Despite an average annual growth in exports of 8.5% since 2010, trade between African regions remains low when compared to other parts of the world, according to The Africa Economic.
Tunisair, Tunisia’s state-owned carrier plans to lay off 1,000 employees or more than 12 percent of its full-time workforce, as part of reform plans, the Transport Minister told.
If Tunisia does not overcome its economic difficulties, an austerity programme will be inevitable next year with thousands of public sector job cuts and new taxes, prime minister-designate Youssef Chahed.
By Banabas thondhlanab, Contributor The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that.
Ghana’s producer price inflation (PPI) rose to 10.3 percent year-on-year in July from 7.6 percent the month before, driven by rising gold prices, the statistics office said on Wednesday. PPI.
The International Monetary Fund (IMF) is evaluating Ghana’s fiscal outlook for the rest of 2016 and will consider the third review of the country’s $918 million assistance programme next month.
President John Magufuli has directed the Ministry of Energy and Minerals to fast-track the construction of a Liquefied Natural Gas (LNG) plant in Lindi Region to cost 30 billion US.
Nigeria will need to combine monetary policies with fiscal and structural policies in order to overcome its worst economic crisis in decades and return to growth, President Muhammadu Buhari said.
Chinese state-owned Beijing Automobile International Corporation (BAIC) has signed a deal to invest 11 billion rand ($823.30 million) in an industrial zone in South Africa’s Eastern Cape Province, the operator.
By: Kenneth Nkemnacho, Contributor A day before putting this article together, I watched a documentary on Russia Today television channel dubbed “Kidney Valley.” On the documentary, it was puzzling.
