Botswana, one of Africa’s most stable and prosperous nations, has unveiled an ambitious budget for the 2024/25 fiscal year, aiming to boost economic growth, create jobs and diversify its diamond-dependent…
economy
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Morocco has achieved a remarkable economic recovery in 2023, thanks to a surge in tourism and a decline in energy imports, according to the latest report from the foreign exchange…
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Mozambique’s central bank has announced a surprise cut in its key interest rate, the first since the global pandemic in 2020, in a bid to stimulate economic growth and recovery.…
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Nigeria’s central bank has pledged to clear a foreign-exchange backlog estimated at about $5 billion within a short space of time as it seeks to attract investment back into the…
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Nigeria’s new central bank governor, Olayemi Cardoso, has unveiled his ambitious plans to tame the country’s soaring inflation and boost the value of its currency, the naira. Cardoso, who took…
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Gabon, a small oil-rich country in Central Africa, is facing a critical moment in its history as a team from the International Monetary Fund (IMF) is expected to visit the…
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The Suez Canal, one of the world’s busiest waterways and a vital source of income for Egypt, has seen a sharp drop in revenue after a series of attacks by…
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Nigeria is in talks with the World Bank to secure up to $1.5 billion of budget support to help ease a severe dollar shortage that has contributed to the naira’s…
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Nigeria, Africa’s largest economy and most populous nation, is facing a severe cost of living crisis as inflation reached a record high of 28.92% in December 2023, the highest…
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Ghana has reached a landmark agreement with its official creditors to restructure its debts and ease its financial burden. The deal, which was announced on Wednesday, is a key step…