Tag: Energy

IMF sees sub-Saharan Africa growth near two-decade low in 2016

Tue May 3, 2016/Reuters By Olivia Kumwenda-Mtambo JOHANNESBURG (Reuters) – Economic growth in sub-Saharan Africa is likely to slow this year to its weakest in nearly two decades, hurt by a slump in commodity prices, drought and the after-effects of the Ebola outbreak, the International Monetary Fund said on Tuesday. […]

AfDB scouts for viable energy models for power-starved Africa

April 1, 2016/AfDB A major preoccupation of the just-concluded visit to Asia by an African Development Bank team led by its President, Akinwumi Adesina, was the search for an efficient energy system that can be easily adapted in some of the most energy-starved African countries. Energy is at the top […]

Wall St. slips as energy stocks drag; Fed meet awaited

Mon Mar 14, 2016/Reuters By Abhiram Nandakumar Wall Street was slightly lower on Monday as a fall in oil prices weighed on energy stocks and investors paused ahead of the release of a slew of economic data and the U.S. Federal Reserve’s monetary policy meeting. Crude prices, which have dictated […]