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Ghana predicts 6.5 percent budget deficit for 2017

March 3, 2017 Khalid Al Mouahidi 0

Ghana’s Finance Minister Ken Ofori-Atta on Thursday said the government aims to reduce its budget deficit and inflation in 2017 as it plans to stabilize […]

UN expert urges lenders to act as Tunisia seeks foreign investment

March 2, 2017 Khalid Al Mouahidi 0

A UN independent expert on foreign debt and human rights on Wednesday encouraged international lenders to lend additional support to Tunisia, which is struggling to […]

Less than 1% of Naira Notes are Fake – Nigeria’s Reserve Bank

February 15, 2017 Steven Addamah 0

The Central Bank of Nigeria (CBN) on Tuesday said less than one percent of the west-African nation’s local currency in circulation is fake. The reserve […]

Zimbabwe Misses 2016 Revenue Target

January 19, 2017 Steven Addamah 0

Zimbabwe’s tax agency ZIMRA on Thursday said it missed the 2016 revenue target by 4 percent as weak global commodity prices hit mineral royalties in […]

Mauritius Island’s Trade Deficit Expands 25% in October

December 24, 2016 Khalid Al Mouahidi 0

Mauritius’ trade deficit expanded 25 percent in October from the same period a year earlier, the statistics office said. The value of exports fell 14.9 […]

Kenya cuts 2017 growth outlook

November 24, 2016 Geraldine Boechat 0

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 […]

Nigeria’s GDP shrinks by 2.24 % in Q3 of 2016

November 21, 2016 Steven Addamah 0

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

November 8, 2016 Khalid Al Mouahidi 0

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

November 8, 2016 Geraldine Boechat 0

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

November 3, 2016 Steven Addamah 0

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 […]

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  • AU Executive Council Concludes 48th Session with Renewed Push for Unity and Development
  • Safran to set up landing gear systems plant in Casablanca
  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
  • African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting
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