IMF reaches Staff-Level Agreement to release $251 Million for Ethiopia
The International Monetary Fund (IMF) has reached on November 27 a key agreement with Ethiopia on the second review of its economic aid program, clearing […]
growth
Sub-Saharan Africa must urgently tackle youth job creation challenge — IMF analysis
To employ a growing population, sub-Saharan Africa, and especially the fragile, conflict-affected and low-income countries in the region, need to transform informal jobs, reduce barriers […]
Mozambican economy grows 4.5% in the second quarter
Mozambique’s economy expanded by 4.5% in the second quarter of 2024, marking the highest growth rate in the past year, according to a report from […]
Guinea-Bissau maintains growth trend close to 5%
Guinea-Bissau’s economy is expected to maintain a growth trend of around 5% this year and next, but will continue to depend on international donors to […]
Angola foresees economic growth of 3.6% for 2023-2027
The Minister of Economy and Planning said Wednesday that Angola foresees for 2023-2027 a growth of 3.6%, with a positive initial performance of the oil […]
Nigeria: Less than 2 percent GDP growth in 2018 – World Bank
Nigeria’s economy is expected to post less than 2 percent growth this year. The growth is largely driven by the non-oil industry and service sectors, […]
Growth in Sub-Saharan Africa Slower than Expected
Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s […]
South Africa: BRICS countries urged to reject go-it-alone trade
The 10th annual BRICS Summit has officially kicked off on Wednesday as leaders of Brazil, Russia, India, China and South Africa gathered in Johannesburg for […]
Kenya’s economic growth to rebound in 2018
Kenya’s economy is expected to grow 5.8 percent this year compared with an estimated 4.8 percent in 2017, thanks to drought cut and less political […]
World Bank downgrades Kenya growth forecast
The World Bank on Wednesday said it has slashed 2017 growth forecast for Kenya’s economy to 4.9 percent due to drought, sluggish credit growth and […]