Money - Markets Reporters

New database, Debtors Africa, launched to expose defaulting debtors

Debtors Africa, a searchable database of recalcitrant and delinquent debtors in Africa, has been launched, alongside a report on the

Nigeria’s foreign exchange reserves have risen by $1.51bn in the last two weeks to hit $35bn. The reserves, which closed

Nigerian manufacturers are struggling to stay in business because a foreign-exchange shortage spawned by the collapse in oil prices means

The Bank of Tanzania has reduced its discount rate for commercial banks from seven percent to five percent, with effect

Investors interested in repatriating their funds from the country are guaranteed to get their money, despite the drop in Nigeria’s

Sterling Bank Plc saw its profit after tax decline to N2.04bn in the first quarter of this year. The lender

Foreign investors are seeking to exit naira assets, with traders putting a backlog of demand for dollars at between $1.5bn

Banks in Nigeria have agreed to suspend the retrenchment of workers in order to mitigate the negative impact of the

South Africa’s Deputy Finance Minister, David Masondo, has urged the central bank to temporarily create money to fund the government

The President of the World Bank Group, David Malpass, has announced the beginning of a debt relief initiative for the