IMF cuts Botswana’s 2024 growth forecast sharply
Falling diamond sales widen the budget deficit, prompting the IMF to advise slowing infrastructure spending.
IMF cuts Botswana’s 2024 growth forecast sharply Read More »
economic growth
Morocco’s growth forecast dips despite rate cut
The move aims to stimulate economic growth, but a decline in farming output could lead to a slowdown.
Morocco’s growth forecast dips despite rate cut Read More »
Botswana’s growth decreases due to diamond slump
A slump in diamond sales raises concerns, prompting the central bank to suggest a downward revision.
Botswana’s growth decreases due to diamond slump Read More »
Uganda shifts debt strategy, aims to curb commercial loans
Despite debt worries, Uganda unveils an ambitious budget focused on infrastructure development
Uganda shifts debt strategy, aims to curb commercial loans Read More »
High borrowing rates cripple Africa’s development, leaders say
Facing high debt and unfair borrowing costs, African leaders urge reform of the global financial system.
High borrowing rates cripple Africa’s development, leaders say Read More »
Guinea adjusts 2024 growth target after pandemic
The Prime Minister attributes this to lingering pandemic effects, rising global tensions, and a domestic oil terminal incident.
Guinea adjusts 2024 growth target after pandemic Read More »
IMF: Senegal must control spending to meet deficit target
The IMF revised Senegal’s 2024 growth forecast down to 7.1% due to a slow first quarter caused by elections and gas production delays, but the new government remains committed to the IMF program.
IMF: Senegal must control spending to meet deficit target Read More »
Kenya gets $500M Samurai bond from Japanese insurer
President Ruto’s Japan visit yields a historic $500M Samurai bond agreement, marking a strategic move to strengthen Kenya’s financial position.
Kenya gets $500M Samurai bond from Japanese insurer Read More »
US top diplomat Blinken shifts focus to Africa amid global power shifts
Sub-Saharan Africa takes center stage in Blinken’s tour, focusing on shared values and confronting global power rivalry.
US top diplomat Blinken shifts focus to Africa amid global power shifts Read More »
Kenya’s Ruto in regional trip, eyeing investment boost
President Ruto tackles infrastructure concerns, empowers youth, and attracts foreign investment in Nakuru and Nyandarua.
Kenya’s Ruto in regional trip, eyeing investment boost Read More »