Nigeria’s GDP shrinks by 2.24 % in Q3 of 2016
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 […]
The International Monetary Fund
Côte d’Ivoire: Teachers, Civil Servants Start Nationwide Strike
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
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
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 […]
Ethiopian to Head IMF’s Africa Department
The International Monetary Fund (IMF) on Thursday appointed Ethiopian Abebe Aemro Selassie as the new head for its African department. Selassie’s appointment was announced in […]
Côte d’Ivoire: USA Lifts 10-Year-Old Economic Sanction
The US government on Tuesday lifted economic sanctions imposed on Côte d’Ivoire in 2006 by the former president Georges Bush, citing advancing democracy in the […]
Egypt requests $7bn assistance from IMF to ‘plug funding gaps’
Egypt has officially requested financial assistance from the International Monetary Fund (IMF) to help straighten its ailing economy, the Bretton Wood institution announced on Tuesday. […]
Malawi: Inflation Rate Increases to 22.6% in June
The national statistics office of Malawi, on Monday, said the country’s inflation has accelerated to 22.6 percent year-on-year in June from 21.5 percent in May, […]
Equatorial Guinea’s Economic Outlook Remains Depressed – IMF
The International Monetary Fund (IMF) on Thursday warned that Equatorial Guinea’s short-term economic outlook remains depressed following a dip in global oil prices. The country […]
IMF Extends Loan Program to Drought-Hit Malawi
The International Monetary Fund (IMF) on Monday said it would increase loans to Malawi by $76.8 million, as the southern African country declared a state […]