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Finance

Tunisia: Solidarity Bank approves over $3 million financing for 33 citizen companies

October 29, 2024 Pawla Nibramich 0

Since the initiation of the Tunisian Solidarity Program, the Tunisian Solidarity Bank has provided financing for 33 citizen companies throughout Tunisia, representing an investment of […]

Donor Countries, Organizations Pledge $1.1 Billion for Displaced People in Sahel & Lake Chad

October 28, 2024 Steven Addamah 0

Pledges at a donor conference held in Jeddah this weekend to support displaced people and refugees in the Sahel and Lake Chad region exceeded $1.1 […]

World Bank unveils Egypt’s 2024-2025 external debt repayment plan

October 27, 2024 Geraldine Boechat 0

On October 24, the World Bank has outlined Egypt’s external debt repayment obligations for the current fiscal year, totaling $60.8 billion scheduled between July 2024 […]

IMF sees Angola growing 2.4% and all PALOP countries record expansion this year

October 23, 2024 Steven Addamah 0

The International Monetary Fund (IMF) forecasts Angola’s economy to grow by 2.4% in 2024 and 2.8% in 2025, both below the regional average. According to […]

World Bank will Focus on job creation and agricultural development in Africa

October 21, 2024 Steven Addamah 0

The World Bank (WB) and International Monetary Fund (IMF) kicked off their annual meetings on Monday, October 21, in Washington. These week-long sessions provide an […]

IMF: Mauritania on the right track in implementing Fund reforms

October 18, 2024 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) has commended Mauritania for its effective reforms, noting improvements in public finances, monetary policy, exchange rate flexibility, and governance, all […]

AfDB, AFD strengthen partnership in favor of youth entrepreneurship

October 17, 2024 Pawla Nibramich 0

The African Development Bank (AfDB) and the French Development Agency (AFD) have strengthened their partnership to support young entrepreneurs in Africa. AfDB President Akinwumi Adesina […]

Inflation rate in Angola stood at 29.93% in September

October 17, 2024 Steven Addamah 0

Angola’s inflation rate reached 29.93% in September 2024, a sharp increase of 14.92 percentage points compared to the same period in 2023, according to data […]

Zimbabwe Announces Compensation Plan for White Farmers Displaced in Land Reform

October 17, 2024 Steven Addamah 0

Zimbabwe’s government has unveiled a plan to compensate white farmers who lost land and property during the controversial farm seizures initiated over 20 years ago. […]

Tunisia: Proposal to eliminate value-added tax on the supply and sale of coffee and tea

October 16, 2024 Khalid Al Mouahidi 0

The draft finance law for 2025 includes a proposal to eliminate the value-added tax (VAT) on the supply and sale of coffee and tea. This […]

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