Kenya is set to become East Africa’s largest economy by 2025, overtaking Ethiopia, according to new projections from the International Monetary Fund (IMF). The IMF forecasts Kenya’s GDP will reach $132 billion, surpassing Ethiopia’s projected $117 billion. This shift is driven by divergent economic strategies. Ethiopia’s decision to devalue its currency, the birr, by over […]
Zimbabwe has initiated ambitious plans to address its $12.7 billion external debt through a high-level conference bringing together creditors and finance executives. The meeting, featuring President Emmerson Mnangagwa and African Development Bank leadership, aims to chart a path toward clearing arrears and accessing international capital markets. The nation’s debt burden, representing 81 percent of GDP, […]
UN Secretary General António Guterres meets this Thursday Head of the UN Mission for the Sahara (MINURSO) Colin Stewart, whose mandate ends on October 31, 2021, according to UN sources. This meeting comes as the Sahara talks are at a standstill since the two round-table meetings held in Geneva more than two years ago, while […]
