Tunisia: UGTT Warns against “Diktat” Financial 2017 Draft
The civil service grouping linked to the powerful Tunisian General Labor Union (UGTT) has signaled its “readiness to begin a general strike in various sectors […]
Finance
Malawi’s President Returns Home after Month-Long Absence
Malawian President Peter Mutharika returned home on Sunday after an unexplained trip to the United States that lasted several weeks, sparking a lot of rumors […]
Ecobank Gets $310 mln Loan from AfDB
The African Development Bank (AFDB) has approved a $310 million trade finance loan for Ecobank Transnational incorporated, parent company of the Ecobank Group, Africanews reported […]
Tanzania Gets $259 mln Funding for Power Grid
The African Development Bank and the Japan International Cooperation Agency have granted $258.82 million to Tanzanian government for a high voltage electricity line to connect […]
Nigeria Forecasts Economy will Shrink 1.3% in 2016
Nigeria’s economy is likely to shrink 1.3 percent in 2016, the Head of the National Bureau of Statistics said on Wednesday. The NBS had predicted […]
Mauritius is SSA’ Most Competitive Economy – WEF
‘The Global Competitiveness Index,’ released this weekend by the World Economic Forum (WEF) shows Mauritius as sub-Saharan Africa’s most competitive economy. According to WEF, the […]
Nigeria is Africa’s Biggest Economy – AfDB Boss
The president of the African Development Bank Group (AfDB), Akinwumi Adesina said Monday during an official visit in Abuja that Nigeria is still Africa’s largest […]
Sudan: WBG Calls for ‘Diversification’ to Revive Ailing Economy
The World Bank Group (WBG) has urged the Sudanese government to accelerate macro-economic reforms and economic diversification including devaluing the Sudanese pound against the dollar, […]
Namibia’s Economic Growth Slowing – IMF
Slow budgetary consolidation efforts by authorities as well as a slowdown in the buildings and public works sector could put the brakes on Namibia’s economy, […]
EU Renews Sanctions on Burundi until Oct. 2017
The European Union (EU) has renewed its restrictive sanctions against Burundi until the end of October 2017, the bloc’s council said in a statement on […]