GDP growth Stories
CoB Margaret Nyakang’o said the unpaid bills are causing “liquidity challenges, potential business closures, job losses, and increased government expe...
The Somali state collapsed as a cohesive national entity in 1991. The military government that had been in power since 1969 was overthrown by armed op...
World Bank pegs the shortfall to the occurrence of political violence on the continent, which increased about eightfold between 2000 and 2023, and wit...
East Africa’s projection is an upgrade from 4.4 per cent in the previous year, with the lender backing agriculture and services sectors as the main dr...
Ethiopia plans to reach a deal with bilateral creditors by year-end, the Fund said, followed by a deal with its Eurobond investors.
According to the report, his annual earnings of Sh19,800,000 translate to 1,993 per cent of Kenya’s per-capita GDP, which stood at Sh811,615 in 2023.
Tthe IMF has lowered Kenya's GDP growth forecast for the country to 5.0 per cent.
The macroeconomic indicators generally showed mixed performance in the period under review.
Mogadishu has been undergoing an economic renaissance few would have imagined five years ago.
The World Bank attributes the downgrade to the continued struggle with weak government balance sheets, partly from low revenue collection and high deb...
Somalia's gross domestic product growth pace has been set at 3.7 per cent, compared to 3.1 per cent last year, while Ethiopia's was 7.0 per cent, 0.2...
