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 […]
International monetary Fund
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 […]
Senegal: IMF forecasts stronger growth for third year in a row
Senegal’s GDP growth is expected to exceed 6 percent in 2017, mainly driven by services, tourism and agriculture, the International Monetary Fund said in a […]
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 […]
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 […]