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    15-Dec-2014 to 10:01

    Mozambique apex bank leaves benchmark rates unchanged

    APA-Maputo (Mozambique) — Mozambique\'s central bank has left its key lending rate unchanged at 7.5 percent, saying Monday that inflation remained on a path consistent with targets set for 2014.

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    12-Dec-2014 to 10:50

    Malawi ministers reject hefty pay rise

    APA-Lilongwe (Malawi) — Malawi’s Minister of Finance Goodall Gondwe said that his cabinet colleagues have rejected the new salary increment which was pegged at 168 percent in a move meant to spare the country more spending amidst an ailing economy.

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    12-Dec-2014 to 09:54

    Mozambique apex bank calls for better interest rates from banks

    APA-Maputo (Mozambique) — Mozambique\'s central bank has asked four banks operating in the country to offer more affordable interest rates on lending to small and medium enterprises, state media reported Friday.

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    08-Dec-2014 to 12:29

    Egypt\'s net international reserves down to US$15.9bn in November

    APA- Cairo (Egypt) — Egypt\'s net international reserves inched down to US$15.88 billion at the end of November from US$16.90 billion in October, the Central Bank of Egypt announced on Sunday.

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    06-Dec-2014 to 11:36

    Ecobank Transnational appoints new directors

    APA – Lagos (Nigeria) — Ecobank Transnational Incorporated (ETI) has announced the appointment of four Non-Executive Directors on its 15-member board, and the retirement of one non-executive director.

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    04-Dec-2014 to 13:32

    Nigeria’s Bank of Industry set to inject funds into manufacturing sector

    APA – Lagos (Nigeria) — Nigeria’s Bank of Industry (BoI) says it is ready to inject more funds to boost the manufacturing since it is fully convinced about the feasibility of automobile manufacturing in Nigeria.

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    03-Dec-2014 to 20:05

    ECOWAS member states urged to pay up financial contributions

    APA – Lagos (Nigeria) — The President of the ECOWAS Commission, Mr. Kadré Désiré Ouédraogo, has appealed to Member States to pay their Community Levy to facilitate the smooth running of the organisation.

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