Kenya’s central bank has left its main lending rate unchanged at 8.75 percent, holding off on more hikes even as inflation pushes higher and household budgets feel the strain.
Kenya’s Central Bank has kept its key rate unchanged at 8.75 percent, resisting calls for cheaper credit as inflation edges close to the government’s upper target.
The IMF is pushing South Sudan to freeze non-essential spending and speed up reforms. Sudan’s war is driving up prices and deepening the crisis.
Ethiopia has secured a currency swap agreement with China, enabling trade in Ethiopian Birr and Chinese Yuan as both countries seek to deepen economic ties and address foreign exchange shortages.
Ethiopia's central bank will put 840 million US dollars up for grabs in six foreign exchange auctions during the second quarter of the 2026/27 fiscal year.
Kenya’s central bank left its main interest rate unchanged for the fourth meeting in a row, even as inflation climbed to its highest level since early 2024.
Ethiopia’s central bank is shaking up the foreign exchange market with scheduled USD 125 million auctions. Banks and businesses now get a clearer shot at hard currency.
Emerging-market assets are falling. Investors are reacting to higher oil prices and mixed signals from central banks. Inflation and debt risks are back in focus.
Zambia is moving to restrict the use of the US dollar in domestic transactions, signalling a decisive shift towards local currency and echoing BRICS-led de-dollarisation trends.
Egypt’s net international reserves climbed to $57.35 billion at the end of September 2026. The jump from last year cements the country’s financial buffer.
