The IMF predicts that Sub-Saharan Africa will have six of the top-10 global economic performers in 2024, offering hope for the region.
economic growth
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In a landmark move, the Africa Private Sector Summit (APSS) has urged African governments to adopt a Charter on Private Sector Bill of Rights (PSBoR), aiming to create a more …
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Somalia has achieved a landmark debt cancellation deal with international lenders, paving the way for the war-torn nation to access financial markets and attract investment after decades of economic stagnation. …
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A recent study conducted by the Center for Global Development has unveiled a challenging outlook for African nations aiming to replicate East Asia’s success in industrialization as a means …
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Society
Thai Central Bank Chief Cautions on Global Risks, Middle East Conflict; Policy Rate Holds Steady
Bangkok, Oct 28 – Thailand’s central bank governor, Sethaput Suthiwartnarueput, has stated that the current policy rate is well-suited for the country’s economy. However, he also emphasized the bank’s readiness …
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Former Finance and Industry, Trade, and Investment Minister, Olusegun Aganga, has called for urgent, cohesive action from the Nigerian government to harness the potential benefits of the African Continental Free …
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Zimbabwe’s government has set a deadline of December 2025 to phase out the use of the US dollar in the economy, but many citizens and businesses are reluctant to embrace …
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South Africa’s government has unveiled a bold plan to boost its economy by handing over most of the responsibility for its struggling rail and port sector to the private sector. …
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The International Monetary Fund (IMF) has slashed Nigeria’s projected economic growth by 0.3%. As unveiled in the ‘2023 World Economic Outlook’ during the ongoing annual meetings in Marrakech, Morocco, the …
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According to a new report by the World Bank, Africa is showing resilience and optimism in the face of a global economic slowdown. The report, titled Africa Pulse, ranks the …