Uganda to borrow $1.89 billion amid looming debt crisis
Uganda said it plans to borrow about $1.89 billion from external lenders in the 2020/2021 fiscal year to partly finance its budget. According to the […]
Finance
Tanzania gets AfDB’s $55 million facility to jumpstart private sector-led economic growth
The African Development Bank has approved a $55 million facility to strengthen implementation of reforms to enhance Tanzania’s economic competitiveness and private sector participation in […]
ECOWAS endorses Adesina for second term as President of the AfDB
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the […]
EU approves €59.3 million for structural reforms in Mali
The European Union (EU) has approved €59.3 million (FCFA 38,9 billions) to support two programs in Mali: The State Consolidation Support Program (SBC) and the […]
AfDB approves $204 mln for Morocco’s Social Protection Program
The African Development Bank (AfDB) has approved funding of $204 million to improve social protection in Morocco, the international lender said in a statement. According […]
South Sudan: US Imposes Sanctions on Two Cabinet Members
Washington has imposed sanctions on two member of the South Sudanese cabinet that it accused of fomenting conflict, the US Treasury Department announced. The sanctions […]
Corruption: Angola recovers over $5bn in stolen assets
Angola, which shared the stage with the world’s most powerful oil-producing nations, has recovered more than $5 billion stolen from state coffers so far this […]
Ethiopia secures $3 bln funding from World Bank
Ethiopia’s Prime Minister Abiy Ahmed on Friday announced the Horn of Africa nation had got $3 billion funding from the World Bank. The World Bank […]
Public finances: Niger receives a €35 million grant from AFD
The French Development Agency (AFD) will grant Niger €35 million, or 23 billion FCFA, to support the Sahel country in implementing reforms in the management […]
Morocco’s Central Bank Receives ISO 37001 Certification for Anti-Corruption System
Morocco’s central bank (Bank Al-Maghrib) was awarded the ISO 37001 certification for its Anti-Corruption Management System, for all its core business processes and support processes. […]