- 2026 is turning out as a defining year in geopolitics, but for whom?
- Bitcoin Surges 20%: How Crypto Holders Are Exploring Cloud Mining Income in 2026
- Saudi Arabia and Tanzania pledge to deepen bilateral trade ties
- Tanzania rewrites its digital investment playbook
- Ethical sourcing boosting demand for Tanzania organic cotton
- DRC deploys 70,000 Ebola vaccine doses in high-stakes trial against deadly Bundibugyo strain
- Kenya’s private sector optimistic on growth despite inflation and geopolitical risks
- AfDB and Standard Bank ink $332 million social bond deal to fund South African SMEs
Regional Markets
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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…
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Recent Posts
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