China Yunhong Group to invest over $300 million in Burkina Faso
In Burkina Faso, Chinese industrial giant, China Yunhong Group plans to invest about 200 billion FCFA (about $336.6 million) over the next five years in […]
Finance
Ghana revises fiscal deficit, plans to upgrade cocoa roads
Ghana Finance Minister announced that the government has resumed work on cocoa roads in the west African nation. In the Mid-year Budget Review in Parliament, […]
Ebola in DRC: World Bank pledges $300 million
The World Bank Group has announced a $300 million package of grants and credits to support the fight against the deadly Ebola virus in Democratic […]
AfDB okays $8 million loans to Kenyan SMEs
In Kenya, local financial institution, Credit Bank, has received about $8 million from the African development bank (AfDB) to support lending to small and medium-sized […]
Burkina Faso: IMF approves $25 million credit facility
The Executive Board of the International Monetary Fund (IMF) last weekend completed the second review of Burkina Faso’s economic performance under a three-year program supported […]
KFED sets operational framework for Entrepreneurship Support Agreement with Togo
The Khalifa Fund for Enterprise Development, KFED, has announced an operational set of standards and guidelines to be followed under the recently signed Entrepreneurship Support […]
Don’t expect debt relief, US warns Africa
Tibor Peter Nagy, the US Assistant Secretary of State for African Affairs, has warned African countries running up debt that they should not expect to […]
Comoros: AfDB approves €25.22 million for renewable energy
The African Development Bank (AfDB) has approved the disbursement of €8.63 million to Comoros for the implementation of a power generation program. The funding according […]
France allocates Togo €14 million for waste management
The French Development Agency (AFD) approved €14 million in funding to the municipality of Lomé, to improve waste management in Togo’s capital. Lomé, a city […]
Kenya: President Kenyatta’s housing project attracts $30bln investment
The affordable housing agenda of President Uhuru Kenyatta of Kenya has received investment offer of almost $30 billion (Sh3 trillion), way above the target of […]