Tag Archives: Economic growth
Yesterday I didn’t really post any new articles because I spent the whole day reading up on current affairs in the African economic scene. I read up on a lot of recent, and past, news about the Chinese, and other … read more »
Posted in Article, Eritrea, Ethiopia, Ghana, Kenya, Niger, Nigeria, Op-ed, Somali, Zambia, Zimbabwe
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Tagged African people, Business, China, Chinese, Chinese language, Economic growth, Indepth Africa Magazine, Natural resource
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what does it hold? A lot of issues have been raised on the rise of the middle class in Africa and the change that these classes of people can actually cause towards the economic growth and transformation in Africa. Many … read more »
Posted in Article, Cape Verde, Congo, DR Congo, Eritrea, Ethiopia, Ghana, Kenya, Liberia, Libya, Mali, Nigeria, Sierra Leone, Somali, South Africa, South Sudan, Sudan, Togo, Zimbabwe
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Tagged Abhijit Banerjee, African Development Bank, African people, Economic growth, economics, Esther Duflo, Indepth Africa Magazine, IndepthAfrica, Middle class
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By Dr. Ngozi Okonjo-Iweala PROTOCOLS – 1. It is with great pleasure that I present to you today, the 2013 Federal Government Budget. I thank Mr President, my colleagues and the Honourable Members of the National Assembly for their contributions … read more »
Posted in Nigeria, West Africa
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Tagged 2013 Budget, Dora Akunyili, Economic growth, Economy of Nigeria, Government debt, National Assembly, ngozi okonjo-iweala biography, ngozi okonjo-iweala children, ngozi okonjo-iweala husband, ngozi okonjo-iweala on aid versus trade, ngozi okonjo-iweala profile, ngozi okonjo-iweala ted talk, ngozi okonjo-iweala world bank, Nigeria, Presidents, United States
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Addis Ababa — The ministry of finance and economic development on Wednesday announced that Ethiopia has registered an average of 10% economic growth during the past two years of the five-year Growth and Transformation Plan (GTP). In a report, state … read more »
Posted in Djibouti, East Africa, Eritrea, Ethiopia
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Tagged Addis Ababa, Economic growth, ethio media oromo, Ethiopia, ethiopia addis ababa, ethiopia latest news, Ethiopian, ethiopian news, Ethiopians, GROSS DOMESTIC PRODUCT, GTP, Indepth Africa Magazine, IndepthAfrica, latest ethiopian news, Millennium Development Goals, news about ethiopia, news ethiopia, news for ethiopia, news from ethiopia, news in ethiopia, news of ethiopia, news on ethiopia, sub-Saharan Africa
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Ethiopian inflation dropped in December to 12.9 percent year-on-year, its lowest rate of 2012, official data showed on Wednesday. The government had targeted single-digit inflation in 2012, something it now hopes to achieve this year. Inflation, which has been billed … read more »
Posted in Djibouti, East Africa, Economy, Eritrea, Ethiopia
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Tagged December, Economic growth, Ethiopia, Ethiopia news, ethiopian news, Horn of Africa, Indepth Africa Magazine, Inflation, International Monetary Fund, November
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My dear friends on facebook, as we enter a new year, I want to assure Nigerians that the future of our nation is better than its past. We have had some challenges and together, we have either overcome them or … read more »
Posted in Nigeria, West Africa
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Tagged Clinton Foundation, Conservative Party, David Cameron, Economic growth, GoodluckJonathan, International community, Lagos, Nigeria, Nigeria news, Nigerian news
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CNN named former Ethiopia’s Prime Minister, Meles Zenawi among notable people we’ve lost in 2012. According to CNN, PM Meles was a strongman in the troubled Horn of Africa. He dedicated his life for the development of Ethiopia and firmly … read more »
Posted in Djibouti, East Africa, Eritrea, Ethiopia
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Tagged Addis Ababa, CNN, Economic growth, Ethiopia, Horn of Africa, IndepthAfrica, List of heads of government of Ethiopia, Meles Zenawi, United States
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Catholic Online (www.catholic.org) Analysts say it will take awhile before prosperity reaches the masses The African nation of Ethiopia has enjoyed remarkable growth over the past several years. There has been a marked growth in industry. However, this has meant … read more »
Posted in Article, East Africa, Eritrea, Ethiopia
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Tagged Economic growth, Eritrea, Ethiopia, Ethiopia news, Ethiopian, ethiopian news, Government, Indepth Africa Magazine, Meles Zenawi, United States
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By Christiaan Triebert, RNW opinion Photo: Elizabeth Mbundu/RNW Sierd van der Bij, Neda Boin and Christiaan Triebert – Dutch hitchhikers in Africa. Yabelo — We hitch a ride with a group of Ethiopian engineers and they give us shelter. Next … read more »
Posted in Djibouti, East Africa, Eritrea, Ethiopia
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Tagged Addis Ababa, African Union, China, Chinese, Economic growth, Ethiopia, ethiopian news, Indepth Africa Magazine, IndepthAfrica, Meles Zenawi
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By Girma Feyisa, opinion Urbanisation and its incessant expansion have become both curses and blessings in many developing countries of the world, not least our fair nation. They are curses because they attract influx of the people from the rural … read more »
Posted in Article, East Africa, Eritrea, Ethiopia
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Tagged Dire Dawa, Economic growth, Human rights, Latin America, Rural area, Saudi Arabia, Urban planning, Urbanization
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By Eskinder Haile The IMF Vs. Ethiopia Alternative Methods Of Measuring Economic Growth ” If all economists were laid end to end, they would not reach a conclusion.” -George Bernard Shaw Ethiopia is clearly booming, not only the Ethiopian government … read more »
Posted in Article, Ethiopia, IMF
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Tagged Addis Ababa, Economic growth, Ethiopia, Ethiopia news, Ethiopian government, ethiopian news, GDP, IndepthAfrica, Meles Zenawi, Politics of Ethiopia, United States
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Many scholarly articles on corruption give the impression that the world is populated by two types of people: the ‘sanders’ and the ‘greasers’. The ‘sanders’ believe that corruption is an obstacle to development, while the ‘greasers’ believe that corruption can … read more »
Posted in Article, Ethiopia
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Tagged China, Economic growth, Ethiopia, Extractive Industries Transparency Initiative, Global Financial Integrity, Indepth Africa Magazine, IndepthAfrica, IndepthAfrica world news, Maxim Mironov, Transparency International
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Below explains how the $75 benchmark price was arrived at, the dangers of an overly high benchmark price, relevant examples from other countries and related issues. - Why $75 Benchmark Price for Budget 2013 Is Right for Nigeria An overly … read more »
Posted in Article, Nigeria
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Tagged Budget, Economic growth, Economy of Nigeria, Government, Indepth Africa Magazine, IndepthAfrica, IndepthAfrica world news, National Assembly, Nigeria, Price of petroleum
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“We are making progress on the economic front though not necessarily according to the standard orthodox prescription, so some people think there must be something wrong…”Late Prime Minster Meles Zenawi 1. Introduction n August 20, 2012, Ethiopia lost its brave … read more »
Posted in Article, Documents, Ethiopia
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Tagged Addis Ababa, Developmental State, Economic Development, Economic growth, Ethiopia, Indepth Africa Magazine, IndepthAfrica, Meles Zenawi, Prime minister
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ADDIS ABABA, Ethiopia, October 2, 2012/African Press Organization (APO)/ — On September 12, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Ethiopia.1 Background Ethiopia’s macroeconomic performance in 2011/12 has been mixed. Strong, … read more »
By Barbara Njau, Senior Reporter at fDi Magazine, fDi Intelligence Sub-Saharan Africa’s accelerated economic growth over the last decade has been well documented. Feted as the next boom market, especially with the backdrop of the economic slowdown in the West, … read more »
Africa needs to boost agricultural productivity and address the debilitating hunger that affects 27 percent of its population if it is to sustain its economic boom, the United Nations Development Programme (UNDP) said on Tuesday. African economies grew at an … read more »
Posted in News, Spotlight
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Tagged Africa Countries, africa facts, africa for kids, africa karl wolf, africa lyrics, africa song, africa toto, african food, African History, Economic growth, Indepth Africa Magazine, IndepthAfrica, June 19 2008, Millennium Development Goal, Nairobi, sub-Saharan Africa, UNDP, United Nations Development Programme
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South African unemployment rose in the first quarter of 2012, data showed on Tuesday, in a sign that economic growth remains far below the levels needed to create jobs, one of the most pressing challenges facing the government. The jobless … read more »
Posted in Daily News Wrap, News
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Tagged afria travel, Economic growth, Indepth Africa Magazine, IndepthAfrica, india south africa, Labour Force Survey, map africa, map of africa, news, Repurchase agreement, Reserve Bank of India, South Africa, Statistics South Africa, travel to africa, Unemployment
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On Tuesday, April 10, President Obama spoke in Boca Raton at Florida Atlantic University. He promptly showed that he needs a remedial course in basic economics. The speech covered all the same ground as the rest of his speeches lately: … read more »
Posted in America, Global Issues
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Tagged Africa news, African news, Barack Obama, Economic growth, Florida Atlantic University, IndepthAfrica, obama, Oval Office, Republican, Robert Reich, United States
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Africa is poised for economic success, but its people need to stop being so pessimistic about its chances, President Jacob Zuma said on South Africa should be gateway to Africa: Ambassador South Africa should be gateway to Africa: Ambassador “We … read more »
Posted in News, South Africa, Southern Africa, Spotlight
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Tagged Africa news, African news, African people, Economic growth, Indepth Africa Magazine, IndepthAfrica, Jacob Zuma, North West, Saharan Africa, South Africa, Zuma
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ABUJA – Despite security challenge posed by the Boko Haram sect and other issues, Nigeria’s economy recorded an unprecedented growth as it is said to be the third fastest growing economy in the world. Briefing State House correspondents after yesterday’s … read more »
Posted in Business, Economy, News
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Tagged Africa news, African news, China, Economic growth, GDP, Goodluck Jonathan, GROSS DOMESTIC PRODUCT, Independent National Electoral Commission, IndepthAfrica, Islamic Development Bank, Nigeria
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LUSAKA, Zambia, March 13, 2012/African Press Organization (APO)/ — An International Monetary Fund (IMF) mission visited Lusaka February 29–March 13, 2012 to conduct discussions for the Article IV consultation.1 The mission had fruitful discussions with Hon. Alexander Chikwanda, Minister of … read more »
Posted in Documents, IMF, Miscellaneous, Press Releases
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Tagged africa african news, Board of Directors, Current account, Economic growth, Executive Board, Fiscal policy, indepthafrica africa news, International Monetary Fund, LUSAKA, Zambia
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ABUJA, Nigeria, February 28, 2012/African Press Organization (APO)/ — On February 22, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the 2011 Article IV consultation with Nigeria.1 Background Economic growth remains strong in Nigeria, with non-oil real … read more »
Posted in Press Releases
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Tagged Africa news, African news, Economic growth, Executive director, GDP, GROSS DOMESTIC PRODUCT, IMF, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Nigeria, SWF
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ALGIERS, Algeria, January 30, 2012/African Press Organization (APO)/ — On January 11, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Algeria on a lapse of time basis.1 Background Despite an uncertain international … read more »
NAIROBI, Kenya, January 18, 2012/African Press Organization (APO)/ — On December 9, 2011 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Kenya.1 Background Kenya’s economy has continued to expand, but high inflation and … read more »
Posted in Miscellaneous, Press Releases
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Tagged Central Bank of Kenya, Economic growth, Executive director, GDP, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Kenya, Revenue
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Economist and Lecturer Welinton Santos With a heated domestic market, the increased real purchasing power of Brazilians, improvement programs, income support and families with high economic vulnerability, taking millions of Brazilians out of poverty and the enjoying contribution of more … read more »
Posted in America, Global Issues
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Tagged Brazil, Economic growth, France, Goldman Sachs, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, Italy, Ministry of Foreign Affairs, Venture capital
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BAMAKO, Mali, December 13, 2011/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) today completed the seventh and final review of Mali’s economic performance under the economic program supported by the Extended Credit Facility (ECF) … read more »
MAPUTO, Mozambique, December 8, 2011/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) has completed the third review under the three-year Policy Support Instrument (PSI) for the Republic of Mozambique.1 The Board’s decision was taken … read more »
The World Bank has cut Kenya’s economic growth forecast for this year to 4.3 percent from its earlier forecast of 4.8 percent due to a sharp jump in prices and instability in the exchange rate among other economic shocks, it … read more »
October 19, 2011 by benim
The International Monetary Fund forecast on Wednesday a rosy outlook for Sub Saharan Africa growth in 2012 but warned of significant risks from global financial volatility that could subdue demand and private inflows into the world’s poorest continent. Economies in … read more »
Posted in East Africa, Kenya, News
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Tagged Antoinette Sayeh, Developed country, Economic growth, IMF, Indepth Africa Magazine, IndepthAfrica, IndepthGhana, IndepthMultimedia, IndepthNigeria, IndepthSouthAfrica, IndepthWorld, International Monetary Fund, Nigeria, Nigeria news, Nigeria online, North Africa, Pan African News, Southern Africa, sub-Saharan Africa, Volatility, West Africa
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