OPEC Fund provides Uganda with $30m loan to boost smallholder farmers’ productivity
The OPEC Fund for International Development has signed a $30 million loan facility agreement with Uganda to help improve food security and incomes for more […]
Finance
DRC: Central Bank Directors replaced to Meet IMF requirements
For almost two years, the DRC and the IMF have been negotiating the signature of a financing program. One of the very first conditions was […]
WB Lends Morocco $450 Mln for Enhancing Digital & Financial inclusion
The World Bank has approved a $450 million loan destined to support Morocco’s efforts to improve public access to financial and digital services. The funding […]
Common currency in West Africa: The launch envisaged for 2027 after a one-year stop
The project for a common currency for the 15 countries of ECOWAS is back on track after being suspended due to the pandemic. On Saturday […]
UN earmarks $135Mln to fight hunger across Africa, Mideast, Americas
The United Nations has released $135 million from its humanitarian fund to help 12 countries in Africa, the Middle East and the Americas fight hunger, […]
G7 Countries, Partners to invest $80B in Africa’s Private Sector
G7 countries and partners vowed to invest $80 billion in the private sector across Africa, an official statement said on Monday. In the statement, UK […]
Saudi Arabia to support Africa’s post pandemic recovery with $1bn
Saudi Crown Prince Mohamed bin Salman (MbS) Tuesday pledged $1 billion in form of investment and loans as part of the kingdom’s contribution to Africa’s […]
Tunisia eyes $4bn credit facility from IMF to salvage cash-strapped economy
Tunisia is aiming to get a $4-billion loan from the International Monetary Fund (IMF) to save its hard-hit economy, Prime Minister Hichem Mechichi has said […]
Moroccan CFCA, South African Wesgro sign MoU
Casablanca Finance City Authority (CFCA) and the South African Agency Wesgro have signed a memorandum of understanding to promote investment opportunities in Morocco and South […]
OCP Africa, IsDB join forces to boost rice farming in Côte d’Ivoire
Moroccan OCP Africa and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB), signed a partnership agreement to boost […]