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Africa
An easing of the Gulf crisis is the moment to move Africa’s fertiliser security agenda from emergency response to structural transformation: an affordable, climate-smart,…
Zhu Ruowan, the Editor, CGTN Global Business, argues that China’s…
When governments across East Africa talk about economic diversification, tourism…
The Economic Community of West African States (ECOWAS) boasts of some of Africa’s largest economies,…
Africa is huge continent with untapped potential. With the rest of the world opening up…
2022 has been a mixed bag of fortunes for the East African Community (EAC) as…
According to the Central Bank of West African States (BCEAO), growth should accelerate in the WAEMU economic region in the medium term. The increased production in the tertiary and secondary sectors remains crucial. These sectors should benefit from controlling the current health crisis in the Union and the continued implementation of the NDPs.
Growth in the Union is expected to drop from 6 per cent in 2021 to 5.9 per cent in 2022 before settling at 7.2 per cent in 2023. The contribution to growth from the tertiary sector should stand at 3.5 per cent in 2023, up by 0.3 points compared to 2022. The contribution of the secondary sector should grow by 0.9 points between the two years to settle at 2.6 per cent in 2023.
Economies the world over have made significant recoveries from the effects of the Covid-19 pandemic,…
Should a common currency in the EAC come to fruition, the trade will be fueled…
