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    14-Mar-2018 to 17:37

    President admits South Sudan is broke

    APA-Juba (South Sudan) — President Salva Kiir has made a surprise admission that his government lacks money to run the country, pointing out that the Central Bank as the main currency regulator and custodian of cash reserves is broke.

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    14-Mar-2018 to 14:46

    East Africa is Africa's best economic performer - Report

    APA-Addis Ababa (Ethiopia) — The East Africa sub region recorded Africa's best economic performance in 2017, the 2018 African Economic Outlook reported on Wednesday.

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    14-Mar-2018 to 14:36

    Kenya: IMF approves request to extend standby credit facility

    APA-Nairobi (Kenya) — The International Monetary Fund (IMF) has approved Kenya’s request for a six-month extension of the country’s stand-by credit facility of $1.5 billion, to allow additional time to complete outstanding reviews.

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    14-Mar-2018 to 13:33

    Swaziland apex bank slashes 2018 growth forecast

    APA-Mbabane (Swaziland) — The Central Bank of Swaziland (CBS) on Wednesday forecast economic growth of 1.3 percent for 2018, significantly lower than an initial projection of 2.8 percent.

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    14-Mar-2018 to 10:35

    Congo to commercialize meat industry on a large scale

    APA-Brazzaville (Congo) — Congo Republic is moving toward the large-scale commercialization of beef and ostrich meat production by the end of 2018.

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    14-Mar-2018 to 10:27

    Senegal: France injects over 100b FCFA into agriculture

    APA-Dakar (Senegal) — The French Development Agency (AFD) has injected some 150 million euros (100 billion CFA francs) into Senegal’s agricultural sector since 2012, French ambassador Christophe Bigot said Tuesday evening in Dakar.

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    13-Mar-2018 to 20:14

    South Sudanese leader fires Finance minister

    APA-Juba (South Sudan) — South Sudan’s President Salva Kiir has sacked the Minister of Finance and Economic Planning, Stephen Dhieu Dau.

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