Nigeria Forecasts Economy will Shrink 1.3% in 2016
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 […]
Economy
Gabon: Bongo Appoints New PM, Pledges ‘Unity Government’
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
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
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
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
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
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
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
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 […]
Uganda’s central bank raises benchmark rate to 17.0%
Uganda’s central bank raised its benchmark interest rate for the fifth consecutive meeting after a weaker currency boosted inflation to a two-year high. The bank […]