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Finance

Botswana: GDP Growth Estimated at 4.4% for Next 6 Years

October 27, 2016 Khalid Al Mouahidi 0

Botswana’s National Development Plan presented to Parliament on Wednesday indicated that the southern African nation’s economy will grow by an average of 4.4 percent annually […]

Morocco, 3rd Business-Friendly Country in Africa, Doing Business 2017 Report

October 26, 2016 Pawla Nibramich 0

The World Bank Tuesday hailed Morocco, in its 2017 Doing Business report, for the reforms conducive to investment it initiated, ranking the Kingdom third in […]

Zimbabwe Targets 4.8% GDP Growth in 2017

October 26, 2016 Geraldine Boechat 0

Zimbabwe’s economy is projected to rebound from 1.2 percent growth to 4.8 percent next year, driven by a cocktail of reforms, improved agriculture production and […]

Tunisia: UGTT Warns against “Diktat” Financial 2017 Draft

October 21, 2016 Khalid Al Mouahidi 0

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 […]

Malawi’s President Returns Home after Month-Long Absence

October 17, 2016 Steven Addamah 0

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

October 11, 2016 Geraldine Boechat 0

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

October 10, 2016 Geraldine Boechat 0

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

October 6, 2016 Khalid Al Mouahidi 0

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

October 3, 2016 Geraldine Boechat 0

‘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

September 27, 2016 Khalid Al Mouahidi 0

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 […]

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