Economy

Kenya’s Meru county to benefit from UN-Habitat’s finance development

Signature 1The UN-Habitat has committed to supporting the county government of Meru in Kenya with a grant for collaboration on Municipal Finance, financed by the Swedish Development Agency (SIDA)

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AfDB approves US$4.8mn grant to accelerate African free trade

afdb trade 11aAfrican Development Bank (AfDB) has approved an institutional support grant of US$4.8mn to the African Union (AU) to accelerate the momentum of the African Continental Free Trade Area Agreement (AfCFTA)

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Growth in SSA remains below three per cent: World Bank

World bank digitalGrowth in sub-Saharan Africa has been downgraded to 2.3 per cent for 2018, down from 2.5 per cent in 2017, according to the April 2019 issue of Africa's Pulse, the World Bank's bi-annual analysis of the state of African economies

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Siemens launches data visualisation project in Accra

FABRIC EdmundSiemens has launched a data visualisation project called FABRIC at the German Africa Business Summit in Accra, demonstrating how crucial data is in transforming Africa’s urban centres into smart cities of the future

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IMF worries about elevated public debt in Mozambique

maputo 28mAn International Monetary Fund (IMF) staff team led by Ricardo Velloso visited Maputo from 13–27 March 2019, to conduct the Article IV consultation mission

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