Browsing Tag

economic

Kenyans welcome 2024 amid economic challenges


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Nairobi, the capital city of Kenya, has joined the global festivities as millions around the world joyfully welcomed the New Year with a spectacular display of fireworks and lively street parties. Despite the celebratory atmosphere,…

Kenya, EU economic partnership agreement to boost trade


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Kenya and the European Union moved closer to sealing an Economic Partnership Agreement that will grant the East African nation's exports duty-free status and unlimited access to the bloc, officials said on Monday. Both sides had…

South Africa: BRICS national security advisors discuss economic cooperation


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Top national security officials from South Africa, China, Russia, India and Brazil were set to advance among other things their common "BRICS agenda and cooperation on security-related matters", Minister in Presidency responsible for State…

West African Economic, Monetary Union ends Mali’s suspension


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The West African Economic and Monetary Union (UEMOA) that the lifting of Mali's suspension from its bodies and institutions. Since January 2022 that Mali had been suspended from the organisation to sanction the junta's intention to remain…

Zimbabwe pledges economic revival as election campaign kicks off


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Zimbabwean President Emmerson Mnangagwa vowed to do "what we can to remain in power", promising to revive an economy that has collapsed under his watch as he launched his bid for a second five-year term. Zimbabwe will hold presidential…

Canadian Minister For International Pacific Economic Development Commends MNJTF


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The Multinational Joint Task Force (MNJTF) has been applauded for its determination to flush out the remnants of the Boko Haram ISWAP Terrorists in the Lake Chad Basin region. The Canadian Minister for International Development…

Zambian President discusses debt, economic ties in France


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French president Emmanuel Macron welcomed his Zambian counterpart Hakainde Hichilema. The thorny topic of the restructuring of Zambia’s debt was among top issues since France co-chair of the Creditor Committee with China. On the sidelines…

IFAD seeks to strengthen Somalia economic


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As Somalia continues to experience a historic drought, pushing millions of Somalians into acute food insecurity the International Fund for Agricultural Development (IFAD), announced that it will substantially strengthen its support to…

Ghana increases 30% salaries amid economic woes


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Ghanaian government and trade unions have agreed to increase all public servants’ salaries by 30 percent for 2023, they said in a joint statement, as the country struggles to reduce debt and tackle rampant inflation. Trade unions…

IMF urges caution on economic reforms in sub-Saharan Africa


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The IMF has called on governments in sub-Saharan Africa to be cautious about macroeconomic reforms, as famine spreads in a region badly affected by the aftermath of Covid-19 and the war in Ukraine. "Addressing the lack of resilience to…