GDP Archives

Republic of Congo Seeks New IMF Programme Amid Rising Debt and Oil Revenue Pressures

The Republic of Congo has formally requested negotiations with the International Monetary Fund (IMF) for a new economic and financial support programme as the country faces mounting debt pressures and…

Africa News Now May 12, 2026

ANN West Africa

Senegal Denies Secret €650 Million Borrowing Amid Debt Concerns

Senegal’s government has denied claims in the Financial Times that it secretly borrowed 650 million euros ($754 million) to avoid default, insisting the transactions were conducted transparently and in line…

Africa News Now March 25, 2026

ANN Northern Africa West Africa

PM Sonko Rules Out Debt Restructuring as Senegal Faces Rising Fiscal Pressure

Senegalese Prime Minister Ousmane Sonko has said his government will not pursue a debt restructuring, even as the country faces mounting repayment pressures and reduced access to international financing. Speaking…

Africa News Now January 9, 2026

ANN Northern Africa

Morocco’s Tourism Boom Breaks Records as Visitor Numbers Surge

Morocco’s tourism sector has reached record levels, with the country welcoming 19.8 million visitors in 2025, a 14 percent increase from the previous year, according to the tourism ministry. The…

Africa News Now January 6, 2026

ANN Central Africa Eastern Africa

World Bank Raises Sub-Saharan Africa’s Growth Forecast to 3.8% Amid Lower Inflation and Trade Recovery

The World Bank has revised its 2025 economic growth forecast for Sub-Saharan Africa upward to 3.8%, citing easing inflation, improving trade conditions, and stronger performance in several major economies. In…

Africa News Now October 7, 2025