Economy

East African economies to enjoy sustained economic growth

panbankEthiopia, Kenya, Tanzania and Uganda are East Africa’s economic powerhouses and are enjoying significant economic growth, with GDP forecasted to grow by between 5.2 per cent and 8.5 per cent in 2018, according to Ecobank’s the newly published East Africa section of AfricaFICC

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East African countries continue to offer highest rewards for investors

control riskEthiopia, Tanzania, Kenya and Uganda offer investors a rewarding score above the African continent’s average, according to the 2018 Africa Risk-Reward Index from Control Risks and Oxford Economics

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Ghana committed to strengthening new business opportunities

Ghana businessThe government of Ghana is committed to strengthening business opportunities for private sector enterprises to accelerate economic growth and development across the region

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South Africa committed to develop steel industry to save jobs

SA steelThe South African government will continue to work with the steel industry towards averting job losses in the sector

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Moody's downgrades Gabon on debt repayment worries

IMF HQ Gabon StoryMoody's downgraded Gabon's sovereign debt rating for the second time in 12 months to Caa1, citing liquidity pressures which are making debt repayment tougher

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