Economic outlook ‘uncertain’ for Sub-Saharan Africa; 2022 growth forecast at 3.6% – IMF

ZAWYA The outlook for Sub-Saharan Africa’s economies remains “highly uncertain”, the International Monetary Fund (IMF) has said, claiming that the “countries in the region are living on the edge”. In its latest “Regional Economic Outlook for Sub-Saharan Africa”, the Washington-based fund projected that the region is likely to grow by 3.6% in 2022, down from…

Angola launches second satellite in space

Arnaldo Vieira, The East African Angola on Wednesday successfully launched in orbit its satellite, Angosat-2, the second satellite the country has launched. Angosat-2 was launched by the “Proton-M” rocket and was sent from the Baikanur aerospace station is Kazakhstan at 3pm (GMT). The satellite, weighing about two tonnes, has the capacity to cover the African continent…

World athlete of the year 2022: Fraser-Pryce, Miller-Uibo and Jackson on list

BBC NEWS Jamaican sprinters Shelly-Ann Fraser-Pryce and Shericka Jackson are among the 10 nominees for World Athletics’ Women’s Athlete of the Year award. World 400m champion Shaunae Miller-Uibo of the Bahamas and Kenya’s 1500m world champion Faith Kipyegon are also on the list. Five athletes will be shortlisted in November before the winner is announced…

Egypt’s furniture exports hit $170mln in 8 months; Saudi Arabia tops importers

Staff Writer, Mubasher Cairo –  Egypt recorded an 8% year-on-year (YoY) decline in the value of furniture exports to $170 million during January-August 2022, Ahram Gate cited the Egyptian Furniture Export Council (EFEC). Saudi Arabia advanced the countries importing furniture from the Arab Republic in the first eight months (8M) of 2022 with $60 million, higher than…