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The payments, which include both installments on borrowed sums and interest charges, reflects 24.5% of the government’s total revenue of $11.81 billion (KSh1.53 trillion) over the same period.
African equities entered 2025 with caution. Inflation was still biting in several economies, currencies were volatile, and foreign investors remained selective about frontier exposure.
Ethiopia’s manufacturing sector is losing employment share despite strong economic growth, highlighting structural bottlenecks that could complicate the country’s industrialisation strategy, according to the African Development Bank (AfDB).
The disruption of shipping and energy flows through the Strait of Hormuz, which handles roughly 20% of global seaborne oil trade, has pushed crude prices 40–50% higher in recent weeks, raising concerns about renewed inflationary pressure across global markets.
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Planning to make contactless payments? Cardtonic Introduces Platinum Card to…
Target Yield offers Nigerians a disciplined goal-driven investment structure with…
In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
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Nigeria is developing the Lagos International Financial Centre to attract global banks, deepen capital markets and position Lagos as a regional hub for international investment flows. Here’s all you need to know.
The last time female billionaires appeared on the list was in 2020, when Angolan tycoon Isabel dos Santos and Nigerian oil magnate Folorunsho Alakija were included.
Inflation continued to cool across several of Africa’s largest and most closely watched economies in February, extending a downward trend that gathered pace through much of 2025 and the opening weeks of this year.
The price increases come against a backdrop of heightened volatility in international energy markets, where crude oil prices have surged more than 25% since January due to disruptions in Middle Eastern supply chains.
