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, 2026Topic
IMF
Ghana’s Central Bank Lost US$1.7 Billion Buying Gold, the IMF Says
The Ghana gold programme loss reached US$1.7 billion in 2025 on IMF figures. Five opposition MPs have filed a motion...
August 23, 2026
Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day
The Ethiopia birr fell to a record low near 162 per dollar, and the central bank called a US$500m special...
August 20, 2026
Museveni Says Uganda Is Middle-Income, the World Bank Says Not Yet
Uganda middle-income status is disputed. The World Bank's July 2026 classification still lists Uganda as low income, about US$56 short...
August 20, 2026
Zambia Election Result Hands Hichilema a Second Term Outright
Zambia election result: the electoral commission declared Hakainde Hichilema the winner with 2.97 million votes, clearing the runoff threshold outright.
August 18, 2026
US Report Flags Tanzania Fiscal Transparency Gaps Despite Some Progress
The 2026 US Fiscal Transparency Report says Tanzania still fails minimum standards, with no significant progress in 2025, despite earlier...
August 18, 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
Egypt’s US$8bn IMF Programme Ends 15 December
Egypt's US$8 billion IMF programme expires on 15 December 2026 after a seventh review that released about US$1.8 billion.
August 17, 2026
Egypt Growth Outlook Cut to 5 Percent as Inflation Delays Rate Cuts
Egypt growth outlook cut to about 5 percent as stubborn inflation forces the Central Bank of Egypt to delay interest...
August 15, 2026