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…
Economy
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.
Lusophone Countries of Africa get development partners
The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support…
Tanzania gets $40 million support for economic reform
Tanzania’s ongoing macroeconomic reform program has received a boost from the African Development Bank through a US$40- million…
African Union launches Africa’s Development Dynamics report
Africa needs development strategies more coherent and prioritizing improved public action to stand up to the challenges of…
Dialogue on Development in Africa opens in Cairo
The High Level Policy Dialogue on Development in Africa started in Cairo Tuesday with Egypt’s Planning, Follow-up &…
Ethiopia PM calls on Diaspora to set up trust fund
The reformist Prime Minister of Ethiopia, Dr. Abiy Ahmed proposed the establishment of Ethiopian diaspora trust fund calling…
Ethiopia’s prime minister vows to fight economic sabotage
The reformist Prime Minister of Ethiopia, Dr. Abiy Ahmed vow to fight those engaged in economic sabotage following…