After having downgraded its sovereign debt rating to junk status at the end of March, the
rating agency Moody's reduced its growth forecasts for South Africa with an expected
contraction of GDP of 2.5% in 2020, in the wake of the economic crisis linked to the Covid-19
epidemic. Fitch and S&P Global Ratings also classify South Africa in the speculative category.
BEAC: balance sheet of 11,917 billion CFAF in 2022
At its ordinary meeting on March 15, 2023 in Yaoundé, Cameroon, the Ministerial Committee of the Central African Monetary Union...
Madagascar: USD 334 million from AfDB for food and agriculture
The African Development Bank (AfDB) is to finance Madagascar's National Pact for Food and Agriculture to the tune of USD...
Economic performance: EAC posts strong performance in 2022
The East African Community (EAC) region recorded a GDP growth of 4.5% in 2022. This was announced on March 18,...
Sahel: Olivier Dubois finally freed!
Olivier Dubois, a journalist held hostage in Mali since 8 April 2021, has been released, according to a statement from...