Keywords: Economic Growth


German private sector returns to growth as manufacturing drives July PMI rebound

Germany's private sector returned to expansion in July, ending a four-month period of contraction as manufacturing activity gained momentum and lifted overall business performance. The latest survey suggests Europe's largest economy is showing early signs of recovery, although geopolitical risks......

Zambia election puts economic recovery, copper sector and IMF reforms under investor scrutiny

As Zambia prepares for presidential and parliamentary elections on August 13, investors are closely monitoring whether President Hakainde Hichilema can transform the country's recent economic stabilisation into stronger growth and job creation during a potential second term. While polls suggest......

Kenya expects budget deficit to narrow to 3.6% of GDP in 2027/28 fiscal year

Kenya expects its budget deficit to decline significantly in the 2027/28 fiscal year, as the government projects improved fiscal management and stronger economic performance, according to a senior official from the Finance Ministry. Chris Kiptoo, Principal Secretary at the Finance Ministry, said the......

Morocco records more than 42,900 new businesses in first five months of 2026

Morocco's entrepreneurial ecosystem continued to expand during the first five months of 2026, with new official figures showing sustained business creation across the country. The latest data from the Moroccan Office of Industrial and Commercial Property (OMPIC) indicate that commercial activity......

South Africa secures $1.5 billion World Bank loan to modernize key infrastructure

South Africa has secured a $1.5 billion loan from the World Bank to finance structural reforms aimed at improving critical infrastructure, reducing economic bottlenecks and supporting long-term job creation, the country's National Treasury announced on Tuesday. The financing will be directed toward......

Morocco plans major hotel expansion ahead of the 2030 FIFA World Cup

Morocco is preparing for a significant expansion of its tourism infrastructure as part of its long-term strategy for the 2030 FIFA World Cup, with plans to add approximately 60,000 new hotel beds across the country before the tournament begins. The initiative is expected to increase Morocco's accommodation......

IMF forecasts temporary slowdown for UAE economy before stronger rebound in 2027

The International Monetary Fund (IMF) expects the United Arab Emirates to experience a temporary slowdown in economic activity during 2026 before returning to stronger growth in 2027, supported by higher oil exports and resilient public finances. In its latest assessment following the annual consultation......

French lawmaker warns budget deficit could reach 7% by 2030 without spending reforms

French budget rapporteur Philippe Juvin has warned that France's public deficit could climb to 7% of gross domestic product by 2030 unless the government adopts deeper spending reforms, arguing that fiscal consolidation should rely on expenditure cuts rather than higher taxes. His comments come......

UK economy records modest growth in May as services offset weakness in industry and construction

Britain's economy returned to modest growth in May, supported by continued expansion in the services sector despite weaker performances in manufacturing and construction, according to the latest official economic data. Figures released by the Office for National Statistics (ONS) showed that gross......