Uganda Poised for Double-Digit Growth as Oil Production Begins
Uganda is set to begin commercial oil production in its western fields, a development expected to accelerate the country’s economic growth to double digits by […]
World Bank
World Bank Approves $150 Million to Boost Private Investment and Employment in Togo
On Monday, 15 December 2025, the World Bank Group approved US$150 million (approximately 83.7 billion FCFA) in funding to Togo, aimed at stimulating private investment […]
Ethiopia Confirms June 2026 Elections Despite Ongoing Conflicts
Ethiopia will proceed with parliamentary elections on 1 June next year, the Electoral Commission has confirmed on 9 December, even as the country grapples with […]
World Bank Projects Sustained Economic Growth for Zimbabwe
Zimbabwe’s short-term economic prospects are strengthening, with the World Bank projecting growth to hold at 5 percent in 2026. The latest Zimbabwe Economic Update, unveiled […]
World Bank Raises Kenya’s 2025 Growth Forecast Amid Strong Construction Recovery
The World Bank, on Monday, November 24, has upgraded Kenya’s 2025 economic growth projection to 4.9 percent, up from its earlier estimate of 4.5 percent, […]
World Bank Grants Tunisia $430 Million to Advance Clean Energy Transition
The World Bank announced on Tuesday, November 11, that it has signed a $430 million financing agreement with Tunisia to support the country’s shift towards […]
Mozambique Pays Over $42 Million to China in Debt Service Despite Loan Relief Measures
Mozambique paid more than US$42.2 million to China in debt service over a three-month period, making Beijing its largest bilateral creditor, according to data from […]
Ramaphosa Seeks Bold Financial Reforms and Fairer Global Economy at G20 Summit
South African President Cyril Ramaphosa has expressed optimism that the upcoming G20 Leaders’ Summit in Johannesburg will deliver tangible reforms to the global financial system […]
Senegal Raises Debt Service Projections by $5.8 Billion Ahead of IMF Talks
Senegal has revised its debt service projections upward by about 3.2 trillion CFA francs ($5.8 billion) over the next three years, as reflected in a […]
Madagascar’s Interim President Appoints Herintsalama Rajaonarivelo as Prime Minister
Madagascar’s interim President, Colonel Michael Randrianirina, has appointed Herintsalama Rajaonarivelo as the country’s new Prime minister following recommendations from the National Assembly. The appointment was […]