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Kenya and South Africa are advancing towards cashless economies, with projections indicating that Kenya will run out of cash machines in 28 years and South Africa in 32. Factors such …
Kenya and South Africa’s Journey Towards Cashless Economies Read More
South Africa plans to increase health and defense budgets and raise VAT by 0.5% following cuts to U.S. aid. An additional 28.9 billion rand ($1.5 billion) is designated for health …
South Africa’s Budget Plans Amid U.S. Aid Cuts: Health, Defense, and VAT Increase Read More
Ghana will receive US$1.32 billion from the IMF and World Bank, covering 35% of its 2025 budget deficit. US$720 million will be from the IMF Extended Credit Facility, and US$600 …
Ghana Secures $1.32 Billion from IMF and World Bank to Mitigate Budget Deficit Read More
According to the Absa Kenya Economic Overview, Kenya faces significant economic challenges in 2025, including geopolitical tensions, rising global commodity prices, and trade disruptions. Inflation trends and changes in advanced …
Absa Economic Overview Highlights Risks to Kenya’s Economy in 2025 Read More
The Ghanaian government has allocated US$279 million to the Ghana Gold Board to aid in gold purchases and exports. An additional GH¢13.85 billion has been earmarked for the Big Push …
Ghana’s 2025 Budget Allocates US$279 Million to Gold Sector Development Read More
Ghana plans to formalize the export of workers to create legal employment opportunities, curb illegal migration, and increase remittances. Finance Minister Dr. Cassiel Ato Forson outlined this initiative during the …
Ghana’s Initiative to Export Workers: A Strategy to Combat Illegal Migration and Boost Economy Read More
Kenya and Hungary are set to sign two Memoranda of Understanding to enhance collaboration in Education and Agriculture. Foreign Affairs Cabinet Secretary Musalia Mudavadi will represent Kenya during his visit …
Kenya and Hungary Prepare to Sign Education and Agriculture Agreements Read More
Brazil has secured a US$247 million investment plan for reforestation and sustainable development, approved by the CIF. The plan includes funding from the CIF, Climate Fund, and World Bank, aimed …
Brazil Secures US$247 Million for Reforestation and Sustainable Development Read More
Tunisia plans to increase phosphate production to 14 million tonnes annually by 2030. Decisions made at a cabinet meeting include upgrading production facilities, establishing new units for phosphate processing, and …
Tunisia Aims to Enhance Phosphate Production to 14 Million Tonnes by 2030 Read More
Zimbabwe is striving to join BRICS to enhance its economic growth, according to Minister Amon Murwira, who emphasizes the need for international cooperation in areas like education and technology. He …
Zimbabwe Pursues BRICS Membership for Economic Development Read More