Tag: economy

African economy to grow 3.4% in 2024, World Bank

April 9, 2024

African economy is expected to grow by 3.4% this year and 3.8 in 2025, said the World Bank, noting that the rate was not enough ... Read More

Morocco’s economy grows 2.9% in 2024 first quarter despite drought

April 8, 2024

Morocco’s economic growth stood at 2.9% in the first three months this year, despite drought that undermined agricultural production. Led by domestic demand, non-agricultural growth ... Read More

BTI Report 2024 sheds light on Morocco’s economy, investment strategy and international leverage

March 28, 2024

The Moroccan economy has been opening up, leading to the development of new sectors such as aerospace and automotive industry, says the 2024 Bertelsmann Transformation ... Read More

South Africa economy edges on recession in Q4

March 5, 2024

The mining sector has helped the South African economy avoid recession with a growth of 0.1% in the fourth quarter. The rate is not enough ... Read More

Rabat and Moscow Discuss Bilateral Ties and Upcoming Russia-Africa Summit

July 20, 2023

The Moroccan-Russian relations and the 2023 Russia-Africa Summit due in St. Petersburg July 27-29 were at the center of talks held Wednesday in Moscow between ... Read More

IMF Chief Impressed by Morocco’s Economic progress

June 22, 2023

The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of ... Read More

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

April 15, 2023

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 ... Read More

Botswana hikes 2022 economic growth forecast to 6.7% in review

February 7, 2023

Botswana's government has revised upwards its 2022 economic growth forecast to 6.7% from an earlier estimate of 4.2 per cent, the country’s Finance Minister Peggy ... Read More

Uganda’s thriving financial sector ranked no.1 in East Africa

October 18, 2022

Uganda is running an economy with the most developed financial sector in East Africa, which is only the latest feat that depicts a major milestone ... Read More

State of Angola’s economy taking centre stage in the polls

August 24, 2022

After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most ... Read More