Tag: inflation Africa

Middle East Conflict Hits Africa Hard as Currencies Fall and Inflation Risks Surge

Business Damilola Bayonle -
The Middle East conflict impact on Africa economies is becoming increasingly pronounced, with fresh data showing widespread currency depreciation,...

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...

Rwanda raises interest rate to near 3-year high, defying Africa’s easing wave

Business Damilola Bayonle -
Rwanda policy rate hike breaks with Africa’s easing trend The National Bank of Rwanda has delivered its sharpest interest rate...