Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and integration will ensure sustainable growth and development across the continent, says renowned economist.
The Executive Board of the International Monetary Fund (IMF) on Friday approved a new 43 months arrangement for Sierra Leone under the Extended Credit Facility (ECF) for SDR124.44 million (about US$172.1 million).
The two-day event kicks off today with focus on the priorities and challenges of establishing a sustainable blue economy and its contribution to the implementation of the 2030 Agenda for Sustainable Development, including maritime safety and security.
From Zambia to Afghanistan, governments in the world’s most disadvantaged countries must prioritize dynamic enterprises and enact policies to help them thrive, create jobs, innovate and transform the economy, according to a new UN report.
The African Development Bank (AfDB) has launched a flagship economic report on Zimbabwe, titled: “Building a new Zimbabwe: Targeted policies for growth and job creation” which aims to support renewal and transformation of the country.
While the growth outlook remains difficult, there are signs of a slight recovery of the non-oil sector in Equatorial Guinea, said the International Monetary Fund (IMF).
The African Export-Import Bank (Afreximbank) in Cairo signed an agreement granting an EUR 30 million revolving trade financing facility to Caisse des Dépôts et Consignations du Gabon (CDC Gabon).
A team of the International Monetary Fund (IMF) staff led by Dhaneshwar Ghura discussed Zambia’s fiscal and debt sustainability. The team visited Lusaka, Zambia last week from November 5–9, 2018 also discussed on recent economic developments and prospects.
Africa could be home to a billion angry, under-fed, under-educated and under-employed children and young people by 2050, unless governments wake up early, says a new report.
The World Bank’s Board of Executive Directors on Tuesday approved $1.2 billion ($600 million grant and $600 million credit) to Ethiopian government from the International Development Association (IDA).
Angola’s is failing to control its foreign and domestic debt which is estimated at nearly $80 billion despite being the second largest oil producing country in Africa and the continent’s third strongest economy.
African leaders are advised to exploit statistics, the ‘new oil’. “Statistics is the new oil that our leaders must, henceforth, harness to engineer business processes on the continent,” said Oliver Chinganya, Director of the African Centre for Statistics (ACS) at…
The Government of South Sudan today welcomed a contribution of $43.57 million from the African Development Bank for the implementation of the country’s Short-Term Regional Emergency Response Project (STRERP).
Ministers and senior government officials-in-charge of population in Africa met in Accra, Ghana, recently and endorsed a continental report of the five-year review of the implementation of the Addis Ababa Declaration on Population and Development (AADPD).
The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap for accelerating regional integration in the Region with regional infrastructure development among the main pillars of the plan.
Africa and Turkey are holding the 2nd Turkey Africa Economic and Business Forum, which was co-organised by the African Union Commission and the country’s Ministry of Trade.