Kenya Bank Lending to Companies Grows at Fastest Pace in Years
Kenya's private-sector credit growth hit 10.6 percent in June 2026 as banks cut lending rates and the Central Bank eased...
September 23, 2026Topic
monetary policy
Nigeria’s Business Lending Rate Falls to 29.2 Percent, Lowest in 2026
Nigeria's average maximum lending rate to businesses fell to about 29.2 percent in August 2026, the lowest this year, but...
September 21, 2026
Egypt’s Reserves Passed US$57bn, and Gold Did the Heavy Lifting
Egypt foreign reserves reached a record US$57.214bn in August 2026, but the rise came from gold, as currency holdings fell...
September 8, 2026
The Naira Hits a Two-Year High and Reserves Reach an 18-Year Peak
The naira two-year high of N1,315.67 came as external reserves reached US$53.99bn, an 18-year peak, with record July remittance inflows...
September 4, 2026
Ethiopia’s Currency Auction Went From 28 Bidders to Five in Two Weeks
The Ethiopia forex auction drew 28 banks on 12 August and only five on 26 August, with total bids down...
September 1, 2026
Nigeria’s Central Bank Cut a Rate Its Market Was Pushing Higher
Nigeria treasury bills cleared at 17.15 percent for one year, a 44 basis point cut, after bids of N3.63 trillion...
August 29, 2026
Tunisians Hold More Cash Than the Central Bank’s Net Assets
Tunisia cash in circulation crossed 30.040 billion dinars on 21 August 2026, larger than the central bank's net foreign assets...
August 25, 2026
Nigeria Opens Central Bank Bills to Small Savers
Nigeria's central bank reopened its bill auctions to ordinary savers at about 20%. The Lagos stock market has fallen for...
August 24, 2026
Zimbabwe’s Mining Exports Doubled. Its Reserves Still Cover 1.7 Months of Imports
Zimbabwe mining exports reached US$6.21bn in the first half of 2026, up 121%, but usable reserves of US$1.7bn covered only...
August 21, 2026