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Finance

Algeria: Bouteflika Reshuffles Cabinet to Revamp Ailing Economy

June 13, 2016 Geraldine Boechat 0

Algerian President Abdelaziz Bouteflika this weekend conducted a cabinet reshuffle by changing six portfolios, including finance and energy ministers. It is the fifth reshuffle under […]

Botswana’s Economy to Return to Growth in 2016 – CB

May 30, 2016 Khalid Al Mouahidi 0

Botswana’s economy will return to growth this year as water and electricity supply stabilizes, the central bank said on Monday. Consumer prices in the southern […]

Nigeria: President Buhari Calls for Economy Restructuring

May 26, 2016 Khalid Al Mouahidi 0

The Nigerian President Muhammadu Buhari on Wednesday said there was no better time to diversify the West African nation’s economy than now. The Nigerian leader […]

Côte d’Ivoire Becomes World’s Cashew Nuts Top Producer

May 25, 2016 Steven Addamah 0

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 […]

Kenya: Central bank reduces lending rate

May 24, 2016 Steven Addamah 0

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

May 21, 2016 Khalid Al Mouahidi 0

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

May 18, 2016 Khalid Al Mouahidi 0

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

May 16, 2016 Khalid Al Mouahidi 0

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

May 16, 2016 Khalid Al Mouahidi 0

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%

May 11, 2016 Geraldine Boechat 0

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 […]

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