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Economic

UN to increase financial assistance to Tunisia

October 26, 2015 Geraldine Boechat 0

Tunisia will see its UN financial assistance nearly doubled this year and next year, a UN top officer in Tunisia said. Mounir Thabet, UN Coordinator […]

Côte d’Ivoire: Incumbent Ouattara promises new constitution if re-elected

October 20, 2015 Khalid Al Mouahidi 0

Ivorian President Alassane Ouattara said on Monday he would push for constitutional reform if he wins re-election this week to scrap a nationality clause that […]

Zambia forecasts 15% drop in copper output

October 14, 2015 Khalid Al Mouahidi 0

Zambia is expected to produce 600 000 tons of copper this year, down 15 percent from 708 000 tons in 2014, a government official said […]

Kuwait: Oil prices to rise as high-cost producers bow out

October 13, 2015 Khalid Al Mouahidi 0

Kuwait’s oil Minister Ali al-Omair believes that oil prices will rise by next year because high-cost oil producers have started to cut their production. He […]

Zimbabwe: IMF forecasts lower growth after exports dropped

September 9, 2015 Geraldine Boechat 0

The International Monetary Fund (IMF) on Wednesday lowered Zimbabwe’s growth forecast for this year to 1.5 percent from 2.8 percent, blaming lower commodity exports of […]

Cote d’Ivoire: New AfDB boss to focus on economic empowerment of women, youth

September 2, 2015 Steven Addamah 0

Dr. Akinwumi Adesina, the new boss of the African Development Bank (AfDB) said he will focus his first term on expanding opportunities and unleashing economic […]

Zambia: Lower economic growth foreseen as copper earnings drop

August 31, 2015 Geraldine Boechat 0

Zambia’s Ministry of Finance indicated on Sunday that slower economic growth and more fiscal deficit are expected this year as weak global demand for copper […]

Moroccan-African cooperation, a model based on shared interests

July 31, 2015 Steven Addamah 0

Morocco’s economic cooperation with African countries is based on shared interests and is part of Morocco’s strategic diplomacy geared towards the promotion of active South-South […]

West African Development Bank to raise $500m for regional integration

July 27, 2015 Khalid Al Mouahidi 0

The West African Development Bank (BOAD) plans to raise up to $500 million from the international financial markets in the last quarter of 2015 to […]

Côte d’Ivoire: AfDB approved $109 million loan to Sucden

July 16, 2015 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has approved a $109 million loan to Sucden’s Ivorian branch for cocoa investment, a company official said on Wednesday. “We […]

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  • AU Executive Council Concludes 48th Session with Renewed Push for Unity and Development
  • Safran to set up landing gear systems plant in Casablanca
  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
  • African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting
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