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Africa Economics

South Sudan President Will Deliver Keynote Address at Africa Oil & Power 2017

The conference will also host a special Market Spotlight session on South Sudan which will feature Minister of Petroleum Ezekiel Lol Gatkuoth alongside key industry leadership to discuss developments in the industry H.E. General Salva Kiir Mayardit, President of the Republic of South Sudan, will present opening speech on June …

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SimbaPay launches mobile money transfer service to Ghana and Uganda

Techstars alumni, SimbaPay announces the addition of Ghana and Uganda as remittance destinations on its international digital money transfer platform SimbaPay (www.SimbaPay.com) – a London based digital money transfer provider – today announced the launch of its money transfer service to Ghana and Uganda. Using the SimbaPay app or website, …

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IMF Executive Board Completes First and Second Reviews of Guinea-Bissau’s Arrangement Under the Extended Credit Facility, and Approves US$6.9 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the first and second reviews of Guinea-Bissau’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement.[1] Completion of the reviews enables the disbursement of SDR 5.112 million (about US$6.9 million), bringing total disbursements under the …

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IMF Executive Board Completes Third Review under the PSI for Senegal and Concludes 2016 Article IV Consultation

Program performance through September 2016 has been satisfactory Growth is expected to exceed 6 percent in 2016, while inflation remains low The financial sector should play a stronger role in supporting private-sector led growth The Executive Board of the International Monetary Fund (IMF) completed the third review of Senegal’s economic …

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Top statisticians device strategies to strengthen economic statistics

Africa’s top statisticians met in Grand Bassam, Cote d’Ivoire to discuss the status and challenges of producing economic statistics in Africa and to take stock of the various efforts underway in modernizing official statistics. Organized by the African Union Commission (AUC) and the Economic Commission for Africa (ECA), in collaboration …

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A call to arms underlines the opening of the Africa Trade Facilitation Forum

Africa’s lack of trade facilitation measures has long been bemoaned for the huge cost burden associated with the process of moving goods The Africa Trade Facilitation Forum segment of the ongoing Africa Trade Week opened here today with a rallying call to urgently address trade facilitation gaps that impact on …

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Fact sheet: Eight Years of Progress on Financial Inclusion

Access to safe and affordable financial services enables individuals and  families to transfer money and make payments; save to manage income volatility; achieve specific goals; build long-term financial security; use credit to take advantage of opportunities like starting a business; and insure themselves against life’s many risks.  Progress on financial …

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Mediterranean Dialogues: Rome is the hub for reviewing strategies

The second edition of the MED (Mediterranean Dialogues) Forum, organised by the Ministry of Foreign Affairs and International Cooperation and ISPI (Institute for International Political Studies), will be held in Rome from today, 1 December, to Saturday, 3 December. It will count on the presence of more than 40 heads …

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ECA urges Africa to push ahead with Continental Free Trade Area

The Africa Trade Forum ended in Addis Ababa Wednesday with Economic Commission for Africa’s Coordinator, David Luke, of the African Trade Policy Centre (ATPC) urging participants to act on conclusions reached in discussions this week as the continent seeks to meet its October 2017 deadline for the implementation of the …

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