CAR Economy to Grow by 5% in 2017
The economic program of war-torn Central African Republic is broadly on track despite the deterioration of the security environment in the country, said the International […]
Finance
Algeria: AfDB Approves €900 Million Loan to Enhance Industrial Competitiveness
Algiers Wednesday saw its SOS message to the African Development Bank (afDB) heeded as the continental financial institution agreed to release €900 million to support […]
Mozambique to Conduct External Audit of Debt
Mozambique Finance Minister Adriano Maleiane on Wednesday said the government of the southern African nation is committed to carrying out an independent international audit to […]
Botswana: GDP Growth Estimated at 4.4% for Next 6 Years
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
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
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
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
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 […]