30-Dec-2014 to 19:16

Malawi SMEs receive US$20,000 loans

APA-Lilongwe (Malawi) — Malawi’s Small and Medium Enterprises Association (SMEA) will soon start disbursing loans to more than 50 small and medium enterprises worth about US$20,000 each for their businesses.

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29-Dec-2014 to 10:09

Malawi: Mutharika optimistic of Kwacha recovery

APA-Lilongwe (Malawi) — Malawi President Peter Mutharika is optimistic that the local currency may start appreciating because of measures the government has put in place.

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25-Dec-2014 to 10:04

Angola to introduce new kwanza coins in 2015

APA-Luanda (Angola) — Angola’s central bank will introduce new 50 and 100 kwanza coins in 2015 to commemorate the country’s 40th independence anniversary, state media reported Thursday.

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22-Dec-2014 to 12:01

Nigerian central bank tasks banks on adequate capital to mitigate risks

APA – Lagos (Nigeria) — Following Nigerian banks’ exposure to the oil and gas sector in the face of tumbling oil prices as well as the risk management deficiencies, the Central Bank of Nigeria (CBN) has directed deposit money banks to ensure that they have sufficient capital buffers to mitigate the escalating risk-taking activities.

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19-Dec-2014 to 10:59

Moz apex bank wary of impact of politics on currency stability

APA-Maputo (Mozambique) — The governor of Mozambique\'s central bank Ernesto Gove has warned politicians and other opinion makers against making careless statements that are damaging sentiment on the country’s currency, state media reported Friday.

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19-Dec-2014 to 10:02

IMF team concludes Malawi consultations

APA-Lilongwe (Malawi) — The International Monetary Fund (IMF) has concluded consultations with Malawian authorities on the fifth and sixth reviews of the Extended Credit Facility (ECF) arrangement with the southern African country.

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18-Dec-2014 to 14:33

Nigeria: $1bn not missing from ECA account - minister

APA – Lagos (Nigeria) — Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has said that no money is missing from the Excess Crude Account (ECA).

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