The Egyptian energy sector represents 13 percent of the gross domestic product (GDP) positioning as one of the main factors driving economic and social development, according to the Information and …
GDP
-
AfricaBusinessEconomyEgyptEnergyNewsNorth AfricaNorthern Africa
-
Ghana’s economy grew by 4.8 percent, year-on-year, in the second quarter of this year largely due to the manufacturing and crop and cocoa sectors, the Ghana Statistical Service (GSS) has …
-
AfricaAFRICA NEWSBuildingEconomyNewsSouth AfricaSouthern Africa
South Africa’s GDP shrinks as load shedding continues to hurt the economy
After a surprise growth in the first quarter of the year, South Africa’s gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022, Statistics South Africa reported …
-
AirtelBanking, Finance & InvestmentEastern AfricaEconomy
Kenya’s Third GDP is handled by Mobile money agents in six months
One in every three shillings spent by consumers, businesses, and the government in Kenya in the first six months of the year moved through mobile money, cementing the country’s position …
-
Nigeria’s gross domestic product (GDP) grew by 3.54 percent year-on-year in real terms in the second quarter of 2022. The development is an improvement from the 3.11 percent growth recorded …
-
BusinessEconomyGlobal NewsUncategorized
IMF Cuts Global Growth Outlook Warning High Inflation Browbeat Recession.
The International Monetary Fund (IMF) cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy …
-
Uncategorized
Nigeria to receive 1.29 billion euros as support from the European Union (EU) to economy.
Nigeria will receive 1.29 billion euros ($1.3 billion) as support from the European Union (EU) to help diversify its economy away from oil. According to Reuters, a document from the EU on …