Uganda Projects 8% Annual Growth Ahead of Oil Production Boom
Uganda’s economy is forecast to expand by an average of 8% annually over the next five years, fuelled by anticipated oil production and heavy investments […]
International monetary Fund
IMF Approves Ghana’s Fourth ECF Review, Unlocking $370 Million to Bolster Economic Recovery
The International Monetary Fund (IMF) has approved Ghana’s Fourth Review under the Extended Credit Facility (ECF) Programme, releasing a $370 million disbursement to support the […]
Senegal Delays Budget Data, Push to Rebuild Investor Confidence After Debt Scandal
Senegal’s Ministry of Finance has postponed the release of its budget execution reports for the last quarter of 2024 and the first quarter of 2025 […]
IMF Approves New Disbursement for Central African Republic Amid Mixed Reform Progress
The Executive Board of the International Monetary Fund (IMF) has concluded the third and fourth reviews of the Extended Credit Facility (ECF) arrangement for the […]
Senegal Shifts Gears Toward Self-Reliance Through Domestic Revenue Overhaul
Facing the fiscal pressures of suspended international support, Senegal is pivoting toward a bold path of economic sovereignty by intensifying domestic tax compliance. Prime Minister […]
Botswana Braces for Economic Stagnation as Diamond Revenue Plummets
Botswana’s economic outlook for 2025 has dimmed considerably, with officials now preparing to revise growth projections to near zero. The development stems from the prolonged […]
President Tinubu Endorsed by Nigeria’s Ruling Party for Re-election in 2027
The All Progressives Congress (APC), which is in power in Nigeria, endorsed President Bola Tinubu on Thursday, May 22 to seek a second and final […]
Congo’s Former Prime Minister Sentenced to Hard Labor on a Corruption Charge
A former DRC Prime minister was found guilty of corruption and given a ten-year sentence of forced labor. The Congolese Constitutional Court found Augustin Matata […]
Kenya Targets Lower Budget Deficit Amid Austerity Push and IMF Pressure
Kenya’s Government has announced on Tuesday 29 April plans to cap its fiscal deficit at 4.5% of GDP for the 2025/26 financial year, a modest […]
South Africa’s Economic Growth Forecast Downgraded by IMF Amid Tariff Concerns
A reduced economic growth forecast for South Africa has been issued by the International Monetary Fund (IMF), with the 2025 projection being cut from 1.5 […]