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  • 00:56 Nigeria's Inflation Climbs To 3 Year High On Food Prices

    Nigeria's Inflation Climbs To 3 Year High On Food Prices

    by Headlines Africa Added 118 Views / 0 Likes

    Nigeria's inflation rate accelerated to a three-year high in December, increasing by 9.6 percent on an annualized basis, compared with 9.4 percent in November. The country's statistics office said food prices rose in Africa's biggest economy and oil produ

  • 00:39 Inflation In Nigeria Climbs To 12.8% On Tougher Economy

    Inflation In Nigeria Climbs To 12.8% On Tougher Economy

    by Headlines Africa Added 100 Views / 0 Likes

    Nigeria's March inflation rate climbed to 12.8%, the highest in almost four years. The sharp rise is attributed to a collapse in crude prices, which has slashed government revenues, weakened the currency and slowed growth. The country's statistics bureau

  • 01:48 Retail Prices Soar As Inflation Spikes In South Sudan

    Retail Prices Soar As Inflation Spikes In South Sudan

    by Headlines Africa Added 165 Views / 0 Likes

    As residents of South Sudan's capital Juba slowly begin to return to their homes, they are forced to contend with hunger amid high inflation escalated by the recent fight. [Retailers say prices have doubled since the clashes began last week. CCTV's Patric

  • 01:51 Sudan Raises Fuel And Electricity Prices

    Sudan Raises Fuel And Electricity Prices

    by Headlines Africa Added 154 Views / 0 Likes

    In Sudan, the government has scrapped fuel subsidies and increased electricity prices in a bid to stop the surge in inflation and control the fall of the Sudanese pound. The move is part of a series of austerity measures to reduce the trade deficit follow

  • 01:10 Egypt Negotiates With European Countries To Obtain $868.5m

    Egypt Negotiates With European Countries To Obtain $868.5m

    by Headlines Africa Added 145 Views / 0 Likes

    Egypt is negotiating with a number of European countries to obtain over 800 million dollars. The money will be in the form of grants and loans to go into financing developmental projects and supporting the country's budget. Yasser Hakim with more from Cai

  • 01:38 Nigeria's Inflation Rises From 9% To 18% In 12 Months

    Nigeria's Inflation Rises From 9% To 18% In 12 Months

    by Headlines Africa Added 147 Views / 0 Likes

    Nigeria's National Bureau of Statistics indicates that the cost of living in the country rose to an 11 year high last month. Inflation was pegged at 18 percent at the end of October compared to 9 percent at the same time last year. Sophia Adengo looks at

  • 01:00 General Prices Of Goods And Services In South Sudan Rise 835.7%

    General Prices Of Goods And Services In South Sudan Rise 835.7%

    by Headlines Africa Added 152 Views / 0 Likes

    South Sudan's inflation raced to a whopping 835.7 percent in the year to October from 682.1 percent in September. The rate has been driven by rising prices of food and non-alcoholic drinks as the economy of the five-year-old nation continues to reel from

  • 05:39 Fitch Agency Changes South Africa's Outlook From Stable To Negative

    Fitch Agency Changes South Africa's Outlook From Stable To Negative

    by Headlines Africa Added 145 Views / 0 Likes

    Ratings agency Fitch has affirmed South Africa's investment grade credit rating at one notch above sub-investment but changed the outlook to negative from stable. Fitch said in a statement that the economy of Africa's most industrialized country may have

  • 03:40 Price Of Basic Commodities In Burundi Doubles In 8 Months

    Price Of Basic Commodities In Burundi Doubles In 8 Months

    by Headlines Africa Added 119 Views / 0 Likes

    It has not been easy for the average Burundian because of political tensions which began in April 2015 after President Pierre Nkurunziza opted to run for a third term. While the the country is experiencing relative peace and stability, the cost of living

  • 02:25 South Africa: Consumer Inflation Breaching Reserve Bank's 3-6% Target

    South Africa: Consumer Inflation Breaching Reserve Bank's 3-6% Target

    by Headlines Africa Added 132 Views / 0 Likes

    The South African rand has firmed to a near two month high following the Reserve Bank's decision to keep rates on hold. The Central bank held its Monetary Policy Meeting this week citing a number of concerns and risks to the country's inflation rate, whic

  • 00:53 Price Of Basic Goods In Egypt Go Up By 20% At Government Outlets

    Price Of Basic Goods In Egypt Go Up By 20% At Government Outlets

    by Headlines Africa Added 143 Views / 0 Likes

    The price of sugar in Egypt has risen by 14% and cooking oil by 20% at government outlets. Cooking oil will rise to 60 cents for an 800ml bottle, up from 50 cents. Sugar prices will rise to eight Egyptian pounds per kilogram from 7, Egyptian Pounds. The N

  • 07:55 Egypt's Gov't Increases Prices Of Basic Goods In Its Subsidized Outlets

    Egypt's Gov't Increases Prices Of Basic Goods In Its Subsidized Outlets

    by Headlines Africa Added 148 Views / 0 Likes

    Egypt's decision to increase the prices of basic goods in subsidized outlets across the country has been met with anger and frustration. Starting this Wednesday, the price of sugar and cooking oil is up by 14 percent and 20 percent respectively at governm

  • 02:13 Nigerian Inflation Rate Said To Be At 18%

    Nigerian Inflation Rate Said To Be At 18%

    by Headlines Africa Added 136 Views / 0 Likes

    Nigeria's lawmakers are addressing a significant hike in food prices due to inflation- which according to the countries statistics body, is now at 18%. Even though agriculture is a significant contributor to the country's revenue, food shortfalls persist.

  • 02:58 Egypt's Inflation Peaks At 30%, Attributed To Floatation Of Pound

    Egypt's Inflation Peaks At 30%, Attributed To Floatation Of Pound

    by Headlines Africa Added 157 Views / 0 Likes

    The level of inflation in Egypt has peaked at 30% according to the National research and statistics body and the Central Bank. Most of it has been attributed to the recent floatation of the Egyptian pound. Adel EL Mahrouky has been assessing the impact on

  • 03:07 Ethiopia Inflation Rises To 7%, 5.6 Million People In Need Of Food Aid

    Ethiopia Inflation Rises To 7%, 5.6 Million People In Need Of Food Aid

    by Headlines Africa Added 133 Views / 0 Likes

    Ethiopia's inflation has risen to 7% putting pressure on the masses who now have to put up with increased commodity prices. Like other countries in the region, drought has depressed food production, leaving 5.6 million of people in need of food aid accord

  • 05:48 Egypt's Consumer Price Inflation Hits Three Decade High At 30.2%

    Egypt's Consumer Price Inflation Hits Three Decade High At 30.2%

    by Headlines Africa Added 149 Views / 0 Likes

    Annual urban consumer price inflation in Egypt has soared to its highest level in more than three decades, hitting 30.2 percent in February. This is the 4th consecutive jump since the central bank abandoned its currency peg to the U.S. dollar in early Nov

  • 02:28 Nigeria’s Inflation Eases For First Time In 15 Months

    Nigeria’s Inflation Eases For First Time In 15 Months

    by Headlines Africa Added 136 Views / 0 Likes

    Nigeria's National Bureau of Statistics has reported that inflation in the country eased for the first time in fifteen months. The office says it fell to 17.78 in February from 18.72 in January, as the cost of items other than food came down. Is this a bl

  • 03:40 Rising Inflation Across The Continent Takes A Toll On Food Prices

    Rising Inflation Across The Continent Takes A Toll On Food Prices

    by Headlines Africa Added 132 Views / 0 Likes

    Eating is becoming increasingly expensive in Africa.... As inflation rises across the continent, and drought hits several countries, people have to work for a lot longer to be able to afford a basic meal, let alone something in a fancy restaurant. We take

  • 02:17 Ghana Economy: Inflation Is At Its Lowest In 4 Years

    Ghana Economy: Inflation Is At Its Lowest In 4 Years

    by Headlines Africa Added 17 Views / 0 Likes

    Ghana's economy is showing some green shoots of recovery. According to the Bank of Ghana, inflation is at its lowest rate in 4 years. That's in part due to a stabilizing local currency against the U.S. dollar which has made imports less expensive. Citizen