(Bloomberg) -- Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other currencies, according to the country’s central bank governor.

“We understand that many countries, including Nigeria, face pressing spending needs. “But spending must be done wisely, which ...

Mohammed Manga,Director, Information and Public Relations in a statement on Thursday quoted Edun as saying with a 3.8% growth ...

Ghana’s strong economic progress under the government’s stabilisation programme earned high praise from international investors during a high-level engagement in Washington, D.C., led by the Minister ...

The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the crisis-hit country, the country's finance ministry said.Lebanon has faced major electricity ...

"For oil producers like Nigeria, falling oil prices create additional pressure on their budgets. On the other hand, for the oil importers, this is a breath of fresh air," Ms Georgieva said.On Thursday ...

After global panic over the president’s trade proposals, Treasury Secretary Scott Bessent is downplaying his boss’s bluster.

For the latest episode of our podcast series, David Ainsworth sits down with Adva Saldinger and Jesse Chase-Lubitz to discuss ...

The World Bank has forecasted a bleak outlook for Nigeria, indicating that a greater number of Nigerians will fall into ...

Bangladesh is about to get $4.7 billion from the IMF, among which $2.31 billion has already been disbursed, and $2.39 billion is still pending ...

The US State Department, in a wide-ranging political re-structuring of its policies, will eliminate 132 domestic offices, lay ...

"Against this backdrop, the World Bank could take a more active role in revitalizing global trade dynamics," Russian Deputy Prime Minister Alexey Overchuk said ...