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Economy

AfDB will continue to promote the development and deepening of African capital markets. (Image source: Adobe Stock)

The 2022 borrowing programme of the African Development Bank (AfDB) has been approved by the board of directors for up to US$10bn to be raised from the capital markets

Economic growth is expected to reach 1.5% in 2021 and accelerate in 2022 to 3% as the recovery gains steam. (Image source: Adobe Stock)

The Gabonese authorities and IMF staff made significant progress in discussions on the actions needed to complete the first review supported by the Extended Fund Facility (EFF), and on economic policies and structural reforms that could form the basis for the programme in 2022

Ghana’s growth indicates an improvement over the past decade. (Image source: Adobe Stock)

Among the African countries with the highest GDP over time, Ghana has been ranked as the eighth biggest economy in Africa, according to the World Bank’s report

AfCFTA will provide seamless trade, travel and transport and a single African passport for all African Union member nations. (Image source: Imperial)

Imperial has launched a feature that delves into the African Continental Free Trade Area Agreement (AfCFTA) and its goal of seamless trade, travel and transport and a single African passport for all African Union member nations

One of the major milestones of 2021 was the launch of the African Continental Free Trade Area. (Image source: Adobe Stock)

Oxford Business Group (OBG) have released a review of 2021 for Africa noting that while the continent saw growth across the year, its recovery remains fragile

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