South Sudan: UNHCR chief calls for action against drivers of the war
UN High Commissioner for Refugees Filippo Grandi on Wednesday urged the international community to act quickly against those who ignite the South Sudan conflict, as […]
International monetary Fund
Tanzania: Lack of public spending curtailing economic growth – IMF
The International Monetary Fund (IMF) on Wednesday called on Tanzanian authorities to speed up reforms to prevent a slowdown of the economy of the East […]
IMF chief Lagarde visits Benin, forecasts 6% growth in 2018
Managing Director of the International Monetary Fund, Christine Lagarde, has started an African tour in Benin on Monday. Lagarde who spoke in a joint press […]
Chad: Idriss Deby sacks finance minister amid oil-for-cash loans saga
Chad’s President Idriss Deby, on Thursday, sacked Finance Minister Christian Georges Diguimbaye and his deputy, Banata Tchalet Sow. Diguimbaye was replaced by Abdoulaye Sabre Fadoul, […]
Nigerian economy grows 1.4% in Q3 2017
Africa’s largest economy grew 1.4 percent year-on-year in the third quarter, the statistics office said on Monday.Data published by Nigeria’s National Bureau of Statistics (NBS) […]
Cameroon to issue 10 billion CFA francs in treasury bills
The Cameroonian government on Wednesday, returned to the regional market of the Bank of Central African States (BEAC) to raise a 10 billion CFA francs […]
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 […]
Africa’s intra-trade reaches 13% – UNECA
Trade among African countries accounts for only 13% of the continent’s overall trade, the United Nations Economic Commission for Africa said on Wednesday. The commission […]
Gabon unveils $300 million new port Harbor
The Gabonese government on Saturday, unveiled a $300 million port as the central African nation seeks to modernize the existing Port of Owendo. The new […]
Ethiopia devalues Birr to cope with foreign currency crunch
The National Bank of Ethiopia (NBE) on Tuesday announced a devaluation of the country’s currency, the birr by 15% in a bid to cope with […]