Archives des Economy - Ecomnews Afrique

La sélection d'Ecomnews Afrique #Economy

Sub-Saharan Africa is expected to grow by 4.2% in 2025,…

Declining inflationary pressures and easing financial conditions are expected to gradually reduce financing costs in the region, but political and climate risks could weigh on the region’s economic outlook.

23 January 2025
- #Kenya
- #Economy
Kenya: UK announces $5.2 million in Nairobi to set up…

3 December 2024
Nigeria: Nigerian President Bola Tinubu has announced a USD 1.3…

28 July 2024

Nigeria: National programme to purchase gold from domestic producers boosts the Central Bank's foreign exchange reserves by more than $5 million

Central banks buying gold from local producers has been a successful strategy in African countries for some years now. It enables these institutions to strengthen their foreign exchange reserves and improve the effectiveness of their monetary policies.

13 July 2024
- #Africa
- #Economy
Sub-Saharan Africa has recorded a peak in internal displacements, totalling 19.5 million people in 2023, or 42% of the world total, compared with 16.5 million in 2022.

According to the IDMC, conflict and natural disasters remain the main drivers of internal displacement in sub-Saharan Africa. In 2023, these factors caused the displacement of 13.5 and 6 million people respectively in the region.

26 May 2024
- #Africa
- #Nigeria
- #SouthAfrica
- #EconomicAnalysis
- #Economy
- #IMF
Africa: What is the ranking of African economies? Which African countries come out on top?

The game of musical chairs at the top of the ranking of economic powers in Africa is essentially driven by strong currency devaluations, the persistence of high inflation and the rise in hydrocarbon prices.

3 May 2024
- #Africa
- #Debt
- #EconomicAnalysis
- #Economy
- #Society
Africa: African public debt will remain above its pre-pandemic level in 2024 and 2025 forcing them to collaborate with international donors to fight against it overindebtedness

Shaken by a succession of exogenous economic shocks such as the covid-19 pandemic, the war in Ukraine and the rise in interest rates on international markets, African countries have seen their average debt-to-GDP ratio reach 62.5%. at the end of 2022.

21 March 2024
Africa : Fundraising carried out by African start-ups recorded a drop of 36% in 2023 to stand at $3.2 billion

Kenya, South Africa, Egypt and Nigeria will account for nearly 75% of total fundraising on the African continent in 2023. Fintech companies remain the best funded start-ups.

21 January 2024
Africa: Economic growth expected to slow to 2.5% in 2023 compared to 3.6% in 2022

Economic growth in sub-Saharan Africa is expected to slow this year according to the World Bank, due to weak growth in the largest economies in this geographical area, namely South Africa, Nigeria and Angola.

11 November 2023
Africa: Average economic growth in sub-Saharan African countries is expected to fall to 3.3% in 2023 from 4% in 2022, before rising to 4% in 2024

The institution emphasizes that the decline in regional growth during the current year reflects the worsening of weather shocks, the slowdown of the global economy and domestic supply problems, particularly in the transport sector. 'electricity.

11 November 2023