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Economy

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 […]

Rwanda’s Economic Growth Slows to 5.2% in 2016 Q3

January 3, 2017 Geraldine Boechat 0

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

December 26, 2016 Steven Addamah 0

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

December 4, 2016 Pawla Nibramich 0

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 […]

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News

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  • EU Mobilizes €348 Million to Bolster Morocco’s Water Security
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