Factory ‌production ⁠increased 1.1% month-on-month in ​May.

The African Development Bank Group (AfDB) has approved $240 million in financing for Morocco to support the Rail Infrastructure Development Support Project (PADIF), a major initiative aimed at expanding rail capacity and improving connectivity along one of the country’s busiest transport corridors.

The leaders of the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group and World Trade Organisation (WTO) have called for continued international cooperation to address the economic, energy and trade disruptions caused by the war in the Middle East.

Uganda’s public debt statistics are largely accurate and reported on time, but broader debt disclosure and stronger data management practices are needed to improve transparency and strengthen the assessment of fiscal risks, according to a new International Monetary Fund (IMF) technical assessment.

The Democratic Republic of Congo (DRC) has signed a diamond-processing agreement with Swiss company ADEX in a move designed to strengthen local beneficiation, improve transparency and create greater value from the country’s diamond resources.

SA Rand firmed in early trade on Thursday