The United States tries to renew ties with Africa
The war in Ukraine having reinforced the importance of Africa in international politics, the Vice-President of the United States Kamala Harris came to reaffirm the American will to build a win-win partnership with African countries.
Paul Baker, the CEO of International Economics Consulting answered our questions in Business Africa.
Uganda expects economic boom as soon as 2025 thanks to oil
After launching the drilling of several production wells in January as part of a mega oil project, Uganda plans to reduce its debt and increase its economic growth by 7%.
For Ugandan economist Julius Mukunda, the government’s forecasts could impact the country’s massive debt.
French-speaking sub-Saharan Africa drives the economy
French-speaking sub-Saharan Africa remains the engine of African growth for the ninth consecutive year, according to a report by CERMF (centre for study and reflection on the French-speaking world).
An IMF study indicates that French-speaking sub-Saharan Africa posted an annual growth rate of 4.4% compared to 2.9% for non-French-speaking sub-Saharan Africa.
