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 […]
Reports of a pipeline explosion in Libya sent oil prices soaring to $60 a barrel, that is a two-and-a-half year highs. The blast reportedly sidelined 90,000 barrels a day of supply in a country that produced 973,000 barrels a day in Novem-ber. A Libyan military source said earlier that armed men had planted explosives at […]
The provisional results of May 17 communal elections in Benin announced by the Electoral Commission in the early hours of Thursday show that the Progressive Union and the Republican Bloc, the two parties of the Head of State, Patrice Talon, took 77% of the 1,815 seats at stake, i.e. 1,555 seats. ‘‘La Force Cauris pour […]
