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Rwanda: Economic growth revised to 10.2 percent for 2021

Rwanda’s economic growth projection has been revised upwards to 10.2 percent from a previous 5.1 percent set earlier in the year, according to the recent International Monetary Fund publication. Rwanda’s economy contracted by 3.4 percent in 2020 as a result of the covid-19 pandemic. The IMF noted that the growth...
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Growth: AfDB projects an increased in African countries

Economies of Tanzania, Kenya, Uganda and other East African countries are projected to grow by 4.1 percent this year, up from 0.4 percent in 2020, according to the African Development Bank (AfDB). The bank projects an increased growth rate in the 13 economies including Seychelles, Somalia, South Sudan, Sudan and...
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Economy: Sub-Saharan Africa to grow by 3 percent

The World Bank predicts the Sub-Saharan economy to grow by 3.3 percent after shrinking by 2 percent in 2020. The data was revealed in The Pulse, the World Bank's twice-yearly economic update for the region that was published on October 6. The economic growth will be fueled by elevated commodity...
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Morocco: growth expected to reach 3.2% in 2022

The Finance Bill (PLF) for the year 2022 is based on a growth rate of 3.2%, according to the framework note of the said project published by the head of government. "Based on the priorities of the PLF and the data of the national and international situation in connection with...
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Guinea: “robust” growth in 2021 (World Bank)

With its natural resources, Guinea, like Botswana, is projected to experience "robust" economic growth, despite the health crisis linked to the Covid-19 pandemic. This was announced by the international financial institution World Bank (WB), in its new report called Africa's Pulse of April 2021. "Resource-poor countries, such as Côte d'Ivoire...
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