21-Jan-2023 to 17:09
East Africa economic growth will return to pre-Covid level - AfDB
APA-Addis Ababa (Ethiopia) — East Africa’s economic growth is projected to return to a pre-pandemic level with a gross domestic product (GDP) averaging above 5 percent in 2023 and 2024, according to an African Development Bank (AfDB) report.
Read more20-Jan-2023 to 09:49
AfCFTA key in cushioning African LDCs from external shocks - ECA’s Karingi
APA-Addis Ababa (Ethiopia) — The Economic Commission for Africa (ECA) is supporting regional trade integration through the African Trade Exchange Platform (ATEX), a platform enabling bulk procurement of commodities.
Read more20-Jan-2023 to 09:34
President Ruto: Africa must take charge of its development
APA-Nairobi (Kenya) — Kenyan President William Ruto has exhorted Africa to take full charge of its development.
Read more20-Jan-2023 to 09:06
Ethiopia discovers estimated 2b barrels of crude
APA-Addis Ababa (Ethiopia) — An estimated two billion barrels of crude oil has been discovered in the Abay river basin of Ethiopia, mining sector’s top official has disclosed.
Read more19-Jan-2023 to 11:58
UEMOA estimates savings rate at 20pc of GDP
APA - Abidjan (Cote d’Ivoire) — The West African Financial Market Authority of the West African Monetary Union (AMF-UEMOA), wants to ensure financial education of the population and enable them to have a stock market culture.
Read more19-Jan-2023 to 11:51
Moroccan apex bank denies dirham depreciation
APA - Rabat (Morocco) — The Moroccan Central Bank has denied any depreciation of the local currency, the dirham, against the euro and the dollar, reports said on Thursday.
Read more19-Jan-2023 to 09:36
UAE to develop 500 MW from solar energy in Ethiopia
Ethiopia- Energy — Ethiopia has entered into an agreement with UAE’s renewable energy company Masdar to jointly develop two solar photovoltaic (PV) plants with a combined capacity of 500 megawatts (MW) in the East African nation.
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