Namibia economy slips into recession
Namibia has dropped into recession after its mining-fueled economy contracted in the final two quarters of last year, the statistics office said on Thursday. According […]
International monetary Fund
Ghana to adopt new tax collection system as it exits IMF
The Ghanaian Revenue Authority (GRA) has been asked to put in place an effective tax collection system to make it easier for those in the […]
Ghana has ‘no reason’ to return to IMF – President Nana Akufo-Addo
Ghana’s President Nana Akufo-Addo said in his annual state of the nation speech on Thursday that his government had buckled down on mismanagement and will […]
Nigeria to raise $2.5 billion through Eurobonds
Nigeria will raise $2.5 billion through Eurobonds in the first quarter, the Debt Management Office (DMO) said on Thursday. According to the head of the […]
Nigeria to raise $700 mln from international sources
The Debt Management Office (DMO) of Nigeria on Tuesday said it expects to raise $700 million from international sources as part of a $3.5 billion […]
Chad cancels plans to cut civil servants’ salaries
The Chadian government has decided to suspend a controversial cut in the salaries of civil servants, Prime Minister Albert Pahimi Padacké said on Wednesday. The […]
Côte d’Ivoire: Gunfire at military camps in Bouake
Heavy gunfire erupted at two military barracks in Côte d’Ivoire’s second largest city, Bouake, local media reported late on Tuesday. Early last year, Côte d’Ivoire […]
Sudan inks agreement with Saudi Arabia to restore banking ties
Sudan and Saudi Arabia will soon re-establish banking relations, to help restore confidence in Sudan’s economy after the lifting of U.S. economic sanctions, the state-run […]
Oil-dependent Gabon economy grew 0.8% in 2017 – IMF
The International Monetary Fund on Thursday downgraded Gabon’s economy growth forecast of 2017 form 1 percent to 0.8 percent. The international lender expects growth to […]
IMF says more work needed before Congo’s debt-plagued economy bailout
The International Monetary Fund (IMF) has concluded its negotiation mission in Congo without reaching an agreement on an assistance package, the Washington-based international lender said […]