Angola’s Deficit More Than Quadrupled While Oil Prices Were Rising
The Angola fiscal deficit widened 326% to 3,943.8 billion kwanzas in the first half of 2026, about US$4.3 billion, even...
August 25, 2026Topic
fiscal policy
Kenya’s Cost of Running Government Hits a Record
Kenya spent KSh1.317 trillion, about US$10.2 billion, just running the government last year. The jump was the largest on Treasury...
August 24, 2026
Kenyan Banks Hold US$17 Billion of Their Own Government’s Debt
Kenya banks government debt holdings run to about KSh 2.2 trillion, or US$17 billion, which the World Bank puts at...
August 23, 2026
Kenya Fuel Consumption Defies Steep Price Rises in 2026
Kenya fuel consumption rose 6.94 percent in fiscal 2024/25 despite steep pump prices and IMF-driven subsidy removal, EPRA data show.
August 18, 2026
Kenya Gold Bill Stalls at Committee Stage Since 2025
The National Assembly Gold Processing Bill cleared its second reading in February 2025 and has sat at committee stage ever...
August 17, 2026
Nigeria’s PTAD Pays US$2.8 Million in Pension Arrears to 30,356 Retirees
Nigeria's PTAD has disbursed ₦3.82 billion in backend computation arrears to 30,356 Defined Benefit Scheme pensioners, marking another step in...
August 16, 2026
S&P Affirms Cape Verde Sovereign Rating as Tariff Relief Extended
S&P affirmed the Cape Verde sovereign rating at B+/B with a positive outlook on 7 August 2026, and extended electricity...
August 15, 2026
Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit
Kenya's budget deficit is set to widen to about US$8.9 billion (KSh1.15 trillion) in 2026/27, as weak revenue and heavy...
August 15, 2026
Kenya Moves to Release Mineral Royalty Payouts to 32 Counties
Kenya has moved to release Sh2.9 billion (about US$22.4 million) in mineral royalty payouts held since 2016, with 32 counties...
August 11, 2026