wheat harvest

IMF notes ‘subdued’ growth in Sub-Saharan Africa

The IMF expects the Sub-Saharan African economy to grow by 3.6% in 2024 and 4.2% in 2025, noting that growth remains “subdued and uneven.” Resource-intensive countries continue to grow at about half the rate of the rest of the region, with oil exporters struggling the most, the IMF said in its regional economic outlook. “Factors […]

Ukraine’s foreign minister pledges to boost grain exports to Africa

Ukraine’s Foreign Minister Dmytro Kuleba has promised that his country will do all it can to send more grain to Africa, as many countries on the continent depend heavily on grain imports from Ukraine and Russia while the war between the two has disrupted global supply. As he began his African tour this week in […]

Morocco’s foreign reserves hit historic peak on tourism and investment boom

Morocco’s foreign exchange reserves reached a historic level in 2025, rising to 443.27 billion dirhams or 49 billion USD, an 18% year-on-year increase, according to the central bank. The increase was driven mainly by the strong rebound in tourism revenues and a sustained recovery in foreign direct investment (FDI), supported by higher goods exports and […]