Morocco scores best economic growth performance in MENA – IMF forecasts
Morocco will score the best economic growth performance in the MENA region as shown by the forecasts of the International Monetary Fund (IMF), which has […]
Economy
Sudan: Prime Minister Abdullah Hamdok accused the US of “paralyzing” the country’s economy and democracy
In an interview with the Financial Times published on Sunday, October 11, Sudanese Prime Minister Abdullah Hamdok slapped his fist on the table. He accused […]
Morocco’s King reiterates relevance of stimulus plan to bolster economy
King Mohammed VI reaffirmed the importance of the stimulus plan launched to help the economy recover from the Covid-19 impact, citing an array of measures […]
Ghana: Country’s economy fell by 3% due to Covid 19
It is a sad first in 37 years: Ghana’s economy fell by 3% in the second quarter of 2020, hard hit by the restrictive measures […]
South Africa gets $35 bln in investment pledges to revive ailing economy
South Africa got investment commitments of $35 billion as part of plans to attract $100 billion over the next five years to revive the country’s […]
Sudan unveils 21-member cabinet to fix ailing economy
Sudan’s President Omar Hassan al-Bashir on Thursday named new ministers to the key posts of finance, interior and water resources. The government of the war-torn […]
Oil-dependent Gabon economy grew 0.8% in 2017 – IMF
The International Monetary Fund on Thursday downgraded Gabon’s economy growth forecast of 2017 form 1 percent to 0.8 percent. The international lender expects growth to […]
IMF says more work needed before Congo’s debt-plagued economy bailout
The International Monetary Fund (IMF) has concluded its negotiation mission in Congo without reaching an agreement on an assistance package, the Washington-based international lender said […]
World Bank downgrades Kenya growth forecast
The World Bank on Wednesday said it has slashed 2017 growth forecast for Kenya’s economy to 4.9 percent due to drought, sluggish credit growth and […]
Nigerian economy grows 1.4% in Q3 2017
Africa’s largest economy grew 1.4 percent year-on-year in the third quarter, the statistics office said on Monday.Data published by Nigeria’s National Bureau of Statistics (NBS) […]