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Tag: economy
Libya has reserves of foodstuffs enough for 3 months
On September 23, Mohammed Al-Huwaij, the Minister of Economy in the Government of National Unity, assured the public that Libya maintains a strategic reserve of ... Read More
African economy to grow 3.4% in 2024, World Bank
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
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
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
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
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
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
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
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
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