Cheap Oil, Insecurity Slow CEMAC Economic Growth – IMF
Countries of the Central African Economic and Monetary Community (CEMAC) are facing economic turbulence, the IMF said over the weekend following 2-week visit to Libreville […]
Finance
Algeria: We are in Control Despite Low Oil Prices, PM
Prime Minister Abdelmalek Sellal minimized the effects of the low global hydrocarbon prices at the launch of the 17th edition of the International Show of […]
Uranium-Rich Niger’s Economy to Grow by 5.2%
Landlocked Niger’s economy is expected to grow by 5.2 percent this year, the International Monetary Fund said on Tuesday. “The economic perspectives in the medium-term […]
Guinea Bissau: Cabinet Reshuffle in the Air
Guinea-Bissau President José Mario Vaz is planning to reshuffle his cabinet, the west-African nation’s Prime minister said. President Vaz who held discussions with party representatives, […]
Opposition Leader Depicts Gloomy Picture of Ghana’s Economy
By Emmanuel Vitus, Accra Ghanaian opposition leader Nana Akufo-Addo of the New Patriotic Party (NPP) depicted a gloomy picture of the west-African country’s economy, saying […]
Angola Must Combat Money Laundering, CB Governor
Governor of Angola’s central bank, Valter Filipe da Silva, said Angola needs to fight money laundering and financing terrorism by focusing on ethics and morality […]
Kenya’s Economy Grew by 5.6% in 2015
Kenya’s economy grew by 5.6 percent in 2015 up from 5.3 recorded in 2014, the statistics office said on Tuesday. Agriculture, which contributes nearly a […]
Egypt, Bahrain Sign 11 MoUs to Boost Trade
Bahrain and Egypt have signed eleven Memorandums of Understanding in various fields during a joint business forum held in Cairo with both parties hoping to […]
Algeria GDP Growth Stood at 3.9% in 2015
Algeria’s economy grew by 3.9 percent in 2015, up from a 3.8 percent the previous year, the government said on Monday. In 2015, the North […]
Kenya: Parliament to Raise Deposit Guarantee after Bank Closures
Lawmakers in Kenya are considering a proposal to raise the amount of bank deposits guaranteed in case of a collapse by 20 times to $19,800 […]