First Independent Mena Newspaper
The African Development Bank predicts the continent’s growth will be stronger-than-expected at 4% this year. Its cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies “Despite the confluence of multiple shocks, growth across all five African regions was positive in 2022- […]
Mauritania’s economic outlook is favorable due to sustained commodity prices and ongoing economic policy efforts, but there are still considerable challenges for inclusive growth, said the International Monetary Fund. “The economic recovery continues, with growth estimated at 3-3½ percent in 2017 and 2018, and moderate inflation of 2.3 percent on average in 2017”, said IMF […]
The outlook for Morocco’s crop year in 2018 is positive thanks to abundant rainfall, the agriculture ministry said in a statement. Cumulative rainfall reached 281 mm this year boding well for the yield, the statement said, adding that overall dam filling rate hit 59%. Last year, Morocco produced 96 million quintals of cereals, including 49 […]
Former Algerian Prime Minister Mouloud Hamrouche Saturday indicated that the Algerian political system outlook and social features do not allow family succession to power in Algeria as rumors indicate that incumbent ailing President Bouteflika is grooming his younger brother to take over him as head of state. “The features of the society and the Algerian […]