian Bank Access bank which has operations in about 10 countries worldwide. Read more.
Zambia’s president Hakainde Hichilema says he seeks to fortify relations with the European Union to foster trade and economic development in that country. Read more.
The lifting of the covid-19 restrictions and subsequence opening of the tourism sector to the island nation is fuelling a rise in the value of the Seychelles rupee against all other currencies in Africa, making it among the top 10 performing currencies in Africa this year, according to a financial news outlet. Read more.
The year 2020 proved that there was no need to be afraid of change.
A rise in financial services shares largely contributed to a 0.26% increase in Nigerian stocks on Wednesday, reversing part of the loss it reported during the previous trading session. Read more.
The newly inaugurated president of Zambia Hakainde Hichilema has promised the country with 10% growth per year during his five-year term in power as discussions with the International Monetary Fund (IMF) over provision of financial support continue. Read more.
Pan-African investment platform Africa50 has announced the creation of a new US$500 million fund called the Africa50 Infrastructure Acceleration Fund, aimed at catalysing further investment flows into African infrastructure.
