Monday, October 7, 2024
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Economy

Algeria officially joins BRICS New Development Bank

In a significant move that has the potential to reshape economic dynamics in the region, Algeria has been officially...

Why does Zimbabwe face power cuts?

Zimbabwe is currently facing a severe electricity crisis, with power cuts lasting up to 10 hours daily in some...

Egypt to restore oil and gas production to normalcy by 2025

With a commitment to bounce back from recent setbacks and restore its oil and gas production to normal levels...

Why does Zimbabwe face currency rollercoaster?

Zimbabwe has once again found itself embroiled in a currency rollercoaster, as the newly introduced Zimbabwe Gold (ZiG) is...

A Revival of the Keynesian Economics into the Current Kenyan Economy

The past decennium over, Kenya as a country has made consequential political and economic reforms, which have advanced perpetual...

Egypt’s inflation rate drops to 25.7% in July

In a much-needed relief for the economy, Egypt's annual urban consumer price inflation rate dropped to 25.7% in July...

World Bank pledges $1.5 billion to boost Ethiopia’s conomy

In a landmark move, the World Bank has pledged a substantial $1.5 billion in financing to support Ethiopia's economy,...

Ethiopia secures $3.4 billion financing from IMF

Ethiopia has taken a significant step towards stabilizing its economy with the approval of a $3.4 billion financing agreement...

IMF boosts Egypt’s economy with $820 million

Egypt's economy has received a significant boost as the International Monetary Fund (IMF) announced the approval of an $820...

Ethiopia’s birr plunges 30% as Central Bank devalues currency

Ethiopia is facing a significant monetary shift as its central bank devalued its currency, the birr, by a whopping...

Ethiopia moves to stabilize economy with market-based FX system

Ethiopia, a country known for its rich cultural heritage and stunning landscapes, is making headlines as it takes a...

Egypt secures $340 million to boost oil and gas industry

Egypt continues to make significant strides in bolstering its oil and gas industry, with the recent announcement of securing...