Economy – Page 5 – Medafrica Times

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 […]

Uganda’s central bank raises benchmark rate to 17.0%

October 20, 2015 Khalid Al Mouahidi 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 […]

Zimbabwe: Mugabe delivers wrong speech to MPs, opposition questions his mental health

September 16, 2015 Geraldine Boechat 0

Zimbabwe’s President Robert Mugabe read out the wrong speech at the opening session of parliament on Tuesday, apparently unaware that he was delivering the same […]

Liberia-IMF: “Stay the course to improve economy,” Lagarde

September 11, 2015 Steven Addamah 0

IMF Managing Director Christine Lagarde arrived in Liberia Thursday to celebrate the resilience of the Liberian people and the leadership of President Johnson Sirleaf in […]