IMF approves $688 million precautionary loan for Kenya
The International Monetary Fund has announced on the 12th February, a precautionary credit line of nearly $ 688 million for Kenya to prevent the country […]
Finance
AfDB plans to orient 800,000 young African graduates to agriculture
The African Development Bank (AfDB) has expressed on Tuesday, January 27th its support to the African Union (AU) in implementing Africa’s commitments for an accelerated […]
Kenya: Remittances up to 10.7% in 2014 with $ 1.43 billion
Transfers of Kenyan migrants to their home country has reached $ 1.43 billion in 2014, up to 10.7% year by year, announced by the Central […]
Ghana: India provides funding of $ 150 million to support agricultural mechanisation
The Indian government has granted to Ghana, a credit line of $ 150 million to support the implementation of an Agricultural Mechanisation Service Centre (AMSEC) […]
BGFIBank opens a subsidiary in Senegal
The Gabonese BGFIBank banking group has obtained the authorization of the Senegalese authorities for the creation of its subsidiary in this West African country, reports […]
Côte d’Ivoire will launch One billion Eurobond this month
One week after the announcement of the Ivorian Minister of Economy, Nial Kaba that Ivory Coast will launch a new Eurobond in February to capture […]
Nigeria: Dangote launches tomato processing factory in Kano
Tomato farmers in Kano State would have a reason to smile soon and also to overcome the uncertainties surrounding their business as Dansa Foods, a […]
Rwanda is one of Africa’s economic success stories (Christine Lagarde – IMF)
Ms. Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), has conducted a four-day visit to Rwanda which end on the 29th January […]
Cashew: Ivory Coast plans a production of 600,000 tons for the next season
Ivory Coast will produce 600,000 tons of raw cashew nuts during the 2014-2015 campaign, which opens next February, according to an information given on the […]
IDB approves funding of $ 189 million for four African countries
The Islamic Development Bank (IDB) has approved, on the occasion of the 302nd meeting of its Board of Directors held on January 18th, the funding […]