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Economy

South African economic growth rebounds in 2021

March 10, 2022 Steven Addamah 0

South Africa’s economy, buffeted by the Covid-19 epidemic and by riots, has recorded growth of 4.9% in 2021, the highest since 2007, according to official […]

Morocco scores best economic growth performance in MENA – IMF forecasts

October 13, 2021 Khalid Al Mouahidi 0

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 […]

Sudan: Prime Minister Abdullah Hamdok accused the US of “paralyzing” the country’s economy and democracy

October 12, 2020 Khalid Al Mouahidi 0

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

October 9, 2020 Pawla Nibramich 0

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

September 18, 2020 Steven Addamah 0

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

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 […]

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  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
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