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Economy

South Africa gets $35 bln in investment pledges to revive ailing economy

October 11, 2018 Steven Addamah 0

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

September 15, 2018 Khalid Al Mouahidi 0

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

December 29, 2017 Geraldine Boechat 0

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

December 21, 2017 Geraldine Boechat 0

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

December 7, 2017 Khalid Al Mouahidi 0

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

November 20, 2017 Khalid Al Mouahidi 0

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) […]

Gabon: Government to create 30,000 jobs by 2019

May 30, 2017 Khalid Al Mouahidi 0

Gabonese authorities on Monday unveiled plan to create about 30,000 jobs in various fields over the period 2017-2019 under the Economic Recovery Plan (ERP), local […]

Drop in Oil Prices Unveils Vulnerability of Algerian Economy

April 14, 2017 Khalid Al Mouahidi 0

Algerian authorities have finally been compelled to face the reality and admit the failure of their economic model based on crude oil exports and trade. […]

Uganda eyes 5.5% GDP in the year ending June 2018

February 28, 2017 Steven Addamah 0

Uganda’s economy boosted by lower borrowing costs and higher oil sector investments will grow by 5.5 percent in the year to June 2018, a budget […]

EU grants Zambia $69 mln as power shortages hit Economy

January 20, 2017 Geraldine Boechat 0

The European Union has granted about $69 million to Zambia to expand electricity supply as the East-African nation faces a power deficit. According to the […]

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News

  • PM Modi’s Ghana visit rekindles historic ties, anchors India’s West Africa pivot

    July 5, 2025 0
  • Sahara: Ecuador Supports Morocco’s Autonomy as the Basis for Resolution of decades-long conflict

    July 5, 2025 0
  • Jihadist Attacks in Northern Nigeria Leave 28 Dead and Dozens Injured

    July 4, 2025 0
  • US Supreme Court Clears Deportation Flight to South Sudan Despite Safety Concerns

    July 4, 2025 0
  • Egypt Rejects Ethiopia’s Completion of GERD as Breach of International Law

    July 4, 2025 0

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Recent Posts
  • PM Modi’s Ghana visit rekindles historic ties, anchors India’s West Africa pivot
  • Sahara: Ecuador Supports Morocco’s Autonomy as the Basis for Resolution of decades-long conflict
  • Ethiopia Completes Grand Nile Dam, Ongoing Tensions with Egypt
  • Doha Set to Host Fifth Round of Peace Talks Between DRC Government and M23 Rebels
  • Jihadist Attacks in Northern Nigeria Leave 28 Dead and Dozens Injured
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