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The International Monetary Fund said on Tuesday its executive board approved $3.4 billion in emergency financial assistance for Nigeria to support the oil exporter's response to the coronavirus pandemic.
According to the Agency for the Promotion of Industry and Innovation (APII), reported industrial investment increased by 23.2% to 792.2 million dinars during the first two months of 2020, compared with 590 million dinars in the same period in 2019.
The statements of Casablanca, Tangier Med, and Mohammedia ports have eliminated Moroccans' concerns about the disruption of the supply of basic commodities.
In the 2018/19 fiscal year ended June 30, Egypt's real GDP growth rate was 5.6%, higher than the previous fiscal year's 5.3%, and the World Bank attributed its growth to net exports.
Thanks to continued public investment and the expansion of the energy industry and the digital economy, Senegal's economy is growing strongly.
The African Infrastructure Consortium (ICA) announced that funding for infrastructure development in Africa reached $100 billion in 2018.
Treasury Sevretary Henry Rotich said that Kenya's economy has grown at the fastest rate in eight years in 2018 and may grow at a similar rate this year. Gross domestic product increased by 6.3% year-on-year. The improvement of agriculture and manufacturing have promoted annual gr...
Morocco uses a borderline with Europe and relatively low labor costs to build a diversified, open, market-oriented economy.
The market for logistics in Ethiopia has huge potential to become a multi billion-dollar sector that not only underpins competitiveness but also generates substantial new and high productivity jobs.