Kenya’s economy powers ahead to overtake Angola, as Ethiopia stretches its lead

The size of Kenya’s economy will overtake that of Angola, Africa’s leading oil producer, this year even as Ethiopia stretches its lead, according to the projection presented in the International Monetary Fund’s (IMF) latest World Economic Outlook. The IMF projects Angola’s gross domestic product (GDP) to shrink during the period, hence catapulting Kenya, whose economy […]

Morocco, USA ink 2024-2027 cooperation action plan on environment, sustainable development

Morocco and the United States have signed the fourth cooperation action plan in the fields of environment and sustainable development, covering the 2024-2027 period. The plan, initialed in Rabat on Wednesday by Minister of Energy Transition and Sustainable Development, Leila Benali, and the US Ambassador to Morocco, Puneet Talwar, aims to bolster the two parties’ […]

West Africa struggles to raise funds on regional capital market — experts

The eight member countries of the West African Economic and Monetary Union (WAEMU) are struggling to raise funds on the regional capital market, as investors demand higher interest rates amid tightening liquidity, financial market sources said. WAEMU IS an organization of eight, mainly French-speaking, states within the Economic Community of West African States (ECOWAS) which […]