For African countries, a persistently weak currency can be more than a nuisance. It can be a serious obstacle to growth, ...

Kenya is set to overtake Ethiopia as East Africa’s largest economy in 2025, according to new projections from the International Monetary Fund (IMF).The shift comes in the wake of a sharp devaluation ...

Inflation has been a major headache for Ethiopia, running at about 30% for three consecutive years, though in March it had ...

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The Ugandan shilling held its levels against the dollar on Thursday, supported by hard currency inflows from aid agencies, traders said.