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 […]
Finance
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 […]
Niger: Donors Pledge $23 billion to Support Socio-economic Development Program
Niger has succeeded in mobilizing several billions to finance its economic and social economic plan after donors pledged $23 billion, a sum over exceeding the […]
IMF chief Lagarde visits Benin, forecasts 6% growth in 2018
Managing Director of the International Monetary Fund, Christine Lagarde, has started an African tour in Benin on Monday. Lagarde who spoke in a joint press […]
World Bank downgrades Kenya growth forecast
The World Bank on Wednesday said it has slashed 2017 growth forecast for Kenya’s economy to 4.9 percent due to drought, sluggish credit growth and […]
Mozambique to save $120m from gov’t officials in 2018
Mozambican government will slash benefits for some top officials of the government to save a total of $120m next year, Finance Minister Adriano Malaeiana said. […]
Ghana’s 2018 Budget, Economic Policy to focus on Macroeconomic
Ghana’s 2018 Budget and Economic Policy is expected to focus on ensuring macroeconomic stability, transforming agriculture and industry, the west African nation’s Finance Minister Ken […]
Kenya: gov’t, banks agree to convert Kenya Airways’ debt to equity
The Kenyan government has agreed with local lenders to convert more than $400 million of Kenya Airways’ debt into equity, increasing the government stake to […]
IMF Greenlights Disbursment of $2 Bln to Egypt
After a review of Egypt’s economic reforms, the IMF said it has agreed to the disbursement of a $2bn loan –part of the $12bn extended […]
Burkina Faso gets $70 million loan from BOAD
The West African Development Bank (BOAD) has granted a $70 million loan to Burkina Faso to support three priority projects of the West African nation’s […]