South Africa's inflation rate was steady in May, staying below the central bank's 3% to 6% target range as it pushes for the ...

Former Brazilian President Dilma Rousseff is nearing the end of her first term as head of the New Development Bank (NDB), ...

South Africa's headline inflation rate remained at 2.8% year on year in May, unchanged from the previous month as expected by ...

PRETORIA, May 29 (Reuters) – South Africa’s central bank cut its main interest rate by 25 basis points to 7.25% on Thursday, after inflation came in below its target range for a second ...

The African Development Bank is meeting in Ivory Coast this week to pick a new president at a time when the continent's biggest multilateral lender faces unprecedented challenges from funding cuts ...

Middle East is causing a surge in oil prices, which may lead the South African Reserve Bank to reconsider its interest rate ...

Afreximbank president and board chair, Prof Benedict Oramah, said the meetings come at a critical time as Africa navigates ...

Bulgarian real estate investment and asset management firm Lion's Head Investments has received a construction permit for its ...

South Africa’s inflation-targeting regime is formally structured as a range of 3.0% to 6.0%, jointly articulated by the South African Reserve Bank (SARB) and the National Treasury. Although never ...

On the continent, pan-African bank Afreximbank launched its Creative Africa Nexus program in 2020, with a budget that has quadrupled since its inception to now reach $2 billion (€1.77 billion).

It is South Africa’s political-economic structure, its ‘relations of power’, that need transformation, if the objective is to reverse our shameful poverty, unemployment and inequality. This ...

At the AfDB, the elections are conducted using an electronic voting system or physical paper ballots, in accordance with the Election Rules ...