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Suriname’s officials are meeting with the IMF to discuss a new economic program following the expiration of a $688 million agreement. Finance Minister Stanley Raghoebarsing emphasized the need for a …
Suriname Engages IMF on Successor Program Ahead of Elections Read More
Zambia’s foreign-exchange reserves have reached new heights at $4.31 billion; however, the currency struggles due to ongoing drought and increased import demands. The kwacha has depreciated significantly, making it Africa’s …
Zambia’s Record-High Foreign-Exchange Reserves Fail to Stabilize Currency Read More
South Africa’s power-cut losses fell by 83% last year due to supply stabilization, with economic losses from outages decreasing significantly. Eskom’s improved maintenance of coal-fired plants contributed to this decline, …
South Africa’s Power-Cut Losses Plummet 83% as Supply Stabilizes Read More
Nigeria’s annual inflation has decreased for the second consecutive month, falling from 24.5% to 23.2%. This trend leads to speculations that the Central Bank may pause interest rate hikes. With …
Nigerian Inflation Declines Again, Impacting Interest Rate Decisions Read More
Brookfield Asset Management Inc. has filed a US$2.7 billion arbitration case against Peru, alleging illegal expropriation of toll roads it operates in Lima. The dispute has been ongoing, with prior …
Brookfield Initiates US$2.7 Billion Arbitration Against Peru Regarding Toll Roads Read More
Peru has held its key interest rate at 4.75% while monitoring the effects of global trade wars. Policymakers noted local inflation stability but acknowledged rising global economic risks. Peru’s inflation …
Peru Maintains Interest Rates Amid Trade War Uncertainties Read More
Brookfield Asset Management Inc. is pursuing $2.7 billion in arbitration against Peru, alleging unlawful expropriation of toll roads in Lima. The ongoing conflict has seen previous financial disputes, and the …
Brookfield Initiates $2.7 Billion Arbitration Against Peru Over Toll Roads Read More
Microsoft Corporation has announced a US$297 million investment in South Africa to expand its cloud and artificial intelligence capabilities by 2027. This follows a previous investment of 20.4 billion rand …
Microsoft Announces US$297 Million AI Investment in South Africa Read More
Kenya’s inflation reached a five-month high of 3.5% in February, driven mainly by rising food prices. Core inflation remained steady at 2%, suggesting subdued economic demand. The central bank may …
Kenya’s Inflation Rate Rises Amid Increasing Food Prices Read More
The Public Investment Corporation of South Africa views private credit as a vital growth sector in Africa, directing investments away from equities and private equity toward credit options. With significant …
PIC Explores Private Credit Investment Opportunities in Africa Read More