economy | eNCA

A number of African leaders appearing at the World Economic Forum in Davos have emphasised that the rise in interest rates and over-indebtedness is already crimping the ability of countries on the continent to finance their development

Africa in debt spiral as restructuring efforts drag on

20 January 2024

First-time US unemployment benefits claims fell back below 200,000 last week, the latest in a series of strong data that has dimmed hopes of an early interest rate cut

Global stocks rebound as tech snaps losing streak

19 January 2024

The Kenyan shilling is trading at all-time lows at around 160 to the dollar

IMF grants Kenya new $941 million loan

18 January 2024

The unemployment rate in the West Bank has skyrocketed to 30 percent, up from 14 percent before the war, according to Taher al-Labadi, a researcher at the French Institute for the Near East (Ifpo)

West Bank economy in tatters as Gaza war rages

18 January 2024

High inflation has sparked a cost-of-living crisis in Britain

UK inflation in shock rise, dashing rate cut hopes

17 January 2024

China's economy enjoyed an initial post-pandemic rebound, but ran out of steam within months

China sees one of its worst years of growth since 1990 as recovery stalls

17 January 2024