Economy

Africa’s economic growth slows due to high inflation

africa pulseAfrica’s economic growth is slowing as countries continue to contend with rising inflation, hindering the progress on poverty reduction

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PIC leads infrastructure investment via AFC

AdobeStock 71938625The Public Investment Corporation (PIC), which has more than US$150bn in assets under management, has planned an inaugural investment in the Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider

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Zambia takes progressive steps to meet long-term financial needs

AdobeStock 309049683A statement by the Creditor Committee for Zambia has been welcomed by the IMF and the World Bank as an important step towards reducing Zambia’s debt

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AfDB to boost Kenya’s economic recovery

AdobeStock 319539774The board of directors of the African Development Bank Group (AfDB) has approved a EU€89mn (approx. US$90mn) loan to bolster the economic recovery of Kenya

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ECOWAS to bat for improved regional stability

ECOWAS meetEconomic Community of West African States (ECOWAS) and its member states’ ambassadors are mulling to chart a way forward for regional stability, peace and security

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