Bank of Namibia Considering CBDC for Cross-Border Payments
The Bank of Namibia is assessing the issuance of a CBDC aimed at improving cross-border payments and financial inclusion. Under...
Companies
President Tinubu Enacts N54.99 Trillion 2025 Budget into Law
President Bola Tinubu has enacted the N54.99 trillion 2025 Appropriation Bill, reflecting a 99.96% increase from the previous budget. The...
MTN Nigeria Faces Stock Decline Amid Naira Devaluation Losses
MTN Nigeria's stock faced a significant decline, dropping 9.1% amid financial losses due to naira devaluation. The company reported a...
Cameroon Seeks Alternative Financing Solutions for Development Goals
Cameroon is seeking alternative financing strategies, particularly structured finance, to fund its National Development Strategy (SND30) by 2030. A seminar...
Eletrobras Shares Surge Following Agreement with Brazilian Government
Eletrobras shares rose 4.3% after an agreement with Brazil allows state board appointments and alleviates investment requirements, enhancing company flexibility....
Brazil’s 10-Year Bond Yield Exceeds 15% Amid Economic Concerns
Brazil's 10-year government bond yield has surpassed 15%, approaching levels last seen in March 2016 amid escalating concerns over fiscal...
Soraya Hakuziyaremye: A Trailblazer as Rwanda’s First Female Central Bank Governor
Soraya Hakuziyaremye was appointed as the first female Governor of the National Bank of Rwanda on February 25, 2023. She...
Ecora Resources Enters $50 Million Copper Stream Agreement for Mimbula Mine
Ecora Resources has signed a $50 million copper stream agreement with Moxico Resources for the Mimbula copper mine in Zambia....
Equinor Explores Sale of Shale Holdings in Argentina to YPF
Equinor is in talks to potentially sell stakes in its Argentinian shale assets to state-run YPF. This decision comes as...
Osei-Asare Refutes Mahama, Emphasizes Economic Recovery Under NPP
Former Minister Abena Osei-Asare rebuts President Mahama's portrayal of Ghana’s economic performance, asserting that substantial recovery occurred under the NPP....
