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 […]
growth
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 […]
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 […]