South Africa’s Economic Growth Forecast Downgraded by IMF Amid Tariff Concerns
A reduced economic growth forecast for South Africa has been issued by the International Monetary Fund (IMF), with the 2025 projection being cut from 1.5 […]
growth
African Leaders Advocate for Inclusive AI Growth at Kigali Summit
At the opening of the inaugural Global AI Summit on Africa in Kigali, Rwanda, on Thursday, April 3, African leaders and technology experts emphasized the […]
Nigeria Projects 4.6% Economic Growth for 2025, Driven by Reforms and Private Sector Participation
The Nigerian Government has expressed confidence that the country’s economy will grow by at least 4.6 percent in 2025, a significant increase from the 3.19 […]
World Bank Report Highlights Ghana’s Vulnerability to Global Economic Shocks
A recent World Bank report has warned that Ghana remains highly vulnerable to global economic shocks, largely due to its reliance on oil-driven growth and […]
BFA improves Angola’s GDP growth to up to 4.5% in 2024
Banco Fomento Angola (BFA) has raised its growth forecast for Angola’s economy in 2024 to as much as 4.5%, following stronger-than-expected results in the third […]
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 […]
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 […]