Somalia’s imports must grow by 25% – IMF
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 […]
Economy
Tunisia suffers Tourism exodus as Britain and others recall citizens
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 […]
WB provides Angola $650 million to stabilize its economy
The World Bank agreed to give Angola $650 million in financial support to help stabilize an economy that’s reeling from a plunge in oil prices. […]
UN: “There is no way that Zimbabwe could introduce the local currency”
The United Nations says Zimbabwe is unlikely to have its own currency in the next five years, after it dumped its inflationary ravaged dollar in […]
Ghana: Investors are losing confidence (Opposition)
The New Patriotic Party (NPP), an opposition party in Ghana said at a fund raising program this weekend in London that investors are fast losing […]
Atlas Mara Ltd. to Buy Finance Bank Zambia
Atlas Mara Ltd. is in talks to buy the troubled Finance Bank of Zambia Limited (FBZL) from its majority shareholder, Rajan Mahtani, according to a […]
Ethiopia: Africa’s fastest growing economy prepares first dollar bond
A source has revealed that Ethiopia is preparing to follow the footsteps of Ghana, Kenya Senegal and Ivory Coast by selling its first dollar bond. […]
Libya: Growth pegged at 3% after production rise
The economy minister has forecasted a growth of 3% in 2013 after the country reached the post uprising era level of production. His prospect is […]
EU to strengthen Tunisia support
The head of the European Union parliament, Martin Schultz who is presently on an official visit to Tunisia said it seems as if Tunisia is […]
Mauritania: Economy scored better-than-expected performance
Mauritanian economy has scored better-than expected performance and was resilient to exogenous shocks thanks to a fiscal and external policy space that have reached unprecedented […]