Kenya cuts 2017 growth outlook
Kenya has cut its 2017 growth outlook on Wednesday due to slowing credit growth, Geoffrey Mwau, the director general of fiscal and economic affairs, told […]
IMF
Nigeria’s GDP shrinks by 2.24 % in Q3 of 2016
Nigeria’s gross domestic product (GDP) contracted by 2.24 percent in the third quarter, the National Bureau of Statistics (NBS) said on Monday. According to the […]
Côte d’Ivoire: Teachers, Civil Servants Start Nationwide Strike
Civil servants and teachers in Côte d’Ivoire have announced a 72-hour strike from Tuesday to protest against reduction in pension from 30% to 50% in […]
CAR Economy to Grow by 5% in 2017
The economic program of war-torn Central African Republic is broadly on track despite the deterioration of the security environment in the country, said the International […]
Guinea: IMF Approves $25.2 Million Disbursement
The International Monetary Fund (IMF) on Wednesday approved a $25.2 million disbursement for Guinea to help the West African nation revive an economy that was […]
Mozambique to Conduct External Audit of Debt
Mozambique Finance Minister Adriano Maleiane on Wednesday said the government of the southern African nation is committed to carrying out an independent international audit to […]
Botswana: GDP Growth Estimated at 4.4% for Next 6 Years
Botswana’s National Development Plan presented to Parliament on Wednesday indicated that the southern African nation’s economy will grow by an average of 4.4 percent annually […]
Zimbabwe Targets 4.8% GDP Growth in 2017
Zimbabwe’s economy is projected to rebound from 1.2 percent growth to 4.8 percent next year, driven by a cocktail of reforms, improved agriculture production and […]
Malawi’s President Returns Home after Month-Long Absence
Malawian President Peter Mutharika returned home on Sunday after an unexplained trip to the United States that lasted several weeks, sparking a lot of rumors […]
Tanzania Gets $259 mln Funding for Power Grid
The African Development Bank and the Japan International Cooperation Agency have granted $258.82 million to Tanzanian government for a high voltage electricity line to connect […]