The world is on track to be 4 degrees warmer, which will be marked by ‘extreme heat-waves’ and rising ‘life threatening’ sea levels, according to a World Bank funded report. CONTINUE READING
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Ethiopia is building on its economic momentum with a spate of new developments, but needs higher growth rates to fulfil its ambition of achieving middle-income status.
A combination of oil production disruptions and runaway spending could deplete Libya’s formidable financial reserves in less than five years, analysts warn.
Tanzania’s dream to beat Mozambique and emerge as East Africa’s first exporter of liquefied natural gas has suffered a setback as politicians bicker over a new constitution for the country.
Kenya appears set to issue its debut USD 2 billion Eurobond before June, as the government looks to capitalize on favorable fiscal conditions and the prospects of middle-income status after a GDP revision.
Bahrain’s financial sector has been hit by civil unrest that has dented business confidence in the Gulf Arab state, but renewed construction activity could boost otherwise muted growth in the banking sector
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