Africa
South Africa holds rate but bank’s model points to looming cut
The South African Reserve Bank has frozen its key interest rate for now, but a cut could be on the…
Ghana 2018 growth tops IMF forecast and is set to quicken
Ghana’s slower economic growth in 2018 beat the International Monetary Fund’s forecast, and may set the scene for the West…
Moody’s projects higher economic growth rate for Nigeria than South Africa in 2019
With a projection of continued economic recovery in the region for the 2019 year, Moody’s, a ratings and research based…
Anger, despair in Zimbabwe as receding economy shatters Zimbabwe’s post-Mugabe prosperity hopes
Hopes of an economic revival in Zimbabwe lie in tatters 14 months after President Emmerson Mnangagwa took office, as the…
South Africa’s Economy Emerges From First Recession in Decade
South Africa emerged from its first recession in almost a decade in the third quarter as recoveries in manufacturing and…
AfDB approves €235.8m loan for Kenya’s dam
The African Development Bank (AfDB) has approved two loans worth €235.763 million to the Kenyan government for the construction of…
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