European Central Bank (ECB) News

US Federal Reserve Board building

How will US monetary tightening impact African markets?

The US Federal Reserve is set to tighten its monetary policy for the first time after the 2008 global financial crisis.

Uche Orji, CEO, Nigeria Sovereign Investment Authority

Nigeria's sovereign wealth fund has 'good year' tapping dollar investments: Uche Orji, CEO, Nigeria Sovereign Investment Authority

Nigeria’s $1.55 billion sovereign wealth fund had a “good year” after weighting its investments toward dollar assets, according to Chief Executive Officer Uche Orji.

Kenya and Nigeria in world's top 20 fastest-growing economies in 2015, says Bloomberg

Kenya and Nigeria among world's top 20 fastest-growing economies in 2015, says Bloomberg

Emerging markets in Asia and Africa still reign supreme: They’re at the top of global growth projections over the next two years.

Nigeria Strategy - H1 2015 - ARM (Report)

Nigeria Strategy - H1 2015: ARM (Report)

Global growth softened over H2 2014 as a tepid economic macro-picture across Europe and Japan combined with EM deceleration to offset robust growth in the US. Reflecting the uneven economic pattern across countries, IMF thrice downgraded global growth forecasts over H2 14.

Central Bank of Nigeria (CBN), Abuja

Nigeria's Too Big to Fail Bank Rules Spur Bond Sale Rush

Nigerian lenders are gearing up to sell the most debt in four years to bolster cash reserves, taking advantage of a drop in borrowing costs before the central bank increases how much capital they need to hold.

Christine Lagarde, Managing Director (MD), International Monetary Fund (IMF)

Christine Lagarde Expresses Concern That Africa's Sovereign Debt Is Rising

Some African countries have issued too much debt and possible added monetary stimulus in Europe that may boost demand for emerging-market assets could further increase the burden, the International Monetary Fund said.