Yuan strengthens to 6.9054 against dollar
The central parity rate of the Chinese currency renminbi or the yuan, strengthened 186 pips to 6.9054 against the dollar...
Foreign
Ajay Banga Selected 14th President of the World Bank
The Executive Directors of the World Bank have selected Mr Ajay Banga as President of the World Bank for a...
What is happening to Kenya’s economy
Kenya’s economy grew by 4.8 percent in 2022, a slower pace than 7.6 percent recorded the previous year, the statistics...
Despite cash pressure, Rwanda repays $400m Eurobond
Rwanda has successfully repaid its $400 million Eurobond despite pressure on the country’s coffers that have come under intense pressure...
The issues on latest Kenya’s loan from China
China’s loans for President William Ruto’s first full-year budget will be the smallest in 16 years as Beijing adopts a...
Afreximbank launches US$3b Programme with Kenya
African Export-Import Bank (“Afreximbank” or the “Bank” on 2 May 2023 in Nairobi signed a US$3 billion Country Programme with...
Nigeria strengthens trade relations with Bangladesh
The Federal Government says it would strengthen bilateral trade relations with the Republic of Bangladesh. The Minister of Industry, Trade...
Afreximbank bags 7 awards at capital markets Africa awards
The African Export-Import Bank (Afreximbank) has bagged seven awards at the Bonds, Loans and ESG Capital Markets Africa Awards 2023...
AfDB urges maximisation of resources for meaningful change
African Development Bank (AfDB) says there is a need for International organisations to maximise their resources by engaging governments, the...
Africa’s creative industry will expand through credit, infrastructure
Nigeria’s Vice President Yemi Osinbajo has said that with the right infrastructure, credit and exposure, the creative industry in Africa...
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