Economy
2021 Visa Openness Index calls for easier travel
Opening up Africa’s borders to travel will drive investment and an economic rebound, according to the authors of the 2021 Africa Visa Openness Index
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AfDB approves line of credit of US$79mn and US$24mn equity investment to West African Development Bank
The African Development Bank (AfDB) board of directors has approved a line of credit of approximately US$79mn and an equity investment of US$24mn, to be granted to the West African Development Bank
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AfDB approves 2022 borrowing programme
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
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IMF staff completes mission for the first review of extended fund facility for Gabon
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
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Ghana is eighth biggest economy in Africa: World Bank
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
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- Tanzania’s GDP poised to top 8% in five years
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