Zimbabwe maintains 5% economic growth target for 2026
Zimbabwe remains on track to achieve its 5 per cent economic growth target for 2026, supported by macroeconomic stability, strong mineral exports and improved value […]
Finance
US government finances first private sector project in Moroccan Sahara
The US Trade and Development Agency (USTDA) signed a grant agreement Tuesday with project developer ORNX to finance early engineering studies for a major green […]
AU leaders warn Middle East conflict is fuelling Africa’s economic crisis
African leaders have warned that the renewed conflict in the Middle East is worsening Africa’s economic and security challenges through rising energy costs, supply chain […]
AfDB projects Kenya’s economic growth to slow to 4.6% in 2026
Kenya’s economy is expected to grow by 4.6 per cent in 2026 before improving slightly to 4.7 per cent in 2027, according to the African […]
Ghana: IMF Approves $3 billion ECF Program, Disbursement of about $371 million
The International Monetary Fund (IMF) Executive Board has completed the sixth and final review of Ghana’s $3 billion Extended Credit Facility (ECF) program, and approved […]
Gabon Secures €312m Railway Financing and Manganese Deal During President’s France Visit
Gabonese Brice Clothaire Oligui Nguema has concluded his recent first State visit to France as President-elect, by the signing of agreements aimed at strengthening infrastructure […]
World Bank: Morocco Posts Its Strongest Growth in a Decade
Morocco’s economy is experiencing its “strongest growth” in more than a decade, driven by a sharp rise in infrastructure investment and a rebound in agriculture, […]
South Africa maintains interest rate at 7% despite rising inflation
The South African Reserve Bank (SARB) has maintained on July 23 its benchmark repo rate at 7 per cent, despite inflation rising to 5 per […]
South Sudan, IFAD Launch $41.8m Program to Boost Food Security and Rural Livelihoods
The Government of South Sudan and the International Fund for Agricultural Development (IFAD) have launched a $41.8 million agricultural program aimed at improving food security […]
South Africa obtains $1.5bn World Bank loan to strengthen infrastructure
South Africa has secured a $1.5 billion Development Policy Loan from the World Bank to support reforms in the water and sanitation, freight transport and […]