Interest Rates in Egypt Cut by 225 Basis Points

Interest Rates in Egypt Cut by 225 Basis Points

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.
Ghana to Receive IMF’s IMF 370-Million-Dollars Loan

Ghana to Receive IMF’s IMF 370-Million-Dollars Loan

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.
Zambia Starts Building Power Transmission Line to Tanzania

Zambia Starts Building Power Transmission Line to Tanzania

TEHRAN (ANA)- Zambia launched the construction of a power transmission line connected to Tanzania as well as the eastern African power pool.
Namibia Pioneer in Africa for Green Transition

Namibia Pioneer in Africa for Green Transition

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.
Zambia Copper Output Up 12% Last Year

Zambia Copper Output Up 12% Last Year

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.
Angola’s Coffee Product to Increase 25% in 2025

Angola’s Coffee Product to Increase 25% in 2025

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.
Reports Warn of Severe Food Insecurity in Kenya

Reports Warn of Severe Food Insecurity in Kenya

TEHRAN (ANA)- Kenya’s National Drought Management Authority (NDMA) warned that over 2 million people face food insecurity in the East African country.
USAID Freeze Makes Ghana Lose 156 Million Dollars

USAID Freeze Makes Ghana Lose 156 Million Dollars

TEHRAN (ANA)- Ghana is missing $156 million in its state budget after the American government froze the USAID.
Zimbabwe to Improve Digital Skills among Youth

Zimbabwe to Improve Digital Skills among Youth

TEHRAN (ANA)- Zimbabwean President Emmerson Mnangagwa announced the country’s plans to improve digital literacy and skills among the youth.
6.3 Percent GDP Growth Forecasted for Cote d'Ivoire in Next 2 Years

6.3 Percent GDP Growth Forecasted for Cote d'Ivoire in Next 2 Years

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.
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