Botswana Unveils Five-Year Plan to Cut Diamond Dependence and Boost Jobs
Botswana has approved on Thursday, November 6, its 12th National Development Plan (NDP 12), a five-year framework aimed at reducing the country’s reliance on diamonds […]
growth
Angola Requires 2,000 Fishery Technicians by 2035 to Sustain Sector Growth
Angola’s agricultural development plan highlights an urgent requirement for roughly 2,000 mid-level technicians to support the fisheries sector by 2035. This projection forms part of […]
Germany’s €10M Africa pledge signals intent, but strategy still lags behind rivals
Germany has recently pledged €10 million to the G20 Compact with Africa (CwA), signaling renewed commitment to boosting private investment and sustainable growth across the […]
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 […]
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 […]