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 […]
Economy
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) […]
Gabon: Government to create 30,000 jobs by 2019
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
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
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
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 […]
Rwanda’s Economic Growth Slows to 5.2% in 2016 Q3
Fresh Data released by the statistics office of Rwanda, show the central African nation’s economy grew by 5.2 percent in the third quarter of last […]
Kenya: Economy Slows to 5.7% in Third Quarter
Kenya’s statistics office this weekend said the economic growth of the East-African biggest economy has slowed to 5.7% in the third quarter of 2016, compared […]
Moroccan-Nigerian Cooperation Getting off to a Flying Start
Cooperation relations between Morocco and Nigeria which have been hibernating for many years are getting off to a flying start with the historic visit King […]
Côte d’Ivoire: Teachers, Civil Servants Start Nationwide Strike
Civil servants and teachers in Côte d’Ivoire have announced a 72-hour strike from Tuesday to protest against reduction in pension from 30% to 50% in […]