Supported by continued recovery in agriculture, remittances, and investment, Somalia economic growth in 2024 is expected to improve by around…
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IMF expresses concern about conflicts in Ethiopia
The International Monetary Fund (IMF) echoed the recent concerns by the United States about the ongoing conflicts and violent incidents…
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US Embassy launches 4th academy of women entrepreneurs in Ethiopia
Empowering women in the economy and closing gender gaps in the world of work are key to achieving sustainable development,…
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IMF advices Nigeria to address rising food insecurity
An International Monetary Fund team, led by Axel Schimmelpfennig, IMF mission chief for Nigeria, which visited Lagos and Abuja February…
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Experts suggest how African LLDCs achieve SDGs
Multiple crises, including the COVID-19 pandemic and the current geopolitical and global macroeconomic situation have resulted in poor economic progress…
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Home-made solutions steer Africa’s transition into inclusive economy
The 42nd meeting of the Committee of Experts of the Conference of Ministers of Finance, Planning and Economic Development (COM2024)…
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Digital ID unlocks Africa’s economic value – experts
Countries implementing digital identity could unlock value equivalent to 3 to 7 percent of GDP, says statistics and data experts…
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Côte d’Ivoire secures $1.3 billion financing from IMF
Côte d’Ivoire and the International Monetary Fund (IMF) have reached a staff level agreement on a package of reform measures…
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Russian-African Club of Lomonosov MSU held conference
The Russian-African Club of Lomonosov MSU held an international conference themed: “Development of Cultural and Humanitarian Cooperation between Russia and…
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Huawei named top employer in Africa
Top Employers Institute has recently unveiled the list of certified Top Employer companies. For the fourth consecutive year, the Chinese…
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Malawi economy set to grow 3.3 percent in 2014
The economy of Malawi, which was estimated to grow less than 2 percent in 2023, is set to grown by…
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Global GDP growth to slow down to 2.4 percent
The global GDP growth is projected to slow from 2.7 percent in 2023 to 2.4 percent in 2024, according to…
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Djibouti’s growth lacks sufficient employment, IMF
The International Monetary Fund (IMF) team which visited Djibouti this week says, its debt-driven growth over the past two decades…
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Burundi economy set to grow by 4.3 percent
The economic growth of Burundi, which began recovering from 1.8 percent in 2022 to 2.7 percent in 2023, is set…
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