Ethiopia, Kenya, Tanzania and Uganda are East Africa’s economic powerhouses and are enjoying significant economic growth, with GDP forecasted to grow by between 5.2 per cent and 8.5 per cent in 2018, according to Ecobank’s the newly published East Africa section of AfricaFICC
Finance
East African countries continue to offer highest rewards for investors
Ethiopia, Tanzania, Kenya and Uganda offer investors a rewarding score above the African continent’s average, according to the 2018 Africa Risk-Reward Index from Control Risks and Oxford Economics
Ghana committed to strengthening new business opportunities

Ghana is new destination for international companies to accelerate business. (Image source: jbdodane/Flickr)
The government of Ghana is committed to strengthening business opportunities for private sector enterprises to accelerate economic growth and development across the region
South Africa committed to develop steel industry to save jobs

South African government is taking initiatives to support the steel industry. (Image source: Foto-Rabe/Pixabay)
The South African government will continue to work with the steel industry towards averting job losses in the sector
Moody's downgrades Gabon on debt repayment worries

Low oil prices have hurt Gabons economy. (Image source: International Monetary Fund/Wikimedia Commons)
Moodys downgraded Gabons sovereign debt rating for the second time in 12 months to Caa1, citing liquidity pressures which are making debt repayment tougher