Updates

Macroeconomic Update: Inflation Report for August 2023

September 18, 2023/Research & Strategy Futureview Financial Services September 18, 2023 In August 2023, the headline inflation rate rose to 25.80%, surpassing the July 2023 rate of 24.08% by an increase of 1.72 percentage points. When viewed on a year-on-year basis, the headline inflation rate for August 2023 was 5.27 […]

Aug-2023 Inflation Note: Headline Inflation printed at 25.80% y/y

September 18, 2023/United Capital Research The Consumer Price Index (CPI) report for August 2023 shows that Nigeria’s headline inflation surged by 172bps to print at 25.80% y/y in Aug-2023 from 24.08% y/y in Jul-2023. On a month-on-month basis, headline inflation accelerated by 29bps to print at 3.18% in Aug-2023 from […]

Mozambique: African Development Fund approves $20 million to improve business environment and drive investments to climate-smart agriculture

This funding is the first of two successive geberal budget support operations for fiscal years 2023 and 2024, each worth about $20 million September 18, 2023/AfDB The Board of Directors of the African Development Fund, the African Development Bank Group’s concessional lending window, has approved a grant of $19.98 million […]