Power shortages are having a huge negative impact on Zimbabwe, costing the country an estimated 6.1 percent of gross domestic product (GDP) per year, the World Bank said in its fourth Zimbabwe...
Economy
The African Development Bank (AfDB) has approved a loan of 81.9 million euros (89.08 million U.S. dollars) to Tunisia to improve wastewater treatment for...
The International Monetary Fund (IMF) and the World Bank have announced the approval of 4.5 billion U.S. dollars in debt relief for Somalia. In a joint...
Algeria’s Minister of Trade and Export Promotion Tayeb Zitouni declared on Saturday his country’s accession to the Guided Trade Initiative, as part...
Nigeria’s headline inflation rate rose to 28.2 percent in November, compared to 27.33 percent in the previous month, the National Bureau of Statistics...