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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
This represents a 5.5 percent year-on-year increase in trade volume
64.9 million young people worldwide were unemployed in 2023
The Ethiopian central bank has floated the birr, a crucial step for securing IMF support and progressing its debt restructuring
Rapid population doubling projected in 9 developing countries by 2054 due to very high growth rates
SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024
AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola
This marks the third straight year of growth below the pre-pandemic average of 3.2 percent from 2015-2019
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
Egypt further plans to sell more state assets, which would reduce the state's role in the economy.
During this period, Türkiye was the top importer of Egyptian merchandise exports, with imports worth $874 million
Sustained oil output, growing non-oil investments key to healthy economy