IMF Slashes Zimbabwe's Growth Forecast due to El Nino-Induced Drought

IMF Slashes Zimbabwe's Growth Forecast due to El Nino-Induced Drought

TEHRAN (ANA)- Zimbabwe's economic growth is expected to decelerate to 2 percent in 2024 from 5.3 percent last year due to the effects of an El Nino-induced drought, the International Monetary Fund (IMF) said.
Kenya's Exports to African Nations Up 16.5 Percent in Q1

Kenya's Exports to African Nations Up 16.5 Percent in Q1

TEHRAN (ANA)- Kenya's exports to other African countries rose 16.5 percent to 113.1 billion shillings (about 874 million U.S. dollars) in the first quarter of 2024 from 749 million dollars during a similar period in 2023, the Central Bank said in an economic report.
Morocco Airports Receive over 12.3 Million Passengers during Jan-May

Morocco Airports Receive over 12.3 Million Passengers during Jan-May

TEHRAN (ANA)- Morocco's airports recorded a commercial traffic volume of 12,353,496 passengers in the first five months of 2024, witnessing a 19-percent increase year-on-year, the Moroccan Airports Authority (ONDA) said.
Zambia Restarts 105 MW Heavy Fuel Oil Plant to Combat Energy Deficit

Zambia Restarts 105 MW Heavy Fuel Oil Plant to Combat Energy Deficit

TEHRAN (ANA)- Zambia restarted operations at a plant that will generate 105 megawatts of electricity from heavy fuel oils, aiming to address the current energy deficit in the country.
Kenya's Horticulture Exports Up 14 Percent in Q1

Kenya's Horticulture Exports Up 14 Percent in Q1

TEHRAN (ANA)- Kenya's earnings from horticulture exports rose 14.3 percent in the first quarter of 2024, boosted by increased shipments to markets in Europe and Asia, the Central Bank said in new economic data.
Botswana Declares 2023-2024 ‘Extreme Agricultural Drought Year’

Botswana Declares 2023-2024 ‘Extreme Agricultural Drought Year’

TEHRAN (ANA)- Botswanan President Mokgweetsi Masisi has declared the 2023-2024 season an "extreme agricultural drought year," according to a government statement.
FAO Appeals for Support to Vulnerable Ethiopians

FAO Appeals for Support to Vulnerable Ethiopians

TEHRAN (ANA)- The United Nations Food and Agriculture Organization (FAO) called for urgent agricultural support to vulnerable Ethiopians facing extreme weather events and conflicts.
Ghana Retains Top Spot in 2023 African Gold Output

Ghana Retains Top Spot in 2023 African Gold Output

TEHRAN (ANA)- Ghana has retained its position as Africa's top gold producer and the 11th biggest producer globally, with four million ounces in 2023, the Ghana Chamber of Mines has said.
Libya Seeks to Increase Daily Oil Production

Libya Seeks to Increase Daily Oil Production

TEHRAN (ANA)- Libyan Prime Minister Abdul-Hamed Dbeibah emphasized the importance of consolidating the efforts of all government institutions to enhance oil production.
Cocoa Prices Hit $10,000 per Ton amid Supply, Production Concerns in Ghana

Cocoa Prices Hit $10,000 per Ton amid Supply, Production Concerns in Ghana

TEHRAN (ANA)- Cocoa prices have again hit $10,000 per ton due to supply and production concerns in Ghana. 
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