West African States
Behind the scenes of the Bundesbank’s capacity-building programme
A multi-year effort has helped shore up expertise at West Balkan central banks. Will African and former-CIS institutions be equally responsive to Eurosystem technical assistance?
Angola’s central bank sells $105m of FX to airlines
Bulk of sales took place in April and coincided with soaring jet fuel prices
CBN governor calls on EBRD to act locally in Nigeria
Cardoso points to alignment of interests between private sector and country’s subnational authorities
Central Bank of West African States eases policy by 25bp
BCEAO says negative inflation prompted decision, but expects prices to rise in 2026
Bank of Ghana slashes rates by 250bp
Institution says fiscal consolidation and plummeting inflation justified additional easing
Nigeria and Waemu brace themselves for T+2
Former head of West Africa Monetary Institute believes change will boost cross-border payments
Nigeria lowers rates after three-year hiking cycle
Central bank says disinflation gives it room for cuts to support economic recovery
Bank of Ghana makes higher-than-expected rate cut
Central bank strikes bullish tone over prospects for economic growth and reduction in inflation
Bank of Ghana needs recapitalisation – study
Economist says measure could be funded through natural resources and remittance payments
BCEAO raises rates 25 basis points amid inflation worries
Move is sixth hike in seven quarters, taking policy rate to 3.5%
Niger junta arrests, then releases, central bank official
Regional central bank had imposed sanctions on Niger after July coup
West African central bank raises rates as crises continue
Authorities cite “rising uncertainties at regional level” and reduced aid after wave of coups
Reports of cash restrictions in Niger
West African central bank froze relations and closed local offices after July 26 coup
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
West African central bank freezes Niger’s accounts
BCEAO cancels bond issue after military detains elected president
Rates round-up: Australia signals more tightening to come
Guatemala and West African states increase rates, while Jamaica raises reserve requirement
Armenia, Mauritius and West African states raise rates
Bank of Mauritius will move to new monetary policy framework in January
West Africa central bank orders second rate rise of 2022
MPC says drought, unrest and global commodities shocks are driving up inflation
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
People: April to June 2022
A round-up of central bankers in the news and on the move during the past three months
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more