Zimbabwe will rebase its GDP following the adoption of a new currency (in February 2019), finance minister Mthuli Ncube (photo) indicated on May 15,...
89% of Sub Sahara African economies depend on commodities, the UNCTAD indicates in a report published this week. According to the institution, 60% of the...
Close to 230 million jobs will require digital competence in Sub Sahara Africa by 2030, the International Finance Corporation (IFC) indicates in a report...
The African Development Bank will this week welcome a new African Leaders for Nutrition (ALN) champion. A Bank mission is visiting Burkina Faso from 14...
Somalia’s economy could rise from 2.8% to 3% this year, the IMF estimated in a statement published on May 14, 2019. “Somalia’s economy continued to...
Algeria’s trade deficit reached $1.37 billion in Q1, 2019, according to figures published by the national institute for statistics CNIS. In Q1,...
The African Continental Free Trade Area (AfCFTA) will have a positive impact on intra-regional trade, 72 % of African CEOs think. This is the outcome...
Egypt will create seven new free zones to attract more investors and boost the country’s exports, the government revealed in a release published on May...
In Q1, 2019, some 2.506 million tourists visited Morocco, Moroccan Tourism Observatory reveals. This represents a 4.1% rise compared with the performance...
Last week, Burkina Faso and the World Bank Group signed three funding agreements worth $235 million, the country’s economy and finance minister...
Ghana will provide $1 billion for the implementation of the ongoing road projects, minister of roads and highway Kwasi Amoako-Attah (photo)...
In Libya, the national unity government (GNA) has threatened to suspend the activities of 40 European firms such as Total and Siemens operating in the...
Today 9, May 2019, Kenyan officials have started a roadshow in the USA and the UK in the framework of a $2.5 billion Eurobond, one of the banks in...
Namibia announced N$573 million (about $40 million) support to farmers and households affected by drought victims. The victims will receive food...
The Management Board of the African Legal Support Facility (ALSF) has met to review progress made in 2018 and to assess the implementation of its...
Nigeria has just approved the construction of a $3.9 billion port in Delta state, transport minister Rotimi Amaechi (photo) revealed this week in an...
In a release published on May 5, 2019, the World Bank announced a $200 million financing to support SMEs in Egypt and boost job creation for women...
Tunisia expects 9 million visitors by the end of the ongoing tourism season, the ministry of tourism indicated last weekend, according to many local...
Mozambique wants to invest $200 million to rebuild a railway link to Zimbabwe, Macauhub announced this week quoting official sources.   The...
World Bank is more than ever committed to helping Africa in its green bonds operations to help the continent adapt to climate change and reduce its...
In constant rise since 2014, Mali’s exports of goods kept its uptrend in 2018 leading to a net improvement of the balance of goods. According to the...
In Senegal, the government will now shift from a parliamentary regime with a bicephalous administration to a presidential regime. Last weekend, the...
Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources. These findings were revealed...
On May 2, 2019, the Tunisian ministry of finance introduced a set of digital services to facilitate the payment of taxes and other duties and fees by...
The 54th Meeting of the Boards of Governors of the African Development Bank and the 45th Annual Meeting of the African Development Fund, the concessional...
World Bank will provide $250 million to improve access to affordable housing in Kenya. This was announced by the Bretton Woods institution in a...
Despite austerity measures adopted in June 2018, Zambia’s 2018 budget deficit was 7.5% of GDP, above the 7% forecasted, finance minister Margaret...
In 2018, African countries’ military expenses reached $40.6 billion, a report published on April 29, 2019, by the Stockholm International Peace...
Tunisia wants to invest about $22 billion in its transportation sector in the next ten years. According to Xinhua that announced the plan on May 1,...
The African Development Fund on Tuesday approved $11.1 million to support Zambia’s public finance and economic management as part of efforts to...
Development impact on the continent and security in the Sahel were among the top issues discussed in a recent meeting between United Nations Secretary...
The construction of “Mohammed VI Tangier Tech” will not be abandoned despite the rescission of Chinese group Haite. Indeed, a memorandum of understanding...
Japan is preparing the launch of a trade insurance solution covering the entirety of exports and loans for the infrastructure sector in Africa. According...
Kenyan exports to the USA in the framework of the African Growth and Opportunity Act (Agoa) rose by 25.8% in 2018, the Kenya National Bureau of Statistics...
Every year, Nigeria loses about $29.3 billion (close to 7% of its GDP) due to power outages and poor quality of energy distribution. This was...



Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

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