🇪🇹 Ethiopia secures $13 billion in investments as chinese firm
Ethiopia has secured a remarkable $13 billion in fresh investment commitments, with a single Chinese enterprise pledging $10 billion—a development tha...
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🇳🇬 Naira strengthens to N1,355/$ despite decline in external
Nigeria's currency market delivered a surprising rally on Friday as the naira strengthened to N1,355.25 per US dollar at the official central bank win...
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🇪🇬 Egypt's new Cabinet of ministers: priority to strengthening
Egypt's cabinet reshuffle marks a critical inflection point for the region's largest economy and a bellwether for European investors navigating North ...
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🇱🇾 Libya approves first unified budget in 13 years after US
Libya has achieved a landmark political milestone that could reshape investment opportunities across North Africa. For the first time in over a decade...
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🇪🇬 IMF approves $2.5B fifth, sixth reviews of Egypt’s economic
Egypt's International Monetary Fund program has reached a critical inflection point. The multilateral lender has approved the fifth and sixth reviews ...
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🇪🇬 IMF approval signals sustained confidence in Egypt's
Egypt's economic stabilization effort has reached a critical milestone with the International Monetary Fund's approval of $2.5 billion in combined fif...
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🇪🇬 Egyptian economy displays signs of stabilization; reforms
Egypt's macroeconomic stabilization programme is entering a decisive phase. After years of currency volatility, inflation pressures, and capital contr...
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🇳🇬 Manufacturing sector VAT revenue surges 46% to N1.17
Nigeria's manufacturing sector has emerged as an increasingly robust revenue engine for the federal government, with Value Added Tax (VAT) contributio...
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🇪🇬 BMI forecasts stronger economic performance in coming
Egypt is positioning itself for accelerated economic expansion, with Business Monitor International (BMI) forecasting real GDP growth of 4.7% in the f...
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🇰🇪 Contradictions in rural economies 13 years into devolved
Thirteen years into Kenya's devolution experiment, a troubling disconnect has emerged in rural economies across the country. While household income da...
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🇲🇦 Akhannouch Says Morocco on Track to Create Over 1 Million
Morocco's government has announced an ambitious employment creation target, projecting the addition of over one million jobs by the end of 2026. While...
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🇪🇬 Egypt’s GDP to grow 4.6% in FY 2025/26: Reuters Poll
Egypt's economy is entering a critical inflection point. According to a Reuters poll of economists, the North African nation is projected to achieve 4...
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🇪🇬 Egypt climbs five spots in Fitch’s Economic Openness Index
Egypt has improved its standing in Fitch Ratings' Economic Openness Index, advancing five positions in the latest assessment. This development marks a...
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🇪🇬 Global climate finance flows reach $1.3T in 2021/22,
The global climate finance landscape has undergone a dramatic transformation, with total flows reaching $1.3 trillion during 2021-22—a significant upt...
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🇳🇬 Tinubu vows to ease Nigerians’ hardships amid Middle East
President Bola Tinubu's recent public acknowledgment of Nigeria's economic pressures signals a critical moment for the continent's largest economy and...
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🇸🇳 Middle East, Senegal, growth… Africa’s agenda at the IMF
** Africa's economic trajectory is increasingly commanding attention at the highest levels of global financial governance. The International Monetary...
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🇿🇦 COST OF LIVING CRUNCH: Food or paraffin? SA’s poorest
South Africa's energy affordability crisis has reached a breaking point. In a single month, paraffin prices more than doubled, forcing millions of the...
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🌍 Despite Benin's economic boom, poverty persists
Benin's economy has become one of West Africa's darlings, with GDP growth consistently outpacing regional peers and attracting international capital f...
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🇿🇦 South African rand weakens on geopolitical tensions, local
The South African rand weakened against major currencies in early trading this week, extending a pattern of volatility that reflects both domestic eco...
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🇪🇬 Egypt and World Economic Forum launch ‘Closing the Gender
Egypt has officially partnered with the World Economic Forum to establish the "Closing the Gender Gap Accelerator," marking the first deployment of th...
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