Economic integration reduces multidimensional poverty in Africa
Economic integration is a game-changing reality and African countries must fully embrace it to achieve sustainable inclusive development…
Economy
Africa’s accelerated economic growth comes to an end
Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and…
Sierra Leone secures $172 million from IMF
The Executive Board of the International Monetary Fund (IMF) on Friday approved a new 43 months arrangement for…
Blue economy at center of Nairobi conference
The two-day event kicks off today with focus on the priorities and challenges of establishing a sustainable blue…
UN report examines entrepreneurship
From Zambia to Afghanistan, governments in the world’s most disadvantaged countries must prioritize dynamic enterprises and enact policies…
African Development Bank launches report on Zimbabwe’s economy
The African Development Bank (AfDB) has launched a flagship economic report on Zimbabwe, titled: “Building a new Zimbabwe:…
Equatorial Guinea growth outlook remains difficult, says IMF
While the growth outlook remains difficult, there are signs of a slight recovery of the non-oil sector in…
Gabon secures 30 million euros for special economic zone
The African Export-Import Bank (Afreximbank) in Cairo signed an agreement granting an EUR 30 million revolving trade financing…
IMF team discusses Zambia’s fiscal, debt sustainability
A team of the International Monetary Fund (IMF) staff led by Dhaneshwar Ghura discussed Zambia’s fiscal and debt…
Report advises Africa to avoid demographic time bomb
Africa could be home to a billion angry, under-fed, under-educated and under-employed children and young people by 2050,…
World Bank approves $1.2 billion to Ethiopia
The World Bank’s Board of Executive Directors on Tuesday approved $1.2 billion ($600 million grant and $600 million…
Angola sink deeper into debt
Angola’s is failing to control its foreign and domestic debt which is estimated at nearly $80 billion despite…
African leaders advised to exploit the ‘new oil’
African leaders are advised to exploit statistics, the ‘new oil’. “Statistics is the new oil that our leaders…
South Sudan secures $44 funding
The Government of South Sudan today welcomed a contribution of $43.57 million from the African Development Bank for…
Africa endorses continental report on population, development
Ministers and senior government officials-in-charge of population in Africa met in Accra, Ghana, recently and endorsed a continental…
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…
Turkey Africa strengthening economic, business ties
Africa and Turkey are holding the 2nd Turkey Africa Economic and Business Forum, which was co-organised by the…
Experts urge Africa to integrate statistics, geospatial information
The Regional Committee of the United Nations Global Geospatial Information Management in Africa (UN-GGIM: Africa) ended Thursday with…
Growth in Sub-Saharan Africa slower, says WB
Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according…
Countries showcase progress in statistical development
The 13th session of the African Symposium on Statistical Development (ASSD) kicked off on Monday in Addis Ababa…
Data revolution key to sustainable development in Africa
The success of the sustainable development agenda calls for a data revolution to support Africa’s developmental endeavors at…
Blue economy fuels Africa’s economic growth
The UN Economic Commission for Africa (ECA) expressed its full support and commitment to assist Africa utilize its…
Mauritius urges African ministers to work for inclusive development
By Omer Redi– Mauritius, the most diversified economy in the continent, urges foreign ministers from different African countries…
Bill & Melinda Gates Foundation launches report on global poverty
The Bill & Melinda Gates Foundation today launched its second annual Goalkeepers Data Report, pointing to demographic trends…
Chad to finalize industrialization, economic diversification plan
The Government of Chad says it is finalizing work on the country’s Master Plan for Industrialization and Economic…
Forum charts 3-year Africa, China cooperation plan
The 2018 Beijing Summit of the Forum on China-Africa Cooperation was held on 3 and 4 September 2018…
China extends Ethiopia’s debt settlement period
The Government China has agreed to extend debt settlement period for Ethiopia, Premier of Ethiopia said.
Experts to reflect on Africa’s Blue economy in Mauritius
The UN Economic Commission for Africa (UNECA) office for Southern Africa is set to organize the Intergovernmental Committee…
UN agency helps African countries to plan development priorities
The Economic Commission for Africa (ECA) will continue to support Member States in their quest for sustainable development…
Ethiopia captures $10 million smuggled cash
The Federal Police of Ethiopia has captured $10 million while trying to be smuggled out of the country.