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In Q1 2024, Nigeria's GDP growth dropped to 2.98% from 3.46% in Q4 2023, according to the National Bureau of Statistics. The International...
In the first quarter of 2024, France emerged as Nigeria's largest trade partner, surpassing Spain and the United States for the first time in recent...
The Board of Directors of the African Development Bank Group approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help...
The Democratic Republic of Congo (DRC) aims to invest 4202.4 billion Congolese francs ($1.5 billion) from its own funds in 2024. This move is part of a...
South Africa's tourism industry is on the rise following a significant downturn due to the COVID-19 pandemic. The World Travel and Tourism Council (WTTC)...
Burkina Faso's external debt increased by 4.4% to reach CFA3,097.52 billion ($5.1 billion) at the end of March 2024, up from December 2023, according to...
Côte d'Ivoire plans to spend $11.7 billion on servicing domestic debt between 2024 and 2026, according to official data consulted by Ecofin Agency....
South Africa has witnessed an increase in the frequency of extreme weather events in recent years, exacerbated by the cyclical meteorological phenomenon...
Botswana's economic growth is projected to slow to 1% in 2024, down from 2.7% in 2023, the International Monetary Fund (IMF) reports following a two-week...
The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive food importation...
In recent years, Côte d’Ivoire has launched several initiatives to enhance healthcare access and ensure the continuous availability of essential medicines...
Guinea's National Transitional Council (CNT) has approved a €60 million ($65.03 million) loan from the French Development Agency (AFD). Several...
On July 8, 2024, the International Monetary Fund (IMF) approved a $60.03 million disbursement to Mozambique under the fourth review of the Extended...
The UK-Rwanda migration partnership, intended to send asylum seekers arriving illegally in the UK to Rwanda, has been canceled. British Prime Minister...
The Confederation of the Alliance of Sahel States (AES) is set to focus on economic, social, and infrastructure development, as well as counter-terrorism...
The Senegalese government has launched an initiative to modernize its public services, necessitating an update in the skills of state workers. On July 1,...
The downward trend in fundraising by African startups continues, though sectors like transportation, logistics, and fintech remain strong, with the "Big...
In Burkina Faso, where insecurity heightens the risk of food scarcity, the government has decided to bolster one of its key food stock management...
Ethiopia is negotiating a $10.5 billion loan with the International Monetary Fund (IMF) and the World Bank, Prime Minister Abiy Ahmed announced on...
Loan and investment guarantees act as a powerful catalyst in mobilizing essential capital to stimulate economic growth and improve public services in...
The World Bank's 14th economic analysis of Côte d’Ivoire highlights the challenges and opportunities tied to the country’s climate ambitions. Despite...
Niger is grappling with acute food insecurity affecting over 3.4 million people, according to the World Bank. To address this crisis, the institution has...
Denis Sassou N'guesso, President of the Republic of Congo, began an official visit to Russia on June 25, 2024. This visit focuses on vital areas of...
The International Monetary Fund (IMF) announced that Zimbabwe's new gold-backed currency has stabilized the nation's economy. This currency, introduced in...
Considered by the Fraser Institute as West Africa’s most attractive mining jurisdiction, Côte d'Ivoire pulls in new investors who eye its important yet...
Morocco's GDP is projected to grow by 2.8% in 2024 and accelerate to 4.5% in 2025, according to a June 25 statement from the Central...
Côte d'Ivoire is set to receive a $570 million loan from the International Monetary Fund (IMF) as part of ongoing economic programs. This...
Nigeria has added more than $5 million to its foreign reserves through a national gold purchase program. This initiative, which involves buying gold...
Niger has swiftly mobilized more than CFA645 billion ($1 billion) since April 2024 as international donors resume cooperation with the country, which...
The International Monetary Fund (IMF) announced on June 21 that its Executive Board approved two aid programs worth a combined $658 million for...
The International Monetary Fund (IMF) announced yesterday it has approved $935.6 million in funding for Tanzania to support economic reforms and...
After the Central African Republic, Mozambique sought Rwanda's help in 2021 to restore security in a strategic province for exploiting natural gas...
Facing rising interest rates and growing financing needs, WAEMU countries are increasingly adopting medium-term debt management strategies (MTDS) to...
Côte d'Ivoire's economy will continue to show resilience over the coming years despite regional and international shocks, President Alassane Ouattara said...
Southern Africa remains the main driver of intra-African trade, accounting for 41.4% of all trade between the continent's countries over the past...

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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