02/12/2019
According to the bank’s report on Africa’s Macroeconomic Performance and Prospects, fastest growing African countries include Senegal with 7.0 percent, Rwanda with 7.2 percent, and Cote d’Ivoire with 7.4 percent.
02/12/2019
StanChart says that Kenya has foreign exchange reserves above $8 billion and current account receipts are estimated to rise to at least $20 billion in 2019 on strong remittance and tourism growth, giving the country some comfort.
02/11/2019
The project reflects keenness of the CBE to create a favourable climate for Egyptian businessmen to invest in Africa, and to ease trade exchange between Egypt and African countries, she added.
02/11/2019
Recent crises that have contributed to the industry’s tarnished image include Steinhoff, African Bank, and last year’s crisis in the listed property sector.