Senegal adopts $6.7 billion finance bill for 2018
The Senegalese government has adopted the Finance Bill for 2018 with a budget of 3,709.10 billion CFA francs ($6.7 billion), about 10.4% increase compared to […]
Finance
Sub-Saharan Africa to record slow growth – WB’s Africa Pulse report
Sub-Saharan Africa’s economy is growing more slowly this year than expected, the World Bank said on Wednesday. According to the Bretton Wood institution’s Africa Pulse […]
Senegal: National revenue records a surplus of 560 billion CFA
Senegal’s economy has recorded a revenue surplus of over 560 billion CFA, data from the West African nation’s office of economic planning, policies and finance […]
BCEAO projects WAEMU economy to grow 6.9% in 2017
The growth rate of the West African Economic and Monetary Union (WAEMU, or UEMOA as it is known by its French acronym) is expected to […]
Tanzania’s first quarter growth slows to 5.7 %
Tanzania’s economic growth slowed to 5.7 percent in the first quarter of this year from 6.8 percent previously, the statistics office of the East African […]
African Development Bank outlook stable – Fitch Affirms
Fitch Ratings has confirmed the African Development Bank’s (AfDB’s) Issuer Default Rating (IDR) rating, keeping it at “AAA” with a stable outlook. AfDB enjoys strong […]
Benin: China offers $89m to improve drinking water supply
The Chinese government has granted $89 million to the government of Benin for the supply of drinking water in the central region of the country, […]
WB loans to Guinea to amount to $574 Million in 2017
World Bank Vice-President for Africa Makhtar Diop, who has just paid a visit to Conakry July 15-17, confirmed that Guinea will receive $574 million loan […]
Morocco’s BCP Group Teams up with IFC to Boost Economic Development in Sub-Saharan Africa
Morocco’s Banque centrale populaire group (BCP) and the International Finance Corporation (IFC) signed in Casablanca, last week, a Memorandum of Understanding (MOU) to consolidate their […]
AfDB, IsDB to Inject $2 billion in Africa
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have agreed to jointly pull together the sum of $2 billion over the next […]