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 […]
Finance
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 […]
South Africa: Carbon tax implementation expected this week
South Africa’s long-delayed carbon tax will be implemented on 1 June 2019. The bill has been enshrined in law, the treasury said on Sunday. The […]
UAE investments in Egypt reach $6.66 billion in 2018
UAE investments in Egypt slightly went up in 2018 to reach $6.66 billion compared to $6.513 billion in 2017. The figures were disclosed by UAE […]