The 2007-2009 global recession brought many changes to the world’s economy: Output slowed, unemployment rose, and financial institutions all over the world wrestled with the threat…
Author: Nasir Agbalaya
According to the Reserve Bank of Zimbabwe, by the 10th of August, it had sold 4 475 gold coins for a total of $3.7 billion, 90%…
The $640 million rehabilitation of Sudan’s railway network has received Chinese support, and the country is moving through with the enormous project despite an economic crisis…
Governor John Rwan-go-mbwa announced the rise in the key policy rate from 5% to 6% in Rwanda’s capital Kigali. This brings the total number of rate…
Egypt’s cabinet said on Thursday it approved a plan to ration electricity usage aimed at saving natural gas resources for export to generate hard currency.According to…
The Central Bank of Kenya (CBK) stated in its July 2022 financial stability report that the prognosis for the Kenyan banking industry in 2022 is stable…
Egypt’s Egyptian National Railways (ENR) signed an agreement with Spanish train manufacturer Talgo to produce and supply seven luxurious sleeper trains, according to an official statement…
Crude oil prices rose by over 1% on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring gas…
In a press release, Telecom Egypt stated that it has reached a business deal with Orange Egypt for national roaming services.Through the five-year contract, Telecom Egypt…
An economic downturn, known as a recession, is when the GDP declines steadily for two or more consecutive quarters, a reality associated with less to nill…