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Breaking News
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banking

National Bank of Egypt to open its first branch in South Sudan on June 28

June 28, 2022

The National Bank of Egypt (NBE) will be opening its first branch in Juba, South Sudan with a capital of $30m this Tuesday. Vice Chairperson of the...... Continue Reading >

Zimbabwe hikes interest rate by 200 percent to combat surging inflation

June 28, 2022

The Reserve Bank of Zimbabwe (RBZ) on Monday announced an increase in the country’s interest rate from 80 percent to 200 percent from July...... Continue Reading >

World Bank approves $2.3bln plan for East, Southern Africa to tackle food insecurity

June 23, 2022

NAIROBI - The World Bank said on Wednesday it had approved a $2.3 billion programme for Eastern and Southern African countries to help them tackle...... Continue Reading >

$291.8mln injected to develop, digitize Afreximbank: Finance Minister

June 20, 2022

Mohamed Maait, Minister of Finance and Chairperson of the General Assembly of the African Export-Import Bank (Afreximbank), said that the bank achieved...... Continue Reading >

Central bank to inject more money to stabilize economy

June 13, 2022

South Sudan’s Central Bank said Friday it will inject 8 million US dollars, an increase from the previous 5 million US dollars, into the country’s...... Continue Reading >

World Bank to fund $900mln development projects in east Congo

June 11, 2022

KINSHASA - The World Bank and Congo have signed two funding conventions of$900 million to boost female entrepreneurship and access to water and electricity...... Continue Reading >

World Bank approves $145 million for urban improvement in Ghana

June 10, 2022

The World Bank Group has approved 145 million U.S. dollars to support Ghana’s urban infrastructure improvement program. This credit facility...... Continue Reading >

Tanzania to spend $3b to service debts: Finance minister

June 8, 2022

The Tanzanian government is planning to spend Tsh9.09 trillion ($3.9 billion) on debt servicing during the financial year 2022/23, Finance and Planning...... Continue Reading >

Nigerian lender to acquire majority stake in Kenya's Sidian Bank

June 8, 2022

Nigeria’s top lender, Access Bank, will acquire majority stake in Sidian Bank from Centum Investments for Ksh4.3 billion ($36.8 million), two...... Continue Reading >

New 1000 Sudanese Pound banknote amidst rising inflation

June 8, 2022

The Central Bank of Sudan (CBoS) announced yesterday that it will be issuing a new note of SDG 1,000. The new note comes amidst rising inflation...... Continue Reading >

Top News

December 19, 2021
Health official: Sudanese citizens fund 79% of Ministry’s activities
December 16, 2021
Sudanese company arrives Wau to rehabilitate railway line
December 12, 2021
400 youths join vocational skills training program in Khartoum
October 13, 2021
Finance Ministry issues new decisions on expatriate cars
October 11, 2021
Sudan launches massive livestock vaccination campaign


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