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Africa News
S. Korea inks multi-billion-dollar loan deals with Tanzania, Ethiopia
South Korea's summit with African leaders is resulting in major economic deals, as Tanzania and Ethiopia signed…
Egypt sets EGP 5b investment plan for Damietta governorate
Egypt's Ministry of Planning and Economic Development allocated five billion Egyptian pounds for an investment plan…
South Africa keeps rates unchanged after unpredictable vote
South Africa’s central bank, South African Reserve Bank (SARB) left borrowing costs unchanged, delivering the…
EU-Kenya economic partnership agreement finalised
The EU Council has greenlit the EU-Kenya Economic Partnership Agreement (EPA), promising trade growth and…
S. Africa expected to hold rates aimed elections
South Africa’s central bank is poised to maintain interest rates unchanged, remaining steadfast in the battle…
Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair
Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
IMF forecasts 3% economic growth in Gabon
The IMF Executive Board wrapped up its 2024 Article IV consultation with Gabon, noting the country's resilient…
Agriculture boosts Nigeria’s economy
Nigeria’s economy received a boost of N309 billion following the initiation of dry season farming, focusing on…
Zambia’s debt restructuring gains momentum
Zambia has made significant strides towards resolving its financial crisis, with over 90 per cent of its $3 billion…
Ghana likely to maintain current rates
Ghana is expected to maintain the current interest rates to combat high inflation and stabilise the official…
