World Bank cuts Africa growth forecast

The World Bank has downgraded its economic growth forecast for sub-Saharan Africa. Bloomberg reports that Sub-Saharan Africa will likely grow 3% this year, somewhat lower than an April forecast of 3.4%, the Washington-based lender said in its Africa Pulse report published Monday. The slower growth rate was largely blamed on the conflict in Sudan which started 18 months ago and has continued to escalate.

Written by: Tonata Kadhila

Africa development Africa Pulse Economic Growth Economic Outlook Global Economy Growth Forecast regional economy sub-Saharan Africa Sudan Conflict World Bank

Tourism Board Calls for Informal Market Integration

4 February, 2026

Business / Economics

NIDA owes Keetmanshoop municipality nearly N$4.2 million

By: Hertha Ekandjo The Namibia Industrial Development Agency (NIDA) has confirmed that it owes the Keetmanshoop municipality approximately N$4.2 million in outstanding water and electricity charges as of end of January 2026. NIDA spokesperson, Wessel !Nanuseb, says the outstanding electricity bill currently amounts to N$2.8 million, while water stands at […]

3 February, 2026