Latest News for: African economic outlook

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El Nino crisis occurring more frequently and violently, exacerbating risks: ARC CEO

Independent online (SA) 23 Apr 2024
ARC president and CEO, Dr ... The International Monetary Fund (IMF) had already warned last week that risks to the sub-Saharan African economic outlook were tilted to the downside as a result of the impact of the El Niño-induced drought ... BUSINESS REPORT .
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IMF warns of El Niño drought’s impact on growth outlook in sub-Saharan Africa

Independent online (SA) 22 Apr 2024
THE International Monetary Fund (IMF) has warned that risks to the sub-Saharan African economic outlook were tilted to the downside as a result of the impact of the El Niño-induced drought.
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IMF disbursement ‘expected’ despite creditor deal delays

B & FT Online 22 Apr 2024
Speaking at the release of the Regional Economic Outlook for sub-Saharan Africa, Abebe Aemro Selassie, Director of the IMF’s African Department, provided an update on Ghana’s protracted ...
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Fitch Ratings revises China’s credit outlook

Independent online (SA) 11 Apr 2024
... downgraded China’s credit outlook ... Anchor Capital investment analyst Casey Sparke said a worsening economic outlook for China could have several negative implications for the South African economy.
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Budget 2024: Sugar industry cautions that hike in health levy will decimate jobs

Independent online (SA) 21 Feb 2024
Meanwhile, the South African Sugar Association (Sasa) said South Africa’s medium-term economic growth outlook remained constrained by the inadequate electricity supply and freight rail capacity, as well as a weaker global outlook.
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Africa dominates list of the worlds 20 fastest-growing economies in 2024 —AfDB macroeconomic report

B & FT Online 20 Feb 2024
Africa’s Macroeconomic Performance and Outlook, a biannual publication released in the first and third quarters of each year, complements the existing African Economic Outlook (AEO), which focuses on ...
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Africa dominates list of the world’s 20 fastest-growing economies in 2024-African Development Bank..

Business Ghana 19 Feb 2024
Africa’s Macroeconomic Performance and Outlook, a biannual publication released in the first and third quarters of each year, complements the existing African Economic Outlook (AEO), which ...
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SA misses Africa’s growth boom amid local challenges

Independent online (SA) 19 Feb 2024
SOUTH Africa is missing out on Africa’s growth boom as the Africa Macro-Economic Performance and Outlook (MEO) report by the African Development Bank (AfDB) released on Friday said Africa would ...
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Komolafe: Nigeria Gradually Reversing Investment Decline in Oil, Gas Industry

This Day 19 Feb 2024
The report is a biannual publication released in the first and third quarters of each year and complements the African Economic Outlook, AfDB ‘s annual flagship publication ... economic developments.
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DION GEORGE: DA’s commitment to social grants is a step ahead of the ANC

Business Day 30 Jan 2024
What South Africans are not being told is that if the outlook for growth remains weak and tax administration reform remains at a near standstill, the country’s fiscal position will deteriorate further unless extended spending cuts are realised.
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IMF: Six African Countries among Top Ten Global Economic Growth Spots in 2024

This Day 26 Jan 2024
The IMF economic outlook revealed that the smaller-sized African economies were expected to contribute significantly to the overall growth trajectory, compensating for the subdued performances of ...
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Stears Unveils Comprehensive Africa 2024 Outlook: East Africa Leads Growth, Economic Challenges Persist In Nigeria ...

MENA FN 15 Jan 2024
(MENAFN - African Press Organization) Stears ( ), a leading economic analysis and data-driven insights provider, has unveiled its much-anticipated 2024 African Outlook Report, delivering nuanced ... .
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UN: Nigeria’s Ballooning Public Debt, Inflation, Rising Living Cost Risks to 2024 Growth Prospects

This Day 08 Jan 2024
... average, the UN report added that external conditions are projected to remain unfavourable for the African economies due to a weak global economic outlook and limited external financing opportunities.
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Empowering African Tech Founders with Mentorship, Funding, Resources

This Day 16 Dec 2023
The 2023 African Economic Outlook published by the African Development Bank Group recently disclosed that multiple shocks, including disruptions to global supply chains and a tightening of global ...
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World Bank urges Zimbabwe to accelerate economic reforms amid subdued economic outlook

Xinhua 13 Dec 2023
13 (Xinhua) -- Zimbabwe's medium-term outlook points to subdued economic growth which requires continued implementation of economic reforms, the World Bank said Wednesday ... Its economic outlook, ...

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