Economy – Page 6 – Medafrica Times

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 […]

Nigeria to fight oil theft with drones – NNPC boss

September 3, 2015 Khalid Al Mouahidi 0

Nigeria’s state oil company NNPC is set to deploy drones to check the movements of ships in the country’s waters in a bid to free […]

Ghana: IMF to release second tranche of bailout

September 1, 2015 Khalid Al Mouahidi 0

The International Monetary Fund’s board on Monday approved a second disbursement of $114 million for Ghana to help it repay debt and stabilize the nation’s […]

Algeria scales up oil output by 32,000 bpd, officials

August 4, 2015 Khalid Al Mouahidi 0

The Algerian ministry of energy announced Sunday its crude oil production has increased by 32,000 bpd after the start of two other oil fields. Algeria, […]

Somalia’s imports must grow by 25% – IMF

July 31, 2015 Geraldine Boechat 0

The International Monetary Fund said on Thursday that Somalia’s imports must grow by about a quarter over the next three years to support a recovering […]

Tunisia suffers Tourism exodus as Britain and others recall citizens

July 11, 2015 Khalid Al Mouahidi 0

European holiday makers are leaving Tunisia in droves after their governments warned of imminent attacks on tourists and touristic sites. Authorities in Tunisia are bothered […]