Morocco looks to French as language of economic success

By Reuters,

Morocco’s economy is getting lost in translation. With so many students dropping out of university because they don’t speak French, the governmen...

French , Morocco

Uganda’s economy seen expanding at 6.3 pct in 2018/19 – IMF

By Reuters,

Uganda’s economy is expected to grow 6.3 percent in the 2018/19 (Jul-Jun) fiscal year, slightly higher than the 2018 rate, helped by robust activity...

uganda

China just quietly wrote off a chunk of Cameroon’s debt. Why the secrecy?

By CNN,

When top Chinese diplomat Yang Jiechi met Cameroon President Paul Biya in the capital Yaounde last month and wrote off a chunk of the African country'...

China quietly writes off chunk of Cameroon debt. Why the secrecy?

By CNN,

When top Chinese diplomat Yang Jiechi met Cameroon President Paul Biya in the capital Yaounde last month and wrote off a chunk of the African country'...

cameroon china debt , Paul Biya

CMA backs local currency bond issuance to hedge against volatility

By Kepha Muiruri,

The Capital Markets Authority (CMA) has backed the adoption of local currency in the issuance of government debt in the international market, this to ...

Capital Markets Authority , Central Bank of Kenya (CBK) , International Monetary Fund (IMF) , Paul Muthaura

Zimbabwe president condemns crackdown, backers raise impeachment fears

By Reuters,

Zimbabwe’s President Emmerson Mnangagwa promised action on Tuesday in response to a brutal crackdown by security forces on anti-government protester...

Nelson Chamisa , President Cyril Ramaphosa , President Emmerson Mnangagwa , Zimbabwe

Tunisia’s largest union starts nationwide strike over pay

By Reuters,

Rail, bus and air traffic stopped in Tunisia on Thursday after the powerful UGTT union staged a one-day nationwide strike to protest against the gover...

Tunisia strike

Zambia denies White House claim China taking over power utility

By Reuters,

Zambia has denied claims by a White House official that China is about to take over its state power utility to recover $6-10 billion debt, noting the ...

Amos Chanda , china , John Bolton , President Edgar Lungu , White House , Zambia

Venezuela annual inflation tops 1 million pct in November: Congress

By Citizen Reporter,

Venezuela’s consumer prices rose 1.3 million percent in the year ending in November, the opposition-controlled National Assembly said on Monday, as ...

Inflation , Venezuela

CBK Governor Patrick Njoroge appointed to UN task force

By Wycliffe Nyamasege,

United Nations (UN) Secretary-General António Guterres has appointed Central Bank of Kenya Governor Dr. Patrick Njoroge to the United Nations Task F...

central bank of kenya governor patrick njoroge , patrick njoroge , UN

Where are the women? Fewest female leaders in G20 photo

By CNN,

Friday's "family photo" at the G20 summit in Argentina marked an inauspicious moment: there were fewer female heads-of-government posing than in any o...

angela merkel , G20 summit , IMF chief Christine Lagarde

US, China agree trade war ceasefire after Trump, Xi summit

By Reuters,

China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Do...

china , Chinese President Xi Jinping , U.S President Donald Trump , U.S-China trade war , USA

Security concerns arise as Argentina hosts G20

By VOA,

Argentine authorities say that Buenos Aires will be an armored city when world leaders arrive for this week's G-20 summit. But security failures that ...

argentina , Argentine Security Minister Patricia Bullrich , Brazil President-elect Jair Bolsonaro , G-20 , U.S President Donald Trump

CBK boss rubbishes IMF report on ‘overvalued’ shilling

By Reuters,

The Central Bank of Kenya (CBK) governor Patrick Njoroge has dismissed a report by the International Monetary Fund (IMF) that the national currency is...

CBK , IMF , Kenyan currency

Russian bank: We assigned $12 billion ‘loan’ to poor African state by mistake

By Reuters,

The impoverished state of Central African Republic landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent t...

Central African Republic , IMF , Russian state bank VTB

Tunisian public workers protest over pay, more than half a million strike

By Reuters,

About 650,000 public sector workers went on strike and thousands protested across Tunisia on Thursday over the government’s refusal to raise wages a...

IMF , Iyad Dahmani , Prime Minister Youssef Chahed , tunisia

IMF says optimism in South Africa’s economic recovery fading

By Reuters,

South Africa’s economic recovery plans face serious constraints with growing debt of state firms domestically and capital outflows as a result of gl...

International Monetary Fund (IMF) , President Cyril Ramaphosa , south africa , South Africa economy

Key AstraZeneca lung cancer treatment misses study goal

By Reuters,

AstraZeneca (AZN.L) said on Friday its immunotherapy drug Imfinzi did not meet the main goal of improving survival rates for patients with the most ad...

AstraZeneca (AZN.L) , lung cancer

Wealthy Madagascar candidates woo skeptical voters trapped by poverty

By Reuters,

No matter who wins the  Madagascar presidential election next week, Soloniaina Rakotomamonjy wants the victor to bring jobs to a country shackled by ...

Andry Rajoelina , Madagascar , Marc Ravalomanana , President Hery Rajaonarimampianina , Soloniaina Rakotomamonjy , World Food Programme

Kenya likely to default on debt repayments, IMF warns

By Reuters,

Kenya's risk of defaulting on debt repayments has increased to moderate from low, the International Monetary Fund (IMF) said. IMF cited the governm...

IMF , Kenya debt to IMF , Kenya government