14/10 Unusually heavy rain last week
in most of Ivory Coast's main cocoa growing regions has
disturbed the development of the October-to-March main crop and
disease is spreading in some plantations, farmers said on
Monday.. . .
08/10 Nigerian President Muhammadu Buhari
presented a record 10.33 trillion-naira ($33.8 billion) budget
for 2020 to lawmakers on Tuesday as he aims to spur growth in
Africa's largest economy at the start of his second. . .
08/10 Nigerian President Muhammadu Buhari presented a record 10.33 trillion-naira ($33.8 billion) budget for 2020 to lawmakers on Tuesday, the first spending plan since his re-election in February.. . .
08/10 Botswana's economy is expected
to grow 4.3% in 2019 and 4.6% in 2020, benefiting from a
developing services sector, Deputy Secretary in the ministry of
finance, Kelapile Ndobano, said on Tuesday.. . .
07/10 Morocco's trade deficit widened by 2.4% to 140 billion dirhams ($14.5 billion) in the first eight months of 2019 compared with the same period last year, the country's foreign exchange regulator. . .
06/10 Libya's internationally recognised government said it had allocated 1.5 billion Libyan dinars ($1.06 billion) for the National Oil Corporation (NOC) to maintain oil production in 2019-2020, according to a resolution shared. . .
04/10 Ethio Telecom has appointed international consulting firm KPMG to evaluate its assets, and an advisor on the privatisation process will be appointed soon, a senior finance ministry official said on Thursday.. . .
03/10 Nigeria's FCMB said on Thursday it
was charged 14 billion naira ($46 million) for failing to meet
the central bank's minimum loan-to-deposit ratio requirement by
a September deadline, the lender told Reuters on Thursday.. . .
26/09 Ethiopia has appointed a transaction adviser in the privatisation process for state-run Ethio Telecom, and another adviser will be selected in coming weeks to oversee licensing in the telecoms sector, a. . .
26/09 Kenya's parliament rejected on Wednesday the Finance Ministry's request to scrap commercial lending rate caps, a lawmaker who was present during a vote on the 2019/20 (July-June) fiscal budget said.. . .
24/09 Ivory Coast's 2019/20 cocoa
main crop is expected to be between 1.65 million and 1.7 million
tonnes, broadly in line with the 1.66 million tonnes in the
previous season, according to a poll of. . .
23/09 Tanzania's central bank said on Monday it had fined five commercial banks over $800,000 for breaching anti-money laundering rules, the latest in a series of moves aimed at tightening regulation in. . .
21/09 Tanzania expects to raise cashew nuts production by 33.5% in the year to September 2020, helped by favourable weather conditions and increased plantings, its agriculture minister said on Saturday.. . .
19/09 Somalia's economy is forecast to grow 2.9% this year from 2.8% last year, but security risks and vulnerability to climate shocks could cloud the outlook, the International Monetary Fund said.. . .
19/09 Somalia's economy is forecast
to grow 2.9% this year from 2.8% last year, but security risks
and vulnerability to climate shocks could cloud the outlook, the
International Monetary Fund said.. . .
19/09 Kenya's finance ministry has cut the government's planned spending for the 2019/20 (July-June) fiscal year by 2.1%, equivalent to 46.2 billion shillings ($445 million), a budget review document showed on Thursday.. . .
18/09 Malawi's economy is likely to expand by 4.5% this year, the International Monetary Fund (IMF) said late on Tuesday, boosted by improved agricultural production and the rebuilding of infrastructure damaged by. . .
13/09 Zambia has cut its 2019 economic growth forecast, President Edgar Lungu said on Friday, citing adverse weather conditions that have affected crop production and electricity generation at hydropower plants.. . .
11/09 Mozambique will continue to
negotiate debt restructuring with creditors, despite a court
ruling that a government-guaranteed $850 million Eurobond issued
by the state fishing company Ematum SA in 2013 was illegal, the
finance minister said. . .
09/09 Creditors holding 99.5% of
Mozambique's Eurobond support its debt restructuring proposal,
the country's government said in a statement on Monday, paving
the way for an overhaul of part of its heavy debt burden.. . .
09/09 Malawi forecast gross domestic
product (GDP) will expand by 5% in 2019 and by 7% in 2020 as the
return of rainfall after severe drought boosts agricultural
production, Finance Minister Joseph Mwanamvekha said on. . .
04/09 Morocco's trade deficit widened by 4.3% to 122.8 billion dirhams ($12.7 billion) in the first seven months of 2019 compared with the same period last year, the country's foreign exchange regulator. . .
04/09 Kenya's private sector activity dropped in August to its lowest level since May, with cashflow problems hurting performance, a survey showed on Wednesday.. . .
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