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 […]
GDP
Malnutrition Gnaws in Zimbabwe as Drought Wipes out Crops
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
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 […]
Botswana: Economy to Grow by 3.7 in 2016 – IMF
The International Monetary Fund (IMF) on Thursday said Botswana’s economy is projected to grow by 3.7 percent this year after an estimated contraction of 0.3 […]
Congo has not renounced revising mining code, Ministry
The Democratic Republic of Congo, the world’s largest source of cobalt and Africa’s biggest copper producer, has not dropped plans to revise its mining code, […]
Burundi: Tax Revenues Fall by 17% in Chaotic Country
Tax revenues in Burundi have fallen by 17 percent, the country’s Revenue Authority said on Wednesday. Over the past months, Burundi has been facing the […]
Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]
Liberia to cut down expenditure by 11%
The Liberian government plans to slash spending in the current budget by 11 percent due to a slowdown of its mining sector, President Ellen Johnson […]
Zimbabwe secures $200 mln from Afreximbank to import maize
Zimbabwe has secured a $200 million loan from Africa Export and Import Bank (Afreximbank) to import maize in 2016, as 10 percent of the population […]
IMF’s Lagarde visits Nigeria
The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde starts a four-day working visit to Nigeria on Monday. The international lender said […]