TEHRAN (ANA)- The key interest rates in Egypt was cut by the Central Bank by 225 basis points, setting the lending rate at 26 percent and the deposit rate at 25 percent.
TEHRAN (ANA)- The Ghanaian government and the international Monetary Fund (IMF) said that they have reached an agreement on the fourth review of Ghana's economic reforms, enabling 370 million U.S. dollars in loans to the African country.
TEHRAN (ANA)- Africa's first industrial-scale green iron plant, a facility that produces iron with zero carbon emissions, was inaugurated by Namibian President Netumbo Nandi-Ndaitwah.
TEHRAN (ANA)- Zambia's copper output rose 12% in 2024, buoyed by a recovery in production at key mines as the government counts on the sector to drive economic growth.
TEHRAN (ANA)- Angola has announced plans to harvest over 8,000 tons of commercial coffee in 2025, which shows a hike of 2,000 ton from the previous year.
TEHRAN (ANA)- Cote d'Ivoire's real gross domestic product (GDP) growth will reach to average 6.3 percent in 2025 and 2026, the African Development Bank (AfDB) announced.