Ghana’s economy declines for the first time in 40 years
ACCRA (9News Nigeria) – Ghana’s economy contracted for the first time in almost four decades in the second quarter, by an annual 3.2%, hit by Read more
African Economy
PRESIDENT BUHARI HAILS AFDB PRESIDENT, AKINWUNMI ADESINA ON CLEARANCE BY INDEPENDENT PANEL
President Muhammadu Buhari warmly rejoices with President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, on the clearing of all allegations against him by Read more
“Nigerians Are Taking Over Our Economy” – Kenyan Professor, Iraki Reveals
XN Iraki, an Associate Professor at the University of Nairobi, Kenya, has expressed concerns over Nigeria’s growing influence on the Kenyan economy. Professor Iraki, in Read more
AS ECOWAS COVID-19 CHAMPION, PRESIDENT BUHARI DEMANDS ECONOMIC RECOVERY PLAN
President Muhammadu Buhari has charged the ECOWAS Commission to come up with an economic recovery plan to help member-states to recover from the economic devastation Read more
World Bank approves $1 billion funding for Kenya budget support
NAIROBI (9News Nigeria) – The World Bank has approved a $1 billion loan for Kenya to help it close a gaping budget deficit and tackle Read more
Zimbabwe pleads with IMF, foreign lenders to prevent coronavirus “catastrophe”
HARARE (9News Nigeria) – Zimbabwe is headed for a health and economic catastrophe from the coronavirus pandemic because its debt arrears mean it cannot access Read more
Africa could lose 20 million jobs due to coronavirus pandemic – AU study
JOHANNESBURG/ADDIS ABABA (9News Nigeria) – About 20 million jobs are at risk in Africa as the continent’s economies are projected to shrink this year due Read more
BREAKING:South Africa enters recession, again Nigeria emerges Africa’s biggest economy
Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years. South Africa’s Gross Domestic Read more
W’Africa Single Currency: A Journey to Nowhere?
Obinna Chima wonders if West African countries can ever meet the target of adopting a single currency in the region, especially with January 2020 no Read more
The IMF signals urgent alarm over South Africa’s economy
KEY POINTS A report issued by the IMF on Monday following a recent research mission predicted that on current policies, the medium-term growth outlook would Read more
