Finance

US supports increased trade with Mozambique through the AGOA act

US MozamMozambique’s Ministry of Industry and Commerce has launched AGOA Utilisation Strategy, aiming to increase trade and economic growth throughout Africa

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Senegal continues to show strong economic growth, says IMF

Dakar IMFEconomic growth in Senegal has continued to be strong, while inflation has remained low, according to the team from the International Monetary Fund (IMF), led by Michel Lazare, who visited Dakar from 26 April to 11 May 2018

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ECA Conference of Ministers calls for bold action to drive AfCFTA

ECA AFFThe potential for the African Continental Free Trade Area (AfCFTA) to become a powerful tool for driving industrialisation, economic diversification and development has been highlighted at the start of the UN Economic Commission for Africa's (ECA) Conference of Ministers in Addis Ababa (Ethiopia)

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US’s unilateral withdrawal from the Iran Nuclear Deal may heighten tensions in the region: AU Commission

mousa FakiThe Chairperson of the African Union (AU) Commission, Moussa Faki Mahamat, has expressed deep concern at the decision of the US government to unilaterally withdraw from the July 2015 Joint Comprehensive Plan of Action (JCPoA) on the Iran nuclear programme and reimpose sanctions on Iran

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Moody's expects oil price-related impact on Nigeria's economic recovery to be modest

Nigeria oilMoody's in a report said that the impact of Nigeria's economic recovery on the back of climbing oil prices would be modest and that it would continue to face fiscal pressure

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