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Egyptian Inflation Slowed for First Time Since July
Egypt’s inflation slowed after three months of acceleration, despite a recent cut in fuel subsidies.
Annual consumer prices in urban areas rose 25.5% in November...
World Bank Cuts Kenya’s 2024 Growth Estimate To 4.7% On Fiscal Challenges
The World Bank has downgraded Kenya's economic growth estimate for this year to 4.7% on from an initial 5.0%, citing the impact of floods,...
Moroccan Tourism Sets New Record with Nearly 16 Million Visitors in 2024
Morocco received a record 15.9 million tourists in the first 11 months of this year, surpassing the total in the entire previous year, the...
Swedfund And IFU Commit $44m To South African Renewable Energy Firm
Sweden’s development finance institution Swedfund and the Danish Investment Fund for Developing Countries are each investing $22m in equity to support Southern Africa renewable...
Ethiopia Restores Electricity After Six-Hour Nationwide Blackout
Ethiopian Electric Power Authority announced has restored electricity after a six-hour outage hit the country on Saturday .
The authority stated that power was gradually...