Tag: African economy

World Bank ramps up $23bn Africa investment push as private capital gaps widen

News Damilola Bayonle -
IBADAN, May 21 — The World Bank Group plans to mobilise about $23 billion in private investment for Africa...

Nigeria Credit Rating Upgrade Lifts Investor Sentiment Amid Economic Strain

Business Damilola Bayonle -
Why Nigeria Credit Rating Upgrade Matters to Investors Nigeria secured its first sovereign credit-rating upgrade in more than a decade...

Africa finance future shifts as banking boom meets rising debt and global uncertainty

Business Damilola Bayonle -
Africa finance outlook: Banking boom, rising debt reshape economic trajectory Africa’s financial system is entering a defining phase as strong...

African nations rush to harness gold boom as global tensions push bullion prices to record highs

Business Damilola Bayonle -
African economies are increasingly repositioning their gold sectors as strategic economic pillars as rising global demand for the precious...

Ghana inflation drops to 3.3%, lowest in over two fecades as disinflation streak hits 14 months

Business Damilola Bayonle -
Ghana inflation falls to 3.3% as price pressures continue easing Ghana’s annual inflation rate dropped to 3.3 percent in February...

CBN Governor Cardoso Pushes Bold Plan to Accelerate Africa Industrialisation and Climate-Smart Growth

Business Damilola Bayonle -
CBN governor urges banks to drive Africa industrialisation amid climate risks The Governor of the Central Bank of Nigeria (CBN),...

Tinubu demands end to ‘Africa Premium’, pushes for fairer global lending rules

Business Damilola Bayonle -
Tinubu calls for fairer African financial system as borrowing costs bite President Bola Tinubu has renewed calls for sweeping reforms...