Africa has no excuse to remain poor, AfDB
With $6.2 trillion worth of natural resources, 65 percent of the world’s uncultivated arable land, and a vibrant…
Economy
Abu Dhabi showcases economic diversification success
Abu Dhabi is continuing to show stellar growth proof government initiatives to diversify the economy, boost the private…
Addis set to host Africa land policy conference
The capital of Ethiopia, Addis Ababa, is set to host Africa land policy conference, a forum for sharing…
Africa told to protect its interest before engaging with outside world
By Andualem Sisay Gessesse – African countries are told to protect their own interest as a continent by…
Riyadh to host Saudi-Arab-African Economic Conference
The Saudi-Arab-African Economic Conference kicks off in Riyadh this week on Thursday, 9 November 2023, at the Hilton…
African Union, Germany conclude development cooperation consultations
With new commitments of an overall amount of more than 75 million Euros in 2023, the African Union…
UN agency, partners reflect on Africa’s development priorities
The UN Economic Commission for Africa (ECA) convened a meeting with partners on 19 October 2023 in Addis…
Ethiopia not signed deal with IMF for debt restructuring
By Andualem Sisay Gessesse (Marrakech, Morocco) – Though Ethiopia is one of the few African countries applied for…
Invest in global cooperation, economic foundations – IMF
By Andualem Sisay Gessesse (Marrakech, Morocco) – The head of the International Monetary Fund (IMF) Ms. Kristalina Georgieva…
African ministers discuss comprehensive reform proposals
African Ministers of Finance, Planning and Economic Development have called for key reforms of the Bretton Woods Institutions…
IMF chief says dealing with Ethiopia’s debt restructuring appeal
By Andualem Sisay Gessesse (Marrakech, Morocco)- The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva today…
IMF advices China to change growth model
By Andualem Sisay Gessesse (Marrakech, Morocco) – The International Monetary Fund (IMF) advices China to change its development…
China’s economy decline in 2024 set to slow Africa
By Andualem Sisay Gessesse – Marrakech, Morocco – The World Economic Outlook launched today by the International Monetary…
IMF deploys $1 trillion in global liquidity, reserves
The International Monetary Fung (IMF) says it has deployed $1 trillion in global liquidity and reserve since the…
East, Central Africa experts discuss regional value chain
To discuss sub regional value chain, the Meeting of the Intergovernmental Committee of Senior Officials and Experts (ICSOE)…
Igniting transformation, bold collaborations towards unstoppable Africa
Leaders from global business, investment, government, sports, and the arts gathered in New York on Thursday, 21st September…
Senegal economy set to grow 8.8 percent in 2024
The International Monetary Fund (IMF) anticipated the economy of Senegal to grow by 8.8 percent in 2024.
IMF advises Angola to implement subsidy reform
The International Monetary Fund (IMF) advised Angola to fully implement the subsidy reform mitigation measures to support the…
Botswana growth to slow to 3.8 percent in 2023
The International Monetary Fund (IMF) says Botswana’s economic growth is expected to slow to 3.8 percent in 2023…
African solution, new world order prescribed for debt burden
By Andualem Sisay Gessesse – Dakar, Senegal – Calling for an African solution and a new world order,…
IMF reflects on Kuwait economy urging for structural reform
The Executive Board of the International Monetary Fund (IMF) reflected on the economy of Kuwait urging for a…
An economist look at Ethiopian economy, inflation
By Muluneh Gebre – Ethiopia’s macro-economic performance remains positive amid severe inflation, drought and clashes in different parts…
Africa told to regulate credit rating agencies
Africa should develop regulatory mechanisms to supervise international credit rating agencies (CRAs) to avoid erroneous assessments that discourage…
Russia launches multisectoral cooperation with Africa
By Andualem Sisay Gessesse, St. Petersburg, Russia – In an effort to enhance and strengthen the existing ties,…
Ethiopia debt service expenditure up 26 percent
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr,…
Botswana’s economy slows to 3.8 percent in 2023, IMF predicts
The International Monetary Fund (IMF) predicted Botswana’s economic growth to slow to 3.8 percent in 2023.
UN warns of soaring $92 trillion global public debt
The United Nations Secretary-General today presented the report, “A world of debt. A growing burden to global prosperity”…
Russia invites African businesses for business cooperation
By Andualem Sisay Gessesse- Ahead of the upcoming second Russia-Africa Summit scheduled to take place in St. Petersburg…
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…
African Development Bank initiative on IMF Special Drawing Rights gets support
World leaders attending this week’s Summit for a New Global Financing Pact in France praised the African Development…