Homepage - Ecofin Agency
L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Intra-African Trade Share Up 1% in H1 2024, WTO Reports
3 days ago · The World Trade Organization (WTO) released its updated global trade outlook on October 10, with mixed news for Africa. While the continent's overall export growth forecast was lowered, there was a positive shift in intra-African trade. The share of intra-African trade in Africa's overall trade rose from 11% to 12%...
Côte d'Ivoire Anticipates $825mln from IMF Following Successful …
3 days ago · Since May 2023, Côte d'Ivoire has been benefiting from an IMF EFF/ECF agreement, supplemented by RSF financing. From September 23 to October 9, an IMF mission evaluated the progress of ongoing reforms in the country. Côte d'Ivoire is set to receive about $825 million from the International Monetary Fund (IMF)...
Mali Sets $135mln for Election Expenses in 2025 Budget
3 days ago · Last May, participants in Mali's national dialogue suggested extending the transition by three more years and allowing Colonel Assimi Goïta, the current transitional president, to run in the presidential election. Mali plans to allocate CFA80.75 billion (around $134.8 million) for election expenses as part of its 2025 budget, according to...
European Carbon Tax Could Cost Africa $25 Billion Annually, …
4 days ago · In December, the African Development Bank (AfDB) urged for Africa to be exempted from the European Carbon Border Adjustment Mechanism (CBAM) due to the risks it poses to the monetization of valuable exports, such as hydrocarbons. The African Petroleum Producers Organization (APPO) has voiced strong opposition to the European Union’s...
Foreign Capital Flows to Nigeria Surge 177% in H1 2024
The increase in net foreign capital inflows stems from the gradual reforms undertaken by the Tinubu administration to achieve an exchange rate determined by market forces. Nigeria saw …
Morocco Allocates Over $24mln to Boost Digital Innovation
5 days ago · The startup ecosystem in Morocco has seen significant growth in recent years. In 2023, their funding reached $111.2 million, compared to $7.6 million in 2022, according to the Global Startup Ecosystem Index 2023. Morocco has set aside 240 million dirhams ($24.4 million) to boost demand for innovative digital services and...
Economic information from Africa - Ecofin Agency
Feb 19, 2019 · Ecofin Agency is a news website that covers finance, public management, telecom and other sectors in Africa. It provides news, analysis, interviews and reports on various topics and countries in the continent.
African nations expand guided trade initiative within the AfCFTA ...
Jan 18, 2024 · In a significant development for the operationalization of the African Continental Free Trade Area (AfCFTA), 24 new countries are set to join the Guided Trade Initiative in 2024. Wamkele Mene, the Secretary-General of AfCFTA, announced this expansion during a roundtable discussion on January 16, 2024, at the 54th World Economic...
African companies attracted $2.2 billion in private equity funding …
Aug 24, 2023 · The report points out that persistent global macroeconomic uncertainties have prompted most private equity funds active on the continent to exercise caution, opting for smaller ticket sizes. Local and international private equity firms injected $2.2 billion into African companies in the first half of 2023, according to a report published...