FIFA-World-Cup

EAC states increase trade with Africa

While East African Community (EAC) member states are increasingly trading with one another and with other African countries, latest statistical data have shown that many other nations on the continent, such as Cameroon, still have marginal trade with Africa despite AfCFTA implementation. According to the latest data by the EAC Secretariat, the seven EAC member […]

Tunisia: sovereign credit ratings lowered

As Tunisia is at grips with a seemingly inextricable political situation, rating agencies continue to reduce its standings, in an unnecessary additional evidence that the country’s economy is not faring any better than politics.  The latest of these agencies is Standard & Poor’s Ratings Services# which lowered Tunisia’s long-term foreign and local currency sovereign credit ratings […]

Tanzania: Emmanuel Tutuba, new governor of Central Bank

Samia Suluhu Hassan, President of Tanzania, has appointed Emmanuel Tutuba as governor of the country’s central bank, in replacement of Florens Luoga, whose five-year tenure at the head of the bank came to an end. Tutuba, prior to the appointment, was the permanent secretary at the Ministry of Finance and Planning. He inherits an economy […]