Côte d’Ivoire Becomes World’s Cashew Nuts Top Producer
Côte d’Ivoire, the world’s biggest cocoa exporter, has emerged as the world’s biggest exporter of cashew nuts. According to a report by the BBC, Côte […]
Finance
Kenya: Central bank reduces lending rate
Kenya’s central bank on Tuesday lowered its benchmark lending rate by 100 basis points to 10.5 per cent citing a fall in the country’s overall […]
IMF Paints Gloomy Picture For Algerian Economy
The economic outlook in Algeria has deteriorated since 2014 due to the fall in oil prices, affecting fiscal and external balances, says the International monetary […]
Ghana’s Growth Perspective Positive – Central bank
The central Bank of Ghana on Tuesday said the west-African nation’s growth outlook is broadly positive. Ghana’s economy expanded 3.9 percent last year, about the […]
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 […]
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 […]