Economic growth in sub-Saharan Africa is showing signs of recovery, the World Bank said Wednesday, but regional growth in 2017 is still projected to reach a comparatively weak 2.6 percent. Seven countries show the greatest economic resilience, with annual growth rates above 5.4 percent in the 2015-2017 period. They include…
Christine Lagarde, managing director of the International Monetary Fund, said soft infrastructure investment across Africa is a development and investment priority as the IMF encourages a more inclusive – and more vigorous – approach to global economic growth. “More can be done to raise growth now and make it more inclusive,”…
Test runs of the new railway linking Addis Ababa and Djibouti may come as early as next week, now that the $345 million project, funded primarily by China, is near completion. Officials with Ethiopian Railway Corporation say trial service will run for three to six months on the line, beginning…