Côte d’Ivoire secures $1.3 billion financing from IMF
Côte d’Ivoire and the International Monetary Fund (IMF) have reached a staff level agreement on a package of…
Economy
Africa’s economic reputation focus of first Africa PR
BHM Research and Intelligence (BR&I) in partnership with Magna Carta Reputation Management Consultants, has launched the maiden edition…
IMF official reflects on Cameroon economy
The Deputy Managing Director of the International Monetary Fund (IMF), Mr. Kenji Okamura, on Friday issued a statement…
Report on Africa addresses continent’s vulnerability during COVID-19
The disruptions caused by the COVID-19 pandemic pushed an estimated 55 million Africans into extreme poverty in 2020…
Key points PM Abiy of Ethiopia raised during Parliament meeting
During the 3rd urgent session of the House of Peoples’ Representatives (Ethiopian Parliament) meeting held early this week…
Ethiopian diaspora set to confer with local experts
Addis Ababa is set to host an innovative event on January 12, 2022 at Hilton Addis dedicated to…
Recent macroeconomic, financial developments in Ethiopia
Ethiopia Economic Update by African Development Bank- Ethiopia’s economy grew by 6.1% in 2020, down from 8.4% in…
African ministers discuss economic response to COVID-19
The Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, on Friday 5 February 2021 met…
Djibouti pursues its ambitious growth projects in 2021
In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti…
UN stresses need to improve poor countries’ productive capacities
Efforts to rebuild the economies of the world’s poorest nations postpandemic will fall significantly short unless their productive…
Ethiopia economy declines 11 percent by COVID-19
The economy of Ethiopia will shrink between 5.6 to 11 percent as a result of coronavirus (COVID-19) pandemic,…
African finance ministers agree to fight COVID-19 impacts
African finance ministers met in a virtual conference to exchange ideas on the efforts of their respective governments…
Ethiopia eyes becoming Africa’s prosperity icon by 2030
The government of Ethiopia has launched a homegrown economic reform, which will propel the country to become Africa’s…
Ethiopia’s bewildering economics
By Tesfu Telahoun Abebe – Third world economies frequently operate on what seems like a parallel level to…
Ethiopia’s debt surpasses $52 billion
Ethiopian government total debt from foreign and local lenders surpasses $52.3 billion, the Ministry of Finance of Ethiopia…
Angola sink deeper into debt
Angola’s is failing to control its foreign and domestic debt which is estimated at nearly $80 billion despite…
Eastern Africa gets strategy to accelerate economic transformation
The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap…
Africa Development Bank releases diagnose, fragility assessment tool
The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into…
Ministers call for bold action to drive Africa free trade
The potential for the African Continental Free Trade Area (AfCFTA) to become a powerful tool for driving industrialization,…
London to host debate on significance of Africa’s oceans
The first Africa Blue Economy Forum (ABEF) is set to be held in London in the coming June,…
Food insecurity in Ethiopia leads to inflation rise – report
Ethiopia will experience a resurgence in inflation over 2017 as food insecurity increases on the back of erratic…
Dakar set to host regional meeting on the youth
Preparations are underway for the 18th Session of the Regional Coordination Mechanism for Africa to be held in…
Youth employment training strategies in Africa needs new approach- research
Ugandan youth researcher Sarah Bafumda (right) shares information from the research behind Invisible Lives: Understanding Youth Livelihoods in…
UN agency establishes African Corridor Management Alliance
The United Nations Economic Commission for Africa (UNECA), through the African Trade Policy Centre (ATPC) is holding a…
Land grabbing main driver of conflicts in Africa, new research reveals
Sixty-three percent of disputes related to private sector land and natural resource investments in Africa began when communities…
Tunisia economy set to grow by 2.5% in 2017
With significant macroeconomic challenges, Tunisia’s economy is expected to grow up to 2.5% in 2017 from 1.3% in…
Partners launch initiative for youth in the Gambia
The European Union, the International Trade Centre (ITC) and the Government of the Gambia have launched today a…
Somalia economic growth slowing, says IMF
The Somali economy is expected to slow down with GDP growth of 3.4 percent and 2.5 percent in…
African Development Bank provides financing to Eritrea
The African Development Bank has approved a loan and a grant amounting to $7.14 million to finance the…
Coalition recommends 14 antidotes to combat illicit financial flows from Africa
A coalition of institutions against illicit financial flows (IFFs) recommended a set of actions African governments need to…