Indonesia, the largest economy in Southeast Asia, is warmly welcoming African business, economic, and political leaders to participate in two significant events in its stunning cities of Bali and BSD …
Category:
Economy
Tanzanian President Samia Suluhu Hassan recently addressed the significant challenges hindering intra-Africa trade, calling for concerted efforts to remove these barriers and boost economic integration across the continent. Speaking at …
- AfricaAFRICA NEWSEconomy
IMF Projects 3% Growth for Nigeria in 2025, Outpacing Most Emerging Markets
by Editorby EditorThe latest World Economic Outlook from the International Monetary Fund (IMF) predicts a 3% growth rate for Nigeria in 2025, slightly lower than the 3.1% forecasted for 2024. However, this …
- AfricaAFRICA NEWSEconomy
CBE Governor Signs Agreement to Launch Women Entrepreneurs Finance Initiative in Egypt
by Editorby EditorThe Central Bank of Egypt (CBE) has taken a major step to enhance the financial inclusion and economic empowerment of women by officially joining the European Bank for Reconstruction and …
- AfricaAFRICA NEWSEconomy
Manufacturing, Extractive Industries Production Index Falls to 95.54 Amid Raw Materials Shortage
by Editorby EditorIn April, Egypt’s manufacturing and extractive industries production index dropped to 95.54, a decrease of 12.61% from the previous month’s final figure of 109.33. The decline, as reported by the …
- AfricaAFRICA NEWSEconomy
Egypt’s new government agenda focuses on investment, power, and public engagement
by Editorby EditorPrime Minister Mostafa Madbouly has identified key priorities, underscoring the significance of attracting foreign investment, enhancing energy security, and promoting public participation. This shift in strategic direction aims to boost …
- AfricaAFRICA NEWSEconomy
South Africa Remains on Grey List as Monaco is Added and Turkey Removed
by Editorby EditorThe Financial Action Task Force (FATF) has released its most recent revisions to the worldwide list for combating money laundering and terrorist financing, keeping South Africa on the grey list, …
- AfricaAFRICA NEWSEconomy
Nigeria Borrowed N7.71 Trillion, Not N24.33 Trillion in Q1 2024
by Editorby EditorThe Nigerian government has clarified that it borrowed N7.71 trillion in the first quarter of 2024, countering widespread reports that the nation’s borrowing reached N24.33 trillion during the same period. …
The gas export sector in Nigeria is encountering major difficulties due to a decrease in production levels and the departure of various international firms. Recent findings reveal a 25% drop …
- AfricaAFRICA NEWSEconomy
Egyptian Government to Issue Key Decisions on Electricity Crisis
by Editorby EditorThe Egyptian government is ready to unveil a set of important decisions to address the electricity crisis, aiming to stabilize the country’s power supply and tackle challenges in the energy …