Tanzania: President restricts Gov’t officials’ foreign travels
The Tanzanian new president has ordered restrictions on foreign travel by government officials and cuts in tax exemptions, as fiscal belt-tightening measures by his government. […]
finance
Morocco: IMF revisits Morocco’s 2016 economic growth forecast
Morocco’s 2016 economic growth forecast has been slightly reduced from 3.7 to 3 per cent following a re-study of the projection by a team of […]
Ghana: Gov’t launches $1 billion Eurobond
Ghana launched a $1 billion Eurobond on Wednesday at a 10.75 percent coupon rate, Finance Minister Seth Terkper said in a statement. “The bond is […]
Zambia: Lower economic growth foreseen as copper earnings drop
Zambia’s Ministry of Finance indicated on Sunday that slower economic growth and more fiscal deficit are expected this year as weak global demand for copper […]
EBRD Supports Small Businesses & Trade in Egypt
The European Bank for Reconstruction & Development (EBRD) has lent $ 140 million to Egypt’s QNB Al Ahli to support small businesses and trade activities […]
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 […]
WB Forecasts an African Growth Rate of over 5% in 2015-16
Africa is forecast to remain one of the world’s three fastest growing regions and to maintain its impressive 20 years of continuous expansion with a […]
Libyan Banks ready to auto-finance development and growth
Libya’s banking sector is willing to give more support to the Libyan Airlines in order to make a regional and even a continental powerhouse in […]
Algeria: A Promising Market For Foreign Investors
Algeria has been described as an “emerging,” “stable” and “promising” market offering huge opportunities for foreign investors by the Bureau of Economic and Business Affairs […]
Algeria eyes 2040 shale gas development
Prime Minister Abdelmalek Sellal has insisted that the country’s intention to exploit shale gas “is a long term option” which can be projected to possibly […]