Cape Verde moves forward with Guarantee Fund to mitigate risks
The Cape Verdean Deputy Prime Minister, Olavo Correia, said that “the conditions are already created” to launch the Guarantee Fund, as a mechanism to “recover […]
GDP
Mozambique’s public debt to fall below 100% of GDP by 2023
The consultancy Fitch Solutions believes that Mozambique’s public debt should fall below 100% in 2023, due to the acceleration of the economy, higher gas revenues […]
Tanzania’s first quarter growth slows to 5.7 %
Tanzania’s economic growth slowed to 5.7 percent in the first quarter of this year from 6.8 percent previously, the statistics office of the East African […]
AfDB releases $750 million loan to support Namibia
African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]
World Bank to release $57 billion for projects in Sub-Saharan Africa
The World Bank this week pledged to commit a record $57 billion to finance projects in sub-Saharan Africa. According to the head of the Washington-based […]
Nigeria will overcome recession in 2017 – Budget Minister
Nigeria’s Budget Minister, Udoma Udo Udoma, on Wednesday said the Government is determined to bring the country out of its first recession in a quarter […]
Ghana’s GDP Inches to 4% in 2016 Q3 Despite Economic Hurdles
Ghana’s provisional GDP for the 3rd quarter of 2016 grew by 4 percent compared to 3.5 percent in the same period of 2015. According to […]
Nigeria’s GDP shrinks by 2.24 % in Q3 of 2016
Nigeria’s gross domestic product (GDP) contracted by 2.24 percent in the third quarter, the National Bureau of Statistics (NBS) said on Monday. According to the […]
Botswana Hopes to Revamp its Ailing Diamond Industry
Diamond sector key stakeholders are converging to discuss Botswana’s capital Gaborone this week to discuss the future of the industry that currently faces enormous challenges […]
Botswana: GDP Growth Estimated at 4.4% for Next 6 Years
Botswana’s National Development Plan presented to Parliament on Wednesday indicated that the southern African nation’s economy will grow by an average of 4.4 percent annually […]