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Economy

Morocco-Rwanda: 19 MoU Signed to Upgrade Cooperation

October 20, 2016 Khalid Al Mouahidi 0

Rwanda and Morocco Tuesday made giant steps to strengthen their ties with the signing of 19 Memoranda of Understanding (MoU) under the chairmanship of King […]

Nigeria Forecasts Economy will Shrink 1.3% in 2016

October 6, 2016 Khalid Al Mouahidi 0

Nigeria’s economy is likely to shrink 1.3 percent in 2016, the Head of the National Bureau of Statistics said on Wednesday. The NBS had predicted […]

Gabon: Bongo Appoints New PM, Pledges ‘Unity Government’

September 29, 2016 Geraldine Boechat 0

Gabon’s President Ali Bongo appointed Emmanuel Issoze Ngondet as Prime Minister on Wednesday and asked him to form an “inclusive government” following disputed elections. Before […]

Morocco-China Strategic Partnership Opens Up New Possibilities

May 12, 2016 Khalid Al Mouahidi 0

The strategic partnership sealed Wednesday in Beijing by King Mohammed VI with China has opened up new cooperation opportunities for Morocco as this giant Asian […]

Kenya: New car sales increase by over 12% in 2015

January 18, 2016 Steven Addamah 0

Kenya’s new car sales increased by 12.86 percent last year to 19,524 units, the Kenya Motor Industry Association (KMI) said on Monday. According to Rita […]

Guinea: Conde names new government

January 5, 2016 Khalid Al Mouahidi 0

Guinea President Alpha Conde has formed a new cabinet on Monday as the West African nation seeks to revive its economy. Guinea is a major […]

IMF: Djibouti’s economy to expand by 6.4 per cent in 2015

December 30, 2015 Steven Addamah 0

Djibouti’s economy will expand by an average 6.5 percent in 2016, the same as this year, the International Monetary Fund (IMF) said in a statement […]

Burkina Faso: Kabore takes the oath of office, wows to tackle basic needs

December 30, 2015 Geraldine Boechat 0

Roch Marc Christian Kabore, Burkina Faso’s newly elected president who took the oath of office Tuesday, said his election after a chaotic transition is a […]

Côte d’Ivoire: Ouattara takes early lead in results

October 27, 2015 Steven Addamah 0

Outgoing President of Côte d’Ivoire Alassane Ouattara took an early lead in Sunday’s elections according to the provisional results released by the electoral commission. According […]

Zambia-economic crisis: President seeks God’s intervention

October 22, 2015 Khalid Al Mouahidi 0

Zambia holds a day of prayer and fasting, with bars shut and football matches cancelled, to seek divine help over the country’s currency collapse and […]

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