The Democratic Republic of Congo has submitted an application to become a member of the East African Community (ECA), president Félix Tshisekedi announced...
Ethiopia will record a 9% economic growth during the 2019/2020 fiscal year, finance minister Ahmed Shide (photo) indicted before the national assembly on...
In Tunisia, trade deficit reached TND8.10 billion ($2.66 billion) in the first five months of 2019, according to figures published by the national...
Mauritius should record 4.1% growth during the 2019/2020 (July-June) financial year, finance minister Pravind Jugnauth (photo) indicated on June 10, 2019,...
Uganda plans to invest $205 million to upgrade an old railway line linking its capital Kampala to Malaba, a town at the border with Kenya. This was...
Central Africa stands to benefit the most from the African Continental Free Trade Area (AfCFTA), data from the African Development Bank shows.
Hanan...
Equipping and empowering young people with requisite skills will be a game changer for Africa’s economic progress, social development and well-being. This...
Currently, there are 34 poor countries (with annual per capita income equal or below $995), the World Bank group indicated in a report published on...
In a research report published on June 10, 2019, Moody’s lowered South Africa’s 2019 economic growth forecast by 0.3% to 1%.
"The quarterly...
Every year, 91 million Africans eat poor quality foods that make them sick. This was revealed by the World Health Organisation in a release published this...
The initiative Climate Research for development (CR4D) in Africa announces that a first group of 21 African scientists will each receive a grant of...
Africa’s pharmaceutical market is one of the fastest growing in the world and is predicted to reach $60 billion by 2020. Local production therefore...
Namibia’s GDP should contract further this year due to low rainfall and a decrease in diamond production, the IMF indicated on May 5, 2019, without key...
The International Finance Corporation (IFC) announces the creation of a green bond fund targeting “real economy” issuers in emerging markets. Created in...
An international pledging conference to finance the reconstruction of parts of cyclone-hit Mozambique took place in the city of Beira on 31 May and 1...
The world 200 largest firms by market capitalisation in the world could lose $1,000 billion to climate change in the coming five years. This is one...
In Nigeria, Lagos wants to increase its sustainable investments. In that regard, it has joined the Financial Centres for Sustainability network...
On May 31, 2019, Standard & Poor’s published its first-ever short and long term credit rating for Togo’s debts denominated in local and foreign...
The Central Bank of Kenya (CBK) will introduce new banknotes, Patrick Njoroge (photo), the governor, announced last weekend.
According to the official,...
The European Union (EU) will raise €99.5 million to support the most vulnerable communities in the Horn of Africa. This was announced by the European...
“When you put your forces together, you can achieve the critical mass to be solid player on the global scene,” African Development Bank's Chief Economist...
The ECOWAS Bank for Investment and Development (EBID) has just launched a bond issuance operation. The aim of this operation, approved by the regional...
Ghana will integrate climate action into its development agenda, president Nana Akufo-Addo (photo) informs.
The official indicates that the Paris...
Germany recently suspended financing of $106 million in favour of Uganda, the German ambassador in the country Albrecht Conze revealed last...
Mali will introduce a 0.2% tax on eligible imports to fund the African Union (AU)’s budget. On May 24, 2019, during a ministerial council, a draft bill...
The Debt Management Office (DMO) of Nigeria just announced the future issuance of up to NGN15 billion ($41.6 million) in green bonds to fund...
Angola will privatise some of its airports by end of this year, transport minister Ricardo de Abreu (photo) indicated last week.
According to the...
In South Africa, the carbon tax law has been signed after years of delays. In its first phase (June 1, 2019, to December 2022) the tax will be ZAR120...
Uganda’s economy should grow by 6.3% during the 2019-2020 fiscal year, Daily Monitor announced citing the 2019-2020 finance act draft.
This should be due...
In Burkina Faso, the parliament has approved an $8 million funding project to boost the country’s climate resilience. This funding was donated by...
For the first time since 2015, Zambia central bank has raised its benchmark rate by 50 basis points to 10.25%. This was revealed by the bank’s governor...
The Tunisian chamber of deputies has finally approved the issuance of an $800 million Eurobond. This was announced by the deputy Rim Mahjoub on May...
Nigeria will ratify the Continental free trade zone agreement once the report of its impact on the national economy is approved by president Muhammadu...
Egypt’s public debt culminated to $339 billion at the end of the 2018 fiscal year, the central bank indicated on May 21, 2019.
During the period...
Ghana has signed a partnership agreement with Ethiopian Airlines to launch a new public airlines company. This was announced by Tewolde Gebremariam...
Côte d’Ivoire’s economy should rise from 7.4% in 2018 to 7.5%, finance minister Adama Koné (photo) indicated on May 17, 2019.
During a conference on...
Live News
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Togo: Foreign direct investments rise for the second consecutive year
05:57
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Togo joins OECD’s development centre
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Ethiopia : New telecom licenses to be delivered by end 2019
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Swedish IT firm Norrsken enters the Rwandan market
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Cameroon: Public investment fell 76.5% in Q1 2019
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Cameroon: Victoria Oil and Gas’ average gas production reached 8.5mln mmscfd as at Jan. 19, up 51% from Q4 2018
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AgDevCo partners with Root Capital to invest $5 mln in Kenyan macadamia sector
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Equity Bank authorized to open a representative office in Ethiopia
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European chamber of commerce of Togo officially launched
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123 European firms registered in Togo last year
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