Economy
Fitch Projects Decline in Angola’s Public Debt-to-GDP Ratio
Fitch Ratings anticipates a reduction in Angola's public debt, projecting a decrease from 73.7% of GDP...
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Biden Announces $560m Investment in Lobito Corridor During Angola Visit
US President Joe Biden has pledged more than $560 million towards the Lobito Corridor infrastructure project...
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Ngozi Okonjo-Iweala Secures Second Term as WTO Chief
The World Trade Organization (WTO) has reappointed Dr Ngozi Okonjo-Iweala for a second term as Director-General,...
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South Africa Records Lowest Consumer Inflation Rate Since 2020
South Africa’s consumer inflation has reached its lowest level in over three years, with October’s consumer...
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Biden Announces $4 Billion US Commitment to World Bank Fund for Impoverished Nations
US President Joe Biden has pledged an unprecedented $4 billion to the World Bank’s International Development...
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African Debt Premium Declines as Investor Sentiment Remains Cautious
The premium on African sovereign debt over US Treasuries has recently eased to a five-year low,...
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South Africa’s Unemployment Rate Declines as Economic Conditions Improve
In a noteworthy turn for South Africa’s economy, the unemployment rate has decreased for the first...
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Rwanda’s Economic Growth to Reach 8.3% in 2024, IMF Projects
Rwanda’s economy is forecast to expand by 8.3% this year, driven by robust performance in the...
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Tanzania Strengthens Regional Energy Security with Zambia Grid Interconnector
Tanzania is advancing efforts to fortify regional energy security by building a grid interconnector with Zambia,...
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WTO Director-General Calls for Constructive Engagement to Overcome Stalemates in Key Trade Negotiations
Director-General Ngozi Okonjo-Iweala has urged members of the World Trade Organization (WTO) to remain constructive and...
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