Vaughn Hillyard 918 posts 0 comments

The Central Bank of Nigeria mandates local storage of payment data by 2027 to enhance oversight and data security in digital payments.

The Central Bank of Kenya licensed 25 new digital lenders, increasing the total number of licensed Digital Credit Providers to 252.

South Africa requested a tariff exemption from the US amid a Section 301 forced labor probe, asserting no evidence of forced labor in its key exports.

Afreximbank plans to double intra-African trade financing to $40 billion by 2026 to support the African Continental Free Trade Area.

Senegal’s Finance Ministry will visit the US to discuss sovereign debt and seek an IMF waiver after revealing $13 billion in undisclosed debt.

Namibia and China signed agreements on infrastructure, mining, and energy to boost Namibia’s industrialization and global integration.

The Central Bank of Nigeria absorbed $772 million in liquidity after repaying Open Market Operation securities to manage currency stability.

Kenya's GDP growth slowed to 4.7% in 2024, the weakest rate since 2013, following a strong rebound in 2023, per the Kenya Economic Survey 2025.

The Central Bank of Nigeria aims to digitize $21bn in diaspora remittances by 2028, boosting formal channels and cutting costs to 5% or less.

Ghana paid a US$709 million Eurobond early on December 30, 2025, as part of its post-restructuring debt management and economic recovery plan.