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China will provide Africa with RMB360 billion of financial support in the next three years, including RMB 210 billion in credit lines
Between 2000 to 2023, Chinese lenders provided 1,306 loans amounting to $182.28 billion to 49 African governments and 7 regional borrowers
The 400-rack capacity facility is expected boost DRC's digital landscape
The move aims to enhance natural resource management and disaster preparedness
The Ethiopian central bank has floated the birr, a crucial step for securing IMF support and progressing its debt restructuring
Initiative includes building state-of-the-art data center campus in Olkaria, Kenya
Africa's transformation is crucial for the continent to catch up with other regions globally
Potential shocks to agriculture, global food prices and oil production remain a risk to Nigeria's growth
Kenya's private sector 12-month outlook rebounds as business confidence strengthens
AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola
Eurobond debt now accounts for 44 percent of Africa's total debt
SCZONE inked 14 agreements with major Chinese companies to boost investment
Adesina said the devastating African drought demands urgent, collective action to boost support and financing
This represents a key condition for Egypt's $8 billion loan program signed with the IMF
The report predicts an 18.1 percent average annual headline inflation rate
Agreement addresses major obstacle to the project's final investment decision
On a month-on-month basis, consumer inflation was 0.8 percent in March, down from 1.0 percent in February
Maait highlighted that Egypt is on track to achieve financial stability after facing a severe economic crisis
Egypt further plans to sell more state assets, which would reduce the state's role in the economy.
IMEP to prevent the misuse of tax expenditures, facilitate access to data
During this period, Türkiye was the top importer of Egyptian merchandise exports, with imports worth $874 million
Libya's crude oil output reached 1.24 million barrels per day (bpd) in March 2024
Enhancing Egypt as a strategic offshoring destination and building a digital society
Egypt is committed to its net zero and green energy transitions
