The Executive Board of the International Monetary Fund (IMF) approved a two-year arrangement for Morocco under the Precautionary and Liquidity…
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UNECA celebrates 60th anniversary in Ethiopia
The United Nations Economic Commission for Africa (UNECA) on Monday celebrates its 60th anniversary in Addis Ababa, Ethiopia.
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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 and reduce…
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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 integration will…
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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 Sierra Leone…
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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 economy and…
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UN report examines entrepreneurship
From Zambia to Afghanistan, governments in the world’s most disadvantaged countries must prioritize dynamic enterprises and enact policies to help…
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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: Targeted policies…
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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 Equatorial Guinea,…
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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 facility to…
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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 sustainability. The…
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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, unless governments…
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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 credit) to…
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Angola sink deeper into debt
Angola’s is failing to control its foreign and domestic debt which is estimated at nearly $80 billion despite being the…
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