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 […]
growth
Malawi’s economic growth to exceed 5.5 % in 2017 – President
Malawi’s 2017 economic growth will exceed 5.5 percent, President Peter Mutharika said on Friday. The expansion of the southern African nation’s economy would beat the […]
Tanzania’s first quarter growth slows to 5.7 %
Tanzania’s economic growth slowed to 5.7 percent in the first quarter of this year from 6.8 percent previously, the statistics office of the East African […]
Niger to raise FCFA 40 billion on UEMOA market
The government of Niger intends to raise about FCFA 40 billion on the financial market of the West African Economic and Monetary Union (UEMOA), through […]
AfDB releases $750 million loan to support Namibia
African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]
IMF Praises Mali’s Handling of Economy, Disburses $26.9 mln
The International Monetary Fund on Friday said its board approved the disbursement of about $26.9 million to landlocked Mali. The international lender also extended the […]
Togo: IMF forecasts an economic growth of 5.5% in 2015
The International Monetary Fund (IMF) has announced on 9th March in a statement that the Togolese economy is expected to grow 5.5% in 2015, thanks […]
Libyan Banks ready to auto-finance development and growth
Libya’s banking sector is willing to give more support to the Libyan Airlines in order to make a regional and even a continental powerhouse in […]
Libya: Growth pegged at 3% after production rise
The economy minister has forecasted a growth of 3% in 2013 after the country reached the post uprising era level of production. His prospect is […]
Tunisia Gets $ 500 Mln WB Loan for Inclusive Growth
The Tunisian government has received $ 500 million loan from the World Bank to enable the North African country carry out key reforms, boost economic […]