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Ghana’s central bank is collaborating with local lenders to tackle an alarming rise in bad loans, highlighted by one lender facing an 81% non-performing loans ratio. The industry average stands …
Ghana’s Central Bank Engages Lenders to Address Rising Bad Loans Read More
Burundi’s real GDP growth is projected to decrease slightly from 2.2% in 2024 to 2.1% in 2025, due to muted domestic demand and increased military expenditure. A recovery to 4.5% …
Muted Economic Growth Projected for Burundi in 2025 Due to Domestic Factors Read More
Fitch projects that Kenya’s new Ksh10 billion capital requirement will reduce non-performing loans and support credit growth. Implemented through a phased approach from 2025 to 2029, this regulation requires banks …
Fitch: Kenya’s New $77 Million Capital Rule Aims to Mitigate Bad Loans Read More
Sri Lankan President Anura Kumara Dissanayake will visit China in January to discuss key issues following recent debt restructuring. China’s role as a major creditor and the ongoing economic recovery …
Sri Lanka President Anura Kumara Dissanayake’s Upcoming Visit to China Read More
Sri Lankan President Anura Kumara Dissanayake will visit China in January to discuss the nation’s recovery strategy after recent debt restructuring, following a severe economic crisis in 2022. This visit …
Sri Lankan President Dissanayake Plans Visit to China Amid Economic Recovery Efforts Read More
Fitch Ratings has revised Oman’s outlook to positive, maintaining a BB+ IDR due to fiscal improvements and increased GDP per capita. In contrast, Egypt’s growth outlook has been downgraded to …
Fitch Ratings Reassesses Oman and Egypt’s Economic Outlooks Read More