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Africa News
IMF forecasts 6% growth for Uganda in ’24
The International Monetary Fund (IMF) concluded its 2024 Article IV Consultation with Uganda, forecasting robust…
Egypt to launch new agency to boost exports, investments in Africa
The Egyptian government is preparing to launch a new Export and Investment Guarantee Agency to support Egyptian…
Engie eyes more African renewable energy deals
Engie SA, the French utility, anticipates more deals in Africa’s renewable energy sector following its $1 billion…
WB offers $15-m grant to strengthen S. Sudan public service
The World Bank Group has partnered with South Sudan to strengthen the country's public service through a $15…
Egypt pledges to lead green hydrogen development in Africa – minister
Egyptian Minister of Electricity, Mahmoud Essmat said on Thursday the country is committed to promoting the green…
EU signs €54m green deals to support Namibia’s green efforts
The European Union (EU) has officially launched three EU-funded programmes, committing €54 million to support…
S. Africa’s current account deficit significantly narrowed in Q2, surplus at R187.4b
South Africa's current account deficit narrowed significantly in the second quarter of 2024, decreasing from R106.9…
Global labour income share faces prolonged decline – ILO
The International Labour Organisation (ILO) highlighted a global decline in the labour income share, which has…
IMF: S. Africa repayment capacity secure amid economic difficulties
The International Monetary Fund (IMF) has completed its Post Financing Assessment for South Africa, confirming the…
CBE Governor Hassan Abdalla reiterates commitment to supporting African financial…
Central Bank of Egypt (CBE) Governor Hassan Abdalla held bilateral meetings with the governors of the central banks…
