Cairo – The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 80 billion through two ...

The visit came after a blaze late on Monday at the central Cairo building killed four workers and injured at least 22 others, triggering a nationwide disruption of critical services and a sweeping res ...

Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the ...

CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...

The world’s leading central bankers gather today for a panel discussion in Sintra, Portugal. ECB President Christine Lagarde ...

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...