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Ghana slashes 2016 GDP growth forecast

July 20, 2016 Khalid Al Mouahidi 0

Ghana has revised downwards its economic growth forecast for 2016, the West African nation’s minister of finance told reporters on Tuesday. The country’s GDP growth […]

Equatorial Guinea’s Economic Outlook Remains Depressed – IMF

July 15, 2016 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) on Thursday warned that Equatorial Guinea’s short-term economic outlook remains depressed following a dip in global oil prices. The country […]

Equatorial Guinea’s President Appoints Son Vice-President

June 23, 2016 Steven Addamah 0

Equatorial Guinea’s President Teodoro Obiang’ Nguema has promoted his first son Teodorin Nguema Obiang as the country’s vice-president, according to a decree read on Wednesday […]

Botswana’s Economy to Return to Growth in 2016 – CB

May 30, 2016 Khalid Al Mouahidi 0

Botswana’s economy will return to growth this year as water and electricity supply stabilizes, the central bank said on Monday. Consumer prices in the southern […]

Benin’s Talon Vows to Restore Cotton Fortunes

May 23, 2016 Pawla Nibramich 0

Benin’s president Patrice Talon has promised to turn the cotton fortunes of his country around by the end of his five-year term. Cotton is a […]

IMF Paints Gloomy Picture For Algerian Economy

May 21, 2016 Khalid Al Mouahidi 0

The economic outlook in Algeria has deteriorated since 2014 due to the fall in oil prices, affecting fiscal and external balances, says the International monetary […]

Ghana’s Growth Perspective Positive – Central bank

May 18, 2016 Khalid Al Mouahidi 0

The central Bank of Ghana on Tuesday said the west-African nation’s growth outlook is broadly positive. Ghana’s economy expanded 3.9 percent last year, about the […]

Kenya’s Economy Grew by 5.6% in 2015

May 3, 2016 Geraldine Boechat 0

Kenya’s economy grew by 5.6 percent in 2015 up from 5.3 recorded in 2014, the statistics office said on Tuesday. Agriculture, which contributes nearly a […]

Malnutrition Gnaws in Zimbabwe as Drought Wipes out Crops

April 30, 2016 Steven Addamah 0

The threat of hunger is running high in Zimbabwe, as the country experiences the worst drought in southern Africa in two decades. In a recent […]

Algeria GDP Growth Stood at 3.9% in 2015

April 26, 2016 Geraldine Boechat 0

Algeria’s economy grew by 3.9 percent in 2015, up from a 3.8 percent the previous year, the government said on Monday. In 2015, the North […]

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