Djibouti’s Economic Growth to Slow Down to 3.5% in 2022
ADDIS ABABA – The International Monetary Fund (IMF) says Djibouti’s economic growth will slow from nearly 5 percent in 2021
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#Economic recovery
Govt: Ethiopia’s GDP to Expand by 6.6% in 2022
ADDIS ABABA – Ethiopia’s Gross Domestic Product (GDP) will expand by 6.6% this year despite various challenges facing the economy,
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Ministers to Explore Finance Options for Africa’s Recovery
ADDIS ABABA – Ministers in charge of finance, planning and economic development, will explore financial options for economic recovery in
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Optimism abounds as Eastern Africa’s Economic Recovery Gathers pace
ADDIS ABABA – Optimism abounds as the economy of East Africa sub, which shrunk for the first time in a
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Afreximbank, ITFC Sign $250 Million Finance Facility to Support Africa
ADDIS ABABA – African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC) on Wednesday signed a $250
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International community Must act to Avert Two-speed Global Economic Recovery post Covid-19
ADDIS ABABA – Heads of international development institutions held a closed-door session with German Chancellor Angela Merkel on Thursday to
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Mastercard Foundation Partners Africa CDC to Deploy $1.3bln to Save Lives
ADDIS ABABA – The Mastercard Foundation announced on Tuesday it will deploy $1.3 billion over the next three years in
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European and African Leaders Call for a New Deal for Africa
In one year, the pandemic has halted a quarter-century of steady economic growth in Africa, disrupted value chains, and caused
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Opinion: Three Steps towards More Resilient and Inclusive Post-COVID-19 Economies
ADDIS ABABA – In the year since COVID-19 hit, economies across Africa have experienced a dramatic slowdown. Even countries with
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Amid Recession, Sub-Saharan Africa Poised for Recovery
ADDIS ABABA – Economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the
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