Most Recent World News

EGYPT: Economic Growth Rate to Reach 5 Per cent in 2018 – IMF Official

The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour has said the economic growth rate in Egypt is expected to exceed.

  • 0

Tanzania Tops the List of Inclusive Economies in Africa

The Annual World Economic Forum (WEF), Davos Switzerland, has listed Tanzania as top in inclusive economy among African countries in 2018. Inclusive growth is economic growth that creates opportunity for.

  • 0

Zimbabwe is World’s Second Largest Informal Economy – IMF

The International Monetary Fund (IMF) has recognized Zimbabwe as the largest informal economy, second to Bolivia. In a working paper titled, “Shadow Economies Around the World: What Did We Learn.

  • 0

China, Nigeria bilateral trade hits $11.2b

The trade and economic cooperation between China and Nigeria prospered with bilateral trade hitting $11.2 billion in the first 10 months of 2017. The figure put the growth rate at.

  • 0

Kenya attracts foreign investor, firm to boost oil transportation

Total SA has committed to invest in the Lokichar-Lamu pipeline, boosting Kenya’s efforts to develop its own oil fields and realize its ambition of joining the league of oil exporters..

  • 0

SOUTH AFRICA: Lagarde, Ramaphosa discuss reforms to aid job creation in South Africa

IMF’s Chief, Christine Lagarde, disclosed to the press that she had met with South African Vice-President, and ANC Leader, Cyril Ramaphosa, on the sidelines of the World Economic Forum in.

  • 0

AU to launch Single Air Transport Market

The African Union Commission is set to launch the first AU Agenda 2063 Flagship project, the Single African Air Transport Market (SAATM). This is set to take place at the.

  • 0

Market Analysts Predict Bullish Future for Nigeria’s Real Estate Investment Trust (REITs)

  The Nigerian REITs market is underdeveloped – making it a choice location for foreign investors. With a total market capitalization of $151 million, or 0.36% of the local stock.

  • 0

Ghana to top the US, China and UK in 2018

Ghana is tipped to lead top-ranked global economies as the fastest growing economy in 2018 with a growth rate of 8% as a result of increased oil and gas production,.

  • 0

Nigerian Government records continuous Economic Growth

The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), further dropped to 15.37 per cent in December 2017 from 15.90 per cent recorded.

  • 0