Day: March 27, 2025

Brazil

Brazil’s Central Bank has warned that the recent depreciation of the real against the dollar may drive up industrial prices in the coming months, while

South Africa

South Africa unveiled a USD 3 bln plan to improve services and infrastructure in major cities, including Johannesburg, Durban, and Cape Town. Funded by a

Nigeria

Nigeria is launching a 1 tln-naira fund to provide mortgages, targeting the large segment of the population that does not own homes. The government has

Mozambique

Mozambique’s central bank has reduced its benchmark interest rate to 11.75% from 12.25%, continuing its longest easing cycle since 2017. This comes amid slight inflation

Morocco

Morocco is issuing its first euro-denominated bonds in five years, raising EUR 2 bln through four- and 10-year notes. The bond sale is part of

Cote d’Ivoire

Ivory Coast’s USD 1.75 bln Eurobond saw demand more than double, with an order book surpassing USD 4.1 bln. The notes, yielding 8.45%, are the

Angola

Angolan authorities confirmed that recent fuel price hikes won’t affect taxi fares, following a government decision to raise diesel prices by 50% earlier this week.

Tajikistan

Inflation in Tajikistan stayed at 3.6% in February, the same level as the two previous months, and within the central bank medium term target range

Moldova

The Moldovan government noted that economic growth could accelerate to 5.3% by 2028, if the reform program backed by EUR 1.9 bln of EU funding

Russia

Georgian lawmakers, led by the ruling Georgian Dream party, have launched an inquiry into the Russia-Georgia war in 2008, as part of an investigation into

Armenia

Armenia’s parliament has passed a bill that calls on the government to initiate the process of EU accession. PM Pashinyan backed the bill, but called

Albania

Albania’s central bank kept the benchmark interest rate at 2.75% on Wednesday, saying that the economic outlook continues to be positive, while inflation remains contained.

Vietnam

Vietnam approved SpaceX’s Starlink satellite internet services for a 5-year pilot period, with a maximum of 600,000 subscribers. This move allows SpaceX to invest in

China

China raised a net 1.45 tln yuan via sovereign bonds in the first quarter of this year, three times the amount raised in the same