The International Monetary Fund has granted Kenya an extension of its standby facility, giving the country additional time to finish oustanding reviews of an IMF-supported program
Economy
Africa driving its own development agenda: Standard Bank
In Africa today, local capital markets, domestic institutions and favourable demographics are converging, thus contributing to the growth prospects across the continent, according to Standard Bank
South Africa to study implications of Trump's trade tariffs on steel, aluminium
The South African Government said it was studying the implications of the US President Donald Trump’s announcement to impose import tariffs on steel and aluminium articles
A new framework for the US-Africa relations
As the US secretary of state Rex Tillerson begins his first trip to Sub-Saharan Africa as secretary, beginning 6 March 2018, he focused on various issues aiming to strengthen the US’ trade and investment ties with the continent
Kenya’s annual GDP to rise about six per cent in few years: IMF
A staff team from the International Monetary Fund (IMF), led by Benedict Clements, visited Kenya from 19 February to 2 March 2018, to conduct the 2018 Article IV consultation and discuss about IMF support to Kenya including the authorities’ request for an extension of the current SBA