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Africa News
Adverse climate pushes Cocoa prices to 7-week high
Cocoa prices continued their 7-week rally on Monday, reaching new contract highs for March NY cocoa and March…
IMF approves $184m disbursement to Zambia
The International Monetary Fund (IMF) Executive Board has completed the fourth review of Zambia's 38-month Extended…
Nigeria’s inflation hits 34.6% YoY
Nigeria's inflation rate climbed for the third consecutive month in November, reaching 34.60 per cent annually, up…
Egypt backs plans for a common African market, green minerals strategy
Egypt has reaffirmed its commitment to advancing Africa’s economic integration and sustainable development by…
IMF approves $808.5m for Côte d’Ivoire’s reforms
The International Monetary Fund (IMF) has approved a $808.5 million disbursement for Côte d’Ivoire following the…
S. Africa’s inflation up to 2.9% in Nov.
South Africa's inflation edged up to 2.9 per cent in November, slightly higher than 2.8 per cent in October, with…
IMF concludes ’24 article IV consultation, 2nd review for Somalia
The International Monetary Fund (IMF) has completed the 2024 Article IV Consultation and the second review under…
IMF sees Libya’s GDP rebound in ’25
The IMF projects Libya's GDP to rebound in 2025, driven by a recovery in oil production, following a downward…
IMF projects Chad’s growth to slow to 3.1% in ’24
Chad's economic growth is forecast to slow to 3.1 per cent in 2024, driven by recent floods and a slight decline in…
World Bank projects 4.7% growth for Kenya in ’24
Kenya’s economy is forecasted to grow at 4.7 per cent in 2024, down from 5.6 per cent in 2023 and closer to the…
