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Zimbabwe Secures $250m UK Loan – Finmin Lauds ‘Show of Confidence in Economy’

ZIMBABWE secured a $250 million loan from a UK-based fund Monday in a development finance minister Prof Mthuli Ncube described as a show of confidence in the country’s economy. The.

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Sudan’s President Sacks Entire Cabinet in Bid to Fix Economy

A presidential statement late on Sunday said that the move included a cut in the number of ministries to 21 from 31, Al-Jazeera reported. “President Omar al-Bashir has informed that.

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Algeria does not need loans, should diversify economy: World Bank

Algeria, whose oil- and gas-dependent economy has suffered from sharp falls in the oil price since 2014, has enough money and does not need foreign loans, the World Bank vice-president.

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Enterprise Singapore Identifies New Growth Opportunities in Africa’s Digital Economy & Manufacturing Industry for Singapore Companies

Singapore, Tuesday, 28 August 2018   1. Enterprise Singapore has successfully facilitated close to 50 projects for Singapore companies in Africa in the last two years. 80% of these projects.

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For the Prosperity of Global Economy, China U.S. Need Dialogue

By Chao Xiaoliang, Consul General of The People’s Republic of China in Lagos   It’s been 46 years since the United States President Richard Nixon visited China. In 1979, the.

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All you need to know about Kenya’s Economic Outlook

Months after Kenya’s high-pitched elections that saw the reelection of  President Uhuru Kenyatta, for a second term, the country’s economy is expected to rebound to 5.8 percent growth in 2018..

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Nigeria Lowers 2016 Forecast, Expects Economy to Shrink 1.3 Pct

By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s economy is likely to shrink 1.3 percent in 2016, the National Bureau of Statistics executive said on Wednesday, a sharp downward revision of.

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Nigerian Finance Minister Urges Interest Rate Cut to Help Economy

By Chijioke Ohuocha and Alexis Akwagyiram LAGOS (Reuters) – Nigeria’s central bank should lower interest rates so that the government can borrow domestically to boost the economy, which is stuck.

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UK Economy Accelerates to Fastest Growth Since 2010

Britain’s economy picked up more speed between July and September, growing at its fastest pace in more than three years and building on an unexpected turnaround that has buoyed the.

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