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23/02 Mauritius’ trade deficit widened 25.2 percent to 9.95 billion Mauritius rupees ($302 million) in December from the same period a year earlier, due to higher imports of mineral fuels and lubricants, the statistics office said on Friday.  Full story
22/02 Kenya shook off a downgrade and the loss of access to an IMF standby credit facility to raise a $2 billion dollar bond at competitive yields, but market participants said on Thursday it still needs a credible plan to tackle its fiscal deficit.  Full story
22/02 Zambia's annual inflation rate slowed to 6.1 percent in February from 6.2 percent a month earlier, official data showed on Thursday.  Full story
21/02 Kenya began a dollar bond sale on Wednesday that analysts said could reach $3 billion, hours after the International Monetary Fund said the country cannot currently access its $1.5 bln standby credit facility because conditions have not been met.  Full story
23/02 Kenya Power posted a 19 percent drop in first-half pretax profit, mainly due to sluggish economic growth and higher financing costs.. . .  Full story
21/02 Zambia's central bank cut its benchmark lending rate by 50 basis points to 9.75 percent on Wednesday, citing lower consumer inflation and weaker economic growth.. . .  Full story
21/02 Governments across sub-Saharan Africa are hitting international debt markets hard and fast to try to beat rising borrowing costs, pushing the region's debt levels to new highs.. . .  Full story
21/02 Nigeria's state oil firm said on Tuesday it had spent $5.8 billion on fuel imports since late 2017, as it combats a fuel shortage that has left people queuing for hours. . .  Full story
21/02 Kenya's $1.5 bln standby credit facility remains in place until the end of March 2018, but the country cannot access it because conditions have not been met, the International Monetary Fund. . .  Full story
20/02 The International Monetary Fund said it stopped Kenya's access to a $1.5 billion standby credit facility last June after failing to agree with the government on a reduction of the fiscal deficit.. . .  Full story
20/02 Nigerian mid-sized lenders fell for a second day on Tuesday, reflecting investor concern about the central bank's policy to restrict dividends for banks that breach its non-performing loan limit.. . .  Full story
19/02 State-run Kenya Electricity Generating Company (KenGen) plans to add 1,745 megawatts (MW) of electricity from geothermal sources by 2025, part of a government push to end power generation from fossil fuels.. . .  Full story
17/02 Zambia will rearrange loans from Chinese companies and instead look to borrow directly from the Asian giant's government in a bid to satisfy International Monetary Fund conditions and unlock a potential. . .  Full story
16/02 Malawi aims to cut government borrowing and stick to an International Monetary Fund programme in order to boost the economic growth rate to 7 percent in the medium term, the finance. . .  Full story
16/02 The International Monetary Fund has rejected Zambia's latest borrowing plans, saying they risk making it harder for the country to sustain its debt load, the IMF said on Friday.. . .  Full story
16/02 The World Bank has approved a $486 million credit facility to Nigeria for electricity grid improvements, the lender said on Friday.. . .  Full story
15/02 Zimbabwe's consumer price inflation quickened to 3.52 percent year-on-year in January from 3.46 percent in December, data from the national statistics agency showed on Thursday.. . .  Full story
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15/02 Kenya has questioned a decision by credit ratings agency Moody's to downgrade the East African country's debt at a time when senior officials are travelling abroad to market new dollar bonds.. . .  Full story
15/02 Namibia's consumer inflation slowed to 3.6 percent year-on-year in January from 5.2 percent in December, the statistics office said on Thursday.. . .  Full story
15/02 Liberia's new President George Weah has ordered a review of concessions entered into by previous administrations, the presidency said in a statement on Wednesday.. . .  Full story
14/02 Tunisia's central bank governor, Chedli Ayari, said on state television on Wednesday that he has officially resigned.. . .  Full story
14/02 Zambian president Edgar Lungu appointed new finance and mining ministers in a reshuffle on Wednesday.. . .  Full story
14/02 Angolan lawmakers on Wednesday approved a 9.6 trillion kwanza ($45.69 billion) state budget for this year forecasting 4.9 percent economic growth, well beyond the 1.6 percent expected by the International. . .  Full story
14/02 Angola's inflation slowed to 22.72 percent year-on-year in January compared with 23.67 percent in December, data on the national statistics agency's website showed on Wednesday.. . .  Full story
14/02 Namibia's central bank left its benchmark lending rate unchanged at 6.75 percent on Wednesday, saying the level was appropriate to support economic growth.. . .  Full story
14/02 Annual inflation in Nigeria slowed for the 12th month in a row in January to 15.13 percent, compared with 15.37 percent in December, the National Bureau of Statistics (NBS) said on. . .  Full story
14/02 Kenya's economy is likely to grow 5.8 percent this year, recovering from drought and political uncertainty that pushed growth down to an estimated 4.8 percent in 2017, the finance ministry said.. . .  Full story
14/02 The maximum price of Kenya's benchmark grade AA coffee rose at this week's auction compared with last week's sale, the Nairobi Coffee Exchange (NCE) said.. . .  Full story
13/02 Uganda's central bank cut its benchmark lending rate to 9.0 percent from 9.5 percent, its governor said on Tuesday, adding loans for small businesses were still highly priced.. . .  Full story
13/02 Botswana's central bank left its benchmark lending rate unchanged at 5 percent on Tuesday, saying the outlook for price stability was positive.. . .  Full story
13/02 Guinea's government said on Monday it would seek out anyone inciting ethnic violence after at least seven people were killed in post-election clashes.. . .  Full story
12/02 The Nigerian bourse has approved the voluntary delisting of Seven-Up Bottling Co after it received a takeover bid from its majority shareholder aimed at restructuring the soft drinks bottler.. . .  Full story
09/02 Namibia's economic growth is expected to accelerate to 2.2 percent this year from an estimated 1.6 percent growth in 2016, supported by higher commodity prices, Finance Minister Calle Schlettwein said on. . .  Full story
09/02 A proposed $2.5 billion Eurobond to refinance some of Nigeria's treasury bill portfolio will not increase its overall debt stock but will help lower cost, the Debt Management Office (DMO) said. . .  Full story
09/02 Angolan legislation on exploration and production rights for natural gas is "in its final stages," the president's oil secretary, Paulino Jeronimo, said on Friday.. . .  Full story


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