China tops Kenya’s international lenders – Treasury
China has invested Sh520 billion ($5,202.37 million) in Kenya in 2017, making Beijing the top partner that advanced bilateral loans to the East African nation, […]
Finance
Ghana has ‘no reason’ to return to IMF – President Nana Akufo-Addo
Ghana’s President Nana Akufo-Addo said in his annual state of the nation speech on Thursday that his government had buckled down on mismanagement and will […]
Morocco secures $2 billion funding from AfDB
The African Development Bank’s (AfDB) vice president, Khaled Sherif, last weekend said Morocco will benefit from a $2 billion financing from the Bank over the […]
AU Members divided over Kaberuka tax
The 30th Summit of the African Union held in Addis Ababa January 28 and 29 did not settle the African Union’s financing solutions. The “Kaberuka […]
Ghana’s economy back on track – President
President Akufo-Addo of Ghana on Wednesday said he spent the past year stabilizing the economy, including clearing huge debt deals signed by his predecessor. The […]
Gambia to change currency with Jammeh’s head
Gambia’s Central Bank will phase out local currency – the dalasi – which has the head of former President Yahya Jammeh as of February, Africa […]
Algeria Bans Imports of 900 Products to Curb Spending
Algeria continues to implement time buying measures to compensate for falling oil revenues. The country has banned imports of a list of nearly 900 products […]
Oil-dependent Gabon economy grew 0.8% in 2017 – IMF
The International Monetary Fund on Thursday downgraded Gabon’s economy growth forecast of 2017 form 1 percent to 0.8 percent. The international lender expects growth to […]
Morocco Receives $200 Mln WB Loan to Boost Agri-business Sector
The World Bank has lent Morocco $200 million to help the North African Kingdom strengthen its agricultural value chains for greater inclusion of small and […]
Senegal: IMF forecasts stronger growth for third year in a row
Senegal’s GDP growth is expected to exceed 6 percent in 2017, mainly driven by services, tourism and agriculture, the International Monetary Fund said in a […]