Buhari: ECOWAS is under risk of dislocation as ECO currency will replaces CFA
The President of Nigeria, Muhammadu Buhari, spoke for the first time on Wednesday 24 June of a risk of dislocation of ECOWAS, in case of […]
Finance
Switzerland opens criminal investigation against Glencore for corruption in the DRC
It was the Anglo-Swiss trading, brokerage and materials extraction company that made the information public last Friday, after the stock exchange closed. Specializing in commodities […]
AfDB grants Tunisia €180m to handle fallout from covid-19
The African Development Bank, AfDB, Wednesday approved a €180 million loan to finance Tunisia’s efforts to fight covid-19 and address economic and social impacts of […]
The AfDB has taken no action against its president Akinwumi Adesina
Urged by Washington to agree to an independent investigation of its President Akinwumi Adesina, accused of prevarication, the African Development Bank (AfDB) said on Thursday, […]
AfDB Grants €264 million to Morocco to help fight Covid 19
To support the “Covid-19 response support program” launched by Moroco, the Board of Directors of the African Development Bank (AfDB) has decided to grant €264 […]
Fight against desert locusts will take time, despite significant control gains – FAO Director
The Director-General of the Food and Agriculture Organization of (FAO), QU Dongyu, has warned that efforts to control desert locusts will take time, noting increased […]
DR Congo: Government resumes income tax collection
The suspension of income tax collection in DR Congo, decided at the end of March to cushion the coronavirus crisis, will not have lasted the […]
France adopted the bill rectifying the end of CFA franc
The bill ratifying the end of the CFA franc was adopted on Wednesday 20 May in the Council of Ministers by the French government. This […]
Coronavirus Lockdown Costs Morocco $100 Mln Per Day
The coronavirus lockdown, enforced in Morocco from March 20 to June 20, has been extended for three more weeks till June 10 to prevent the […]
COVID-19: Diaspora’s money transfer to Africa may decline by 23%
Remittances from the African diaspora are expected to decline by 23% this year due to the COVID-19 pandemic and its economic consequences. This year, the […]