African Ministers Seek to Establish Continental Energy Bank
TEHRAN (ANA)- Energy ministers from 18 African countries gathered in Cameroon to discuss the prospect of establishing a bank to boost energy production.
Namibia's Trade within Africa Gains Momentum under AfCFTA
TEHRAN (ANA)- Namibia's intra-Africa trade under the African Continental Free Trade Area (AfCFTA) in September 2024 saw exports valued at 4.7 billion Namibian dollars (about 267 million U.S. dollars) and imports worth 7.7 billion Namibian dollars (about 437 million dollars) from other African countries, the Namibia Statistics Agency (NSA) said.
PWC: Business Confidence in South Africa Improves
TEHRAN (ANA)- Business confidence in South Africa has "notably" improved since the formation of its Government of National Unity (GNU), said the consulting firm PricewaterhouseCoopers (PwC).
Egypt Announces Fuel Price Hike for Q4
TEHRAN (ANA)- Egypt raised fuel prices by two Egyptian pounds (0.04 U.S. dollars) for the fourth quarter of 2024 due to rising production and import costs, the Ministry of Petroleum and Mineral Resources said in a statement.
Rwanda Unveils Strategy to Boost Green Investments, Sustainable Growth
TEHRAN (ANA)- Rwanda launched a national strategy in Kigali, the Rwandan capital, to enhance the country's climate resilience and environmental preservation while promoting economic growth and social well-being.
Kenya's Forex Reserves Swell to Record 8.5 Billion USD
TEHRAN (ANA)- Kenya has accumulated about one billion U.S. dollars in foreign exchange reserves over the past few weeks, raising the total to a record high of 8.49 billion dollars as, the Central Bank of Kenya (CBK) said.
Egypt Revises Down Renewable Energy Share Target to 40 Percent by 2040
TEHRAN (ANA)- Egypt has revised its target for the renewable share of energy mix to 40 percent by 2040, from the previous 58 percent, Egyptian Minister of Petroleum and Mineral Resources Karim Badawi said.
Ethiopia's Economy Up over 8 Percent for Past Fiscal Year
TEHRAN (ANA)- The Ethiopian government has announced that the country's economy grew over 8 percent in its fiscal year, which ended on July 7.
Kenya's Economy Up 4.6 Percent in Q2
TEHRAN (ANA)- Kenya's economy expanded 4.6 percent in the second quarter of 2024, a slowdown from the 5.6 percent growth recorded in a similar period the previous year, the country's national statistics bureau said.
Ghana's Inflation Climbs to 21.5 Percent in September
TEHRAN (ANA)- Ghana's annual inflation rate rose to 21.5 percent in September from 20.4 percent in August, Ghana Statistical Service (GSS) said.