Botswana Braces for Economic Stagnation as Diamond Revenue Plummets
Botswana’s economic outlook for 2025 has dimmed considerably, with officials now preparing to revise growth projections to near zero. The development stems from the prolonged […]
budget deficit
Kenya Targets Lower Budget Deficit Amid Austerity Push and IMF Pressure
Kenya’s Government has announced on Tuesday 29 April plans to cap its fiscal deficit at 4.5% of GDP for the 2025/26 financial year, a modest […]
AfDB releases $750 million loan to support Namibia
African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]
Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]
Tunisia hold’s auction to ease budget deficit
Some on the belongings of ex-president Zine al Abidine Ben Ali will be going under the hammer in Tunisia. He left the country when protests […]