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South Africa’s inflation rate remained at 3.2% in February 2025, below the 4.5% target, with food inflation increasing while transport and personal care saw decreases. Core inflation fell to its …
South Africa’s Inflation Rate Steady at 3.2% in February 2025 Read More
Nigeria is at a pivotal moment in 2025 as economic reforms reshape its financial landscape, highlighted by the recent rebase of the GDP and changes in the inflation rate. The …
Nigeria’s Economic Rebase: Unlocking New Opportunities for Businesses and Consumers in 2025 Read More
Tanzania’s economy is expanding, yet its currency, the shilling, has decreased by 8.9% this year, making it the world’s poorest performer. The decline is attributed to rising imports and increasing …
Challenges Facing the Tanzanian Shilling Amid Economic Growth Read More
Chile’s economy slowed in Q4 2024 yet achieved full-year growth surpassing estimates. GDP rose 0.4% in Q4, annual growth reached 4.0%, exceeding forecasts. The central bank is expected to maintain …
Chile’s Economy Shows Resilience Amid Slowdown in Fourth Quarter Read More
Nigeria is shifting towards digital payments, with a projected 32% decline in cash transactions by 2030, according to the Worldpay Global Payment Report 2024. Enhanced access via smartphones has transformed …
Significant Decline of Cash Payments in Nigeria by 2030 Due to Digital Transactions Read More
In 2024, Sri Lanka’s economy grew by 5.0 percent, marking its first full year of growth since the crisis began in 2022. The previous year’s contraction of 2.3 percent highlights …
Sri Lanka Achieves First Economic Growth Since Crisis in 2024 Read More
The IMF has sanctioned $496 million in funding for Morocco following a successful third review of its Resilience and Sustainability Facility arrangement. This funding aims to support Morocco’s transition to …
IMF Approves $496 Million Funding for Morocco Amid Economic Resilience Read More
The OECD projects a 5.7% GDP growth for Argentina in 2025, signaling recovery after contraction, despite a 28.4% inflation forecast. Economic reforms, sector growth, and a successful debt repayment contribute …
OECD Projects 5.7% GDP Growth for Argentina in 2025 Amid Inflation Concerns Read More
Sudan’s annual inflation soared to 142.34% in February 2025, severely affecting rural areas, which experienced a 155.84% increase in the Consumer Price Index (CPI). Urban inflation was lower at 123.32%. …
Inflation Crisis in Sudan: Rural Areas Most Affected as Prices Soar Read More
Morocco’s central bank has reduced its benchmark interest rate by 25 bps to 2.25%, marking the second consecutive cut. This adjustment aligns with expectations of moderate inflation and aims to …
Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Growth Read More