Business Africa
Tunisia expects to receive 9 million tourists in 2019
2 million people had visited the country as of May 10, 24% up from last year.
The North African country wants to further diversify its tourism. The country, which attained the 2 million visitor mark on May 10, is targeting 9 million tourists by the end of this year.
Zambia delays receiving a loan
Zambia delays receipt of $2.6 billion loan for investments in several sectors, in a bit to cut down on its debt considered very high.
With a budget deficit of 7.5% of its gross domestic product in 2018, Zambia is now one of Africa’s most indebted economies.
The country whose external debt stood at more than $10 billion at the end of the first quarter of this year is delaying the receipt of a new loan of $2.6 billion.
01:03
Mozambique: former finance minister on trial in US
01:07
Russia and Iran to continue cooperation with new Iranian govt
01:50
Head of UN migration agency says it has secured billions in new funding
00:50
Gabon says payment dispute with World Bank resolved
01:59
Angola’s 10th edition of banana fair comes to an end
00:52
“Exploitation continues in Africa, but through economic methods,” Lavrov