African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Morocco’s economic growth is estimated to have reached 1.8% at the end of the third quarter of 2022, down from the 2% recorded the previous quarter. According to a report …
Kenya Revenue Authority (KRA) employees face sacking and possible prosecution in a fresh corruption fight at the Times Tower aimed at rooting out rogue officials for defrauding the exchequer hundreds …
Huawei has doubled uptake of 5G network as demand rises among local telcos. Huawei says 12-telecom operators in 10-markets have adopted the technology over the last 3-years. Demand for fifth …
Incoming Treasury CS Njuguna Ndung’u has committed to instill sustainable reforms in his new office in a bid to stabilize the economy which has been battered by multiple shocks. Speaking …
The Government is seeking to expand tax collection by taxing every Kenyan with an ID card. President William Ruto said every Kenyan above 18-years should be issued with the Kenya …
The Electricity Sector Association of Kenya (ESAK) is banking on new measures to ensure the country achieves a 100 per cent renewable energy transition by 2030. This comes ahead of …
Morocco aims to become the most competitive decarbonized automotive platform in the world, said Minister of Industry and Trade Ryad Mezzour on Wednesday in Tangier. “Our goal is to make …
Israel’s exports to Morocco are estimated at $250 million annually, Israeli news outlet Israel Hayom reported. Data from a joint assessment between the Israeli Ministry of Regional Cooperation and the …
KCB Bank Kenya has unveiled a Sh250 billion fund for women entrepreneurs in the country in line with its role of spurring economic growth in the country. The fund which …
Impact investor responsAbility Investments AG has signed a deal worth Sh606.6 million ($5 million) with African Guarantee Fund (AGF) to insure loans issued to small businesses. The facility will increase …
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