Tag Archives: GROSS DOMESTIC PRODUCT
By Suzanne Jambo The South Sudanese economy been set back by severe austerity measures for close to two years now; almost since our Independence in July 2011. Much of the real causes of these austerity measures maybe of high(est) speculations, … read more »
Posted in Article, East Africa, Op-ed, South Sudan, Sudan
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Tagged Addis Ababa, GROSS DOMESTIC PRODUCT, IndepthAfrica, Khartoum, Omar al-Bashir, RSS, Salva Kiir Mayardit, South Sudan, Sudan
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The first quarter of the fiscal year has practically ended, yet Nigeria and Nigerians are yet to know how the approximately $140 million dollars the country earns daily from crude oil sales alone are being spent and how much more … read more »
Posted in Article, Nigeria, Op-ed, West Africa
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Tagged BRIC, GROSS DOMESTIC PRODUCT, Indepth Africa Magazine, IndepthAfrica, Lagos, Nigeria, Nigerian, Nigerian news, Power outage, South Africa, United States
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Akpah Prince The second speaker on the bill was Nelson Korkor, a young person with a long profile and experience continued with the theme: DEVELOPING YOUR CAREER PLAN AND STRATEGY. 1. STRATEGY In developing what you want to become in … read more »
Tsehaye Debalkew, Washington D.C., It is heartwarming to learn that significant development gains that Ethiopia has registered over the past two consecutive years implementing the much avowed Growth and Transformation Plan /GTP/ were corroborated and hailed by good wishers far … read more »
Posted in Article, Djibouti, East Africa, Eritrea, Ethiopia
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Tagged Economist, Ethiopia, Ethiopian government, GROSS DOMESTIC PRODUCT, GTP, IndepthAfrica, Meles Zenawi, Millennium Development Goals, Politics of Ethiopia
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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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Mohammed Nassir MUCH has been said about Ethiopia’s astounding economic development registered in the past ten years. While the vast majority of Ethiopians and many of the country’s development partners in the international community have acknowledged the nation’s economic transformation, … read more »
Posted in Article, Djibouti, East Africa, Eritrea, Ethiopia
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Tagged Ethiopia, ethiopia addis ababa, ethiopia latest news, Ethiopian, ethiopian news, Ethiopians, GROSS DOMESTIC PRODUCT, Human Development Index, IndepthAfrica, latest ethiopian news, Multidimensional Poverty Index, news ethiopia, Oxford Poverty and Human Development Initiative, Politics of Ethiopia, World Health Organization
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Since the onset of the global financial crisis in the third quarter of 2007, emerging markets gained more prominence as they drove economic growth. Investors took an interest in emerging markets, which offered attractive investment opportunities relative to America and … read more »
Posted in Article, Economy, Kenya, Nigeria, South Africa, Zimbabwe
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Tagged Arab Spring, Economic Community of West African States, GROSS DOMESTIC PRODUCT, Indepth Africa Magazine, Paul Kagame, South Africa, Southern African Development Community, World Economic Forum
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By Steven Wöndu MISSION IMPOSSIBLE Direct cash transfers from the government to individual citizens or households aims at poverty alleviation and reduction of vulnerability to economic shocks like floods, drought, crop failure, and veterinary diseases. I am an ardent crusader … read more »
Posted in Article, East Africa, South Sudan, Sudan
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Tagged Cash transfers, Developing country, GROSS DOMESTIC PRODUCT, Human Development Index, Income, news about sudan, news for sudan, news from sudan, news in sudan, news of sudan, news on sudan, SouthSudan, Sudan, Sudan news, Uganda
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The results of a government survey show that over half of the population of South Africa lives in poverty in the wealthiest African nation. The national agency Statistics South Africa conducted the survey in 2009 and released the results on … read more »
November 8, 2012 by benim
By Desné Masie There’s been a lot of talk these past few months about Africa Rising, for whom and what for. But it’s kind of difficult for the average person to look beyond the sentiment and “promising statistics” to put … read more »
WINDHOEK – Zambia yesterday celebrated 48 years of independence from the United Kingdom, a period which saw Africa’s top copper producer being led by five different heads of state belonging to different political parties. Ambassadors, high commissioners and Namibian parliamentarians … read more »
NEXT BIG MARKET: Africa is the only region in the world where growth is accelerating, writes Chrystia Freeland Women selling food in a market in Lagos, Nigeria. The African continent is quietly remaking itself and is possibly on the way … read more »
Posted in Article, Business
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Tagged Asia, China, GROSS DOMESTIC PRODUCT, Indepth Africa Magazine, IndepthAfrica, IndepthAfrica news, Industrial Revolution, Mohamed A. El-Erian, Stephen Jennings, United States
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by PATRICK BOND Durban, South Africa. Would Barack Obama’s re-election advance African democracy and prosperity? Evidence suggests not, though the alternative in the November 6 election would probably be worse. Obama’s most important important policy speech on Africa, in Ghana … read more »
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 »
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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Vladimir NESTEROV At the moment, it is open to debate whether the Greek default is a fairly inescapable outcome or an accomplished fact, but, clearly, getting the Greeks out of trouble is not the point for those who handle the … read more »
Posted in Europe, Global Issues, Vladimir NESTEROV
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Tagged africa african news, Athens, European Central Bank, European Commission, European sovereign debt crisis, GDP, Greece, GROSS DOMESTIC PRODUCT, indepthafrica africa news, spain
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An International Monetary Fund (IMF) mission, led by Mr. Peter Allum, visited Dar es Salaam during March 1–14, 2012 to conduct discussions for the fourth review under the Policy Support Instrument (PSI).1 The mission met with Finance Minister Mkulo, Bank … read more »
Posted in Documents, IMF, Miscellaneous, Press Releases
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Tagged africa african news, Board of Directors, Executive Board, GDP, GROSS DOMESTIC PRODUCT, IMF, indepthafrica africa news, International Monetary Fund, PSI, Tanzania
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By Nana Ampofo at Songhai Advisory Ghana marked 55 years of independence from colonial rule on 6 March 2012 – “no mean achievement” in the life of any nation, according to President John Evans Atta Mills speaking at the national … read more »
Posted in Article, Ghana, News, West Africa
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Tagged Africa news, African, African news, GDP, Ghana, Ghanaian, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, Indepth Nigeria, Indepth Soccer, International Monetary Fund, John Atta Mills, World Bank
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The socialist-inspired traveling circus more commonly known as the EU debt crisis is moving from Greece to Spain. Last Friday, Spanish Prime Minister Mariano Rajoy announced that a deepening recession in that country would make it impossible to meet the … read more »
Posted in Europe, Global Issues, News
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Tagged Africa news, African, African news, European Commission, European Stability Mechanism, European Union, Government budget deficit, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, Indepth Nigeria, Indepth Soccer, Mariano Rajoy, Rajoy, spain
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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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Mauritius cut its 2012 tourist arrivals forecast on Tuesday to 980,000 from an earlier estimate of 1,010,000, as it factored in the impact of the global economic crisis on key markets such as the euro zone. Tourism typically generates about … read more »
Posted in Business, Economy
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Tagged Africa news, African news, Asia, Finance minister, GROSS DOMESTIC PRODUCT, Indepth Africa Magazine, Indepth Africa Magazine, IndepthAfrica, Indian Ocean, Island country, Mauritius, Tourism
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Eurozone finance ministers have approved a 130bn euro ($170bn) second bailout package for Greece to resolve the debt-ridden nation’s immediate repayment needs. The deal reached after 13 hours of tortuous talks in Brussels, however, is unlikely to revive Greece’s ailing … read more »
Posted in World News
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Tagged Athens, Economy of Greece, European Central Bank, Greece, Greek, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, Jan Kees de Jager, Lucas Papademos
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WINDHOEK, Namibia, February 9, 2012/African Press Organization (APO)/ — On February 6, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Namibia.1 Background The Namibian economy rebounded strongly in 2010 following the mild … read more »
Posted in Documents, IMF
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Tagged Executive director, Foreign exchange reserves, GDP, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Namibia, South African Reserve Bank, Southern African Customs Union
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TRIPOLI, Libya, January 31, 2012/African Press Organization (APO)/ — Libya—Concluding Statement of the 2012 Staff Visit January 26, 2012 I. Overview 1. The mission is grateful to the Libyan authorities for their hospitality, collaboration and valuable input during technical and … read more »
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 »
BANJUL, Gambia, January 20, 2012/African Press Organization (APO)/ — On January 18, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with The Gambia.1 Background The Gambian economy has performed well in recent years, … read more »
Posted in IMF, Press Releases
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Tagged Central Bank of The Gambia, Current account, Executive director, Gambia, GDP, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Millennium Development Goals
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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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Mauritius’ annual average rate of inflation fell in December for the first time in a year and a half to 6.5 percent from 6.6 percent a month earlier, official data showed on Monday. Month-on-month, consumer prices were flat in December. … read more »
Posted in Uncategorized
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Tagged Africa Business News, Government, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, Indepth Africa Magazine, IndepthAfrica, Indian Ocean, Maps and Views, Mauritius, percentage, Tourism
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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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The economy of Mauritius grew 4.1 percent in 2011 and will expand at a fractionally slower pace of 4 percent in the new year, the statistics office said on Tuesday, matching the finance minister’s most recent forecast. “Taking into consideration … read more »
Posted in Business, Economy
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Tagged $10 billion, Government, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, Indepth Africa Magazine, IndepthAfrica, Indian Ocean, Mauritius, percentage, Tourism
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