Zimbabwe Still Eyes Upper-Middle-Income Status
Zimbabwe is on course to surpass a per capita income of 3,000 U.S. dollars in 2025, reflecting a steady improvement in economic activity, according to […]
El Nino
Central Bank Governor Warns of Inflation Upside Risks and Financial Conditions in South Africa
South Africa’s inflation outlook presents potential upward risks, according to Central Bank Governor Lesetja Kganyago. Despite the adverse effects of El Nino weather conditions across […]
Southern Africa Faces Hunger Crisis: Malawi Declares Drought Disaster Following Zambia’s Lead Amidst El Niño Impact
Malawi, in southern Africa, has declared a state of disaster due to drought affecting 23 of its 28 districts, urgently seeking over $200 million in […]
Zimbabwe Braces for Steep Drop in Tobacco Harvest Amid El Niño Impact: A Year Post Record Yield
Zimbabwe, Africa’s primary tobacco producer, launched its annual tobacco-selling season amidst projections of a substantial decrease in both yield and quality due to a drought […]
Landslides in Tanzania: Death toll rises to 57
At least 57 people have been killed in landslides caused by torrential rains in northern Tanzania, according to a new report released on Monday December […]
Kenya: controversy over funds announced to prevent the consequences of the El Niño climate phenomenon
In Kenya, the question of funds allocated to El Niño prevention is causing controversy. For the past ten days, the country has been suffering from […]
Namibia’s Economic Growth Slowing – IMF
Slow budgetary consolidation efforts by authorities as well as a slowdown in the buildings and public works sector could put the brakes on Namibia’s economy, […]
Malawi: Inflation Rate Increases to 22.6% in June
The national statistics office of Malawi, on Monday, said the country’s inflation has accelerated to 22.6 percent year-on-year in June from 21.5 percent in May, […]
WFP needs $730m to assist 7 drought hit African countries
The United Nations’ food agency said on Thursday its needs $730m over the next 12 months to assist seven drought hit African countries. The World […]
Ethiopia: Flash Floods Kill at least 50, Displace Thousands
About 50 people have been killed in flooding and landslide caused by heavy rains in Ethiopia, officials said on Wednesday. Tens of thousands of people […]