Nigeria Forecasts Economy will Shrink 1.3% in 2016
Nigeria’s economy is likely to shrink 1.3 percent in 2016, the Head of the National Bureau of Statistics said on Wednesday. The NBS had predicted […]
GDP
New Report Makes a Strong Case for Betting Big on Agriculture in Africa
As the African Green Revolution Forum (AGRF) kicked off this sept. 6 in Nairobi, with the participation of heads of state and high-level officials from […]
Ghana slashes 2016 GDP growth forecast
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
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
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
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
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
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
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
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 […]