Zimbabwe Announces Measures to Boost Local Currency Use

Zimbabwe Announces Measures to Boost Local Currency Use

TEHRAN (ANA)- Zimbabwean Finance Minister Mthuli Ncube unveiled further measures to increase the use of the newly-introduced currency Zimbabwe Gold (ZiG) to sustain macroeconomic stability.
Nigeria Records Improved Revenue, Economic Growth in H1 2024

Nigeria Records Improved Revenue, Economic Growth in H1 2024

TEHRAN (ANA)- Nigeria's oil revenue grew from 11 percent in the first half (H1) of 2023 to 30 percent in H1 2024, with the economy growing faster due to ongoing reforms, a senior government official said.
Ghana to Keep Strong Monetary Policy Stance despite Inflation Ease

Ghana to Keep Strong Monetary Policy Stance despite Inflation Ease

TEHRAN (ANA)- Ghana's central bank announced that it would deepen its strong monetary policy stance despite the recent reductions in the inflation rate.
Suez Canal Reports 23.4 Percent Drop in Annual Revenue Due to Red Sea Crisis

Suez Canal Reports 23.4 Percent Drop in Annual Revenue Due to Red Sea Crisis

TEHRAN (ANA)- The Egyptian Suez Canal's annual revenue dropped by about 23.4 percent in the fiscal year 2023/2024 due to the Red Sea crisis, Osama Rabie, chairman of the Suez Canal Authority (SCA), said in a statement.
AU Official Says Africa Faces Shortage of 15 Million Teachers

AU Official Says Africa Faces Shortage of 15 Million Teachers

TEHRAN (ANA)- Africa faces a deficit of 15 million in the supply of teachers, which hinders the continent's development, a senior African Union (AU) official said.
World Bank Pledges 100 Million USD to Digitize Zambia

World Bank Pledges 100 Million USD to Digitize Zambia

TEHRAN (ANA)- The World Bank pledged 100 million U.S. dollars to help Zambia speed up its digital infrastructure and increase access to the internet.
Egypt's Wheat Reserve Sufficient for Nearly 7 Months

Egypt's Wheat Reserve Sufficient for Nearly 7 Months

TEHRAN (ANA)- Egypt's Minister of Supply and Internal Trade Sherif Farouk said the country's reserve of wheat is enough for 6.9 months, Egypt's official news agency MENA reported.
South Africa's Central Bank Maintains Repo Rate at 8.25 Percent

South Africa's Central Bank Maintains Repo Rate at 8.25 Percent

TEHRAN (ANA)- The South African Reserve Bank (SARB), the country's central bank, decided to keep its repurchase rate unchanged at 8.25 percent for the seventh consecutive time to tame inflation.
Uganda's Coffee Export Earnings Reach 30-Year High

Uganda's Coffee Export Earnings Reach 30-Year High

TEHRAN (ANA)- Uganda's coffee exports have recorded the highest foreign exchange earnings in 30 years due to improved quantity and quality, a state regulator said.
Egyptian PM Unveils New Gov't Program Based on Egypt's Vision 2030

Egyptian PM Unveils New Gov't Program Based on Egypt's Vision 2030

TEHRAN (ANA)- Egyptian Prime Minister Mostafa Madbouly unveiled the new government's program for the coming three years, which outlines a comprehensive strategy to drive Egypt towards its Vision 2030.
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