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Historically sidelined by bank financing, SMEs in WAEMU are now seeing credit flows shift more in their favor. Will this change mark a lasting trend? In...
The increase in net foreign capital inflows stems from the gradual reforms undertaken by the Tinubu administration to achieve an exchange rate determined...
Corruption costs Morocco about $5.09 billion (50 billion dirhams) each year, making up between 3.5% and 6% of the country's GDP, according to...
As Ethiopia works to recover from ethnic tensions and economic challenges, Taye Atske Selassie’s appointment as the country's new leader presents an...
Between 2019 and 2023, Senegal’s budget deficit averaged 10.4% of GDP, nearly double the initially reported 5.5%, while public debt exceeded 83% of GDP in...
While raising funds remains essential to finance budget deficits and infrastructure spending, the ongoing high interest rates may significantly strain...
The IMF says Ghana has successfully met its quantitative targets for the end of June 2024. Last week, the International Monetary Fund (IMF) reached a...
In Q1 2024, Togo was Benin's top customer in the ECOWAS region. However, Nigeria has since taken the lead, boosted by increased exports of various...
In 2023, Niger’s poverty rate reached 52% due to negative per capita growth and rising inflation. The World Bank estimates that 14.1 million people were...
The approach aims to speed up Rwanda's continental trade by grouping the goods of its businesses into a single shipment, thus optimizing logistics and...
The ECOWAS Development Bank prioritizes financial stability and aims to continue its operations in the region, regardless of the AES countries' plans to...
The HCP highlights that the growth in the second quarter of this year was mainly driven by domestic demand, with inflation easing during the...
The program, launched by Heva Fund and Next Narrative Africa, aims to provide up to $5 million for each African television or film project. It seeks...
The Cocoa & Forests Initiative (CFI), the largest and first sector-wide public-private partnership in the cocoa industry, has released its latest annual...
In Africa, technical and vocational education faces many challenges, especially for young people and women. Among these challenges are the mismatch...
In the face of global economic uncertainties and rising financing needs, the WAEMU states continue to turn to the regional public securities market to...
With significant mining, agricultural, and tourism potential, the Sud-Comoé region contributes over $1.7 billion to Côte d'Ivoire's GDP. From...
The mechanism created in 1997 increases the debt payment burden. It is heavily criticized by economists and developing countries. The International...
This positive momentum does not hide the challenges Côte d'Ivoire faces. High public spending, especially on infrastructure and security, still strains...
The program will support reforms to address macroeconomic imbalances, strengthen debt sustainability, and promote private sector-led growth. Yesterday,...
Strengthening bilateral relations, advancing infrastructure projects, and transitioning to clean energy will take center stage in discussions between the...
The Board of Directors of the African Development Bank Group on 20 September 2024 approved a $129.71 million loan to Tanzania for the implementation...
Zambia has faced significant tensions with mining investors between 2019 and 2021, resulting in blocked investments and a drop in copper production to...
Nigeria is currently facing devastating floods that have affected several regions. The floods have caused numerous casualties, significant property...
In 2023, the external debt of the West African Economic and Monetary Union (WAEMU) countries increased to CFA4.4 trillion, or about $7.4 billion,...
Ivorian SMEs are supported by incentives designed to boost their share of public contracts. During the first half of the year, they secured 71.1% of the...
Nigeria is set to overhaul its tax system by reducing corporate taxes and removing value-added tax (VAT) on essential goods such as food and education....
In the first half of 2024, Côte d'Ivoire granted $467 million in tax and customs exemptions, according to a government announcement made on...
The Organization expects a decrease in the country's public debt-to-GDP ratio and a continued decline in inflation this year and next. The Organization...
In Côte d'Ivoire, as in most Sub-Saharan African countries, staple crops play a crucial role in food security. In the country, this category of...
Rwanda's real GDP grew by 9.7% in Q1 2024, surpassing the 8.2% average growth rate recorded in 2023. The World Bank announced this data in a...
In 2022, the United Nations ranked Ghana among the 16 most advanced African countries in e-governance. The digitization of administrative services is a...
On September 16, 2023, Mali, Burkina Faso, and Niger signed the Liptako-Gourma Charter, creating the Alliance of Sahel States (AES). A year later, this...
During the WTO's Public Forum 2024 in Geneva, themed 'Reglobalization,' Business 20 (B20) -the official G20 dialogue forum with the global business...
The World Trade Organization (WTO) and the World Bank introduced a new initiative called the "Trade in Services for Development" during the 2024 Public...

ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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