A multi-pronged drive to formalise the Ghanaian economy took a major step forward recently with the nationwide introduction of a Digital Address System.
Africa Economy
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Economic update | Kenyan insurance sector posts growth amid shifting purchasing patterns and reforms
29 Nov 2017
A steep rise in demand for life coverage – traditionally a smaller segment than non-life lines – has been driving growth in Kenya’s insurance sector over the course of 2017.
Economic update | South Africa seeks to strike balance between pro-growth spending and fiscal discipline
28 Nov 2017
Malusi Gigaba, South Africa’s minister of finance, delivered the Medium-Term Budget Policy Statement (MTBPS) to Parliament on October 25, outlining a mix of partial privatisations and infrastructure spending aimed at spurring economic growth while still pursuing fiscal consolidation.
Economic update | More funding in the pipeline as Egypt’s economic reforms yield results
31 Oct 2017
Egypt is continuing its programme of fiscal consolidation, exchange rate liberalisation and pro-investment reform, with the country expected to receive another multibillion-dollar tranche of funds from creditors following a year-end review.
Economic update | Small firms the focus as Nigeria launches action plan to improve business conditions
31 Oct 2017
Nigeria is moving forward with strategies to improve the business and investment environment in the country following the launch of a new package of reforms designed to support small businesses and clear hurdles to growth.