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Tag Archives: economies

World’s 20 fastest-growing economies in 2024

Uganda listed among Africa countries dominating the list, according to the African Development Bank ANALYSIS | AGENCIES | Africa dominates list of the world’s 20 fastest-growing economies in 2024, according to a macroeconomic report the African Development Bank says in its latest macroeconomic report. The African Development Bank Group said in …

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AfDB: Africa dominates list of the world’s 20 fastest-growing economies in 2024

Uganda among 11 African countries projected to experience a strong economic performance forecast alongside  Rwanda, Tanzania and Ethiopia Kampala, Uganda | THE INDEPENDENT | Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) …

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AfDB forecasts East Africa economies to grow by 4 pct in 2022

Nairobi, Kenya | Xinhua | The economies of the East African region are expected to grow by 4 percent in 2022, the African Development Bank (AfDB) said on Friday. According to lender’s East Africa Regional Economic Outlook 2022, the region recorded a robust economic recovery in 2021, but most members are …

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Countries attempting to isolate Russia only hurt themselves: Putin

Moscow, Russia | Xinhua | Russian President Vladimir Putin said Thursday that those countries, which are attempting to isolate Russia, are primarily only harming their economies. Putin said it would simply be unfeasible and impossible to isolate Russia, and “those, who aspire to do so would harm themselves the most,” during …

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UN says private sector key to realize sustainability agenda in Africa

Nairobi, Kenya | Xinhua | African governments should leverage capital, technology and manpower from industry to hasten realization of sustainability agenda and pandemic recovery in the continent, a senior UN official said on Thursday. Amina J. Mohammed, UN Deputy secretary-general, said that targeted investments from Africa’s indigenous businesses are required to …

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