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Africa News
Egypt-Nigeria Business Forum strengthens trade, investment ties
Egypt's Ministry of Investment and Foreign Trade hosted the Egypt-Nigeria Business Forum under the theme…
IMF approves $2.77b to finance Congo economy
The International Monetary Fund (IMF) has approved two 38-month arrangements for the Democratic Republic of the…
S. Africa’s manufacturing contracts again in Dec ’24
South Africa's seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell to 46.2 points in December 2024, a…
Kenya’s economy grows by 4.0% in Q3 ’24
Kenya’s economy recorded a 4.0 per cent growth in the third quarter of 2024, down from 6.0 per cent in the same…
Uganda’s private sector continues growth, PMI at 53.1 in Dec ’24
Uganda's Stanbic Bank PMI for December 2024 stood at 53.1, signaling continued growth in the private sector,…
Mozambique’s private sector PMI falls to 46.4 in Dec ’24
Mozambique’s private sector faced a sharper downturn in December 2024, with the Purchasing Managers’ Index (PMI)…
Zambian private sector shows signs of recovery in Dec – PMI
Zambia’s Purchasing Managers’ Index (PMI) rose to 50.8 in December 2024, up from 49.2 in November, marking the…
Kenyan private sector growth slows in Dec ’24 – PMI
Kenya’s private sector ended 2024 with marginal growth, as the Stanbic Bank Kenya Purchasing Managers’ Index (PMI)…
S. Africa PMI dips below 50 in Dec ’24
South Africa's Purchasing Managers’ Index (PMI) slipped to 49.9 in December 2024, down from 50.9 in November,…
Nigerian private sector shows signs of recovery in Dec ’24 – PMI
The Nigerian private sector experienced a notable rebound in December 2024, with the Purchasing Managers’ Index…