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Finance

Morocco’s BCP Group Teams up with IFC to Boost Economic Development in Sub-Saharan Africa

July 17, 2017 Geraldine Boechat 0

Morocco’s Banque centrale populaire group (BCP) and the International Finance Corporation (IFC) signed in Casablanca, last week, a Memorandum of Understanding (MOU) to consolidate their […]

AfDB, IsDB to Inject $2 billion in Africa

July 12, 2017 Steven Addamah 0

The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have agreed to jointly pull together the sum of $2 billion over the next […]

Mali: economy to post 5.3% growth in 2017

July 10, 2017 Geraldine Boechat 0

Malian economy is expected to grow by 5.3% this year and 5% the following year, the International Monetary Fund reported. These performances will be driven […]

US congress to okay $525 million deal with Côte d’Ivoire

July 7, 2017 Geraldine Boechat 0

The United States’ sponsored program, the Millennium Challenge Corporation (MCC), on Thursday submitted to the US Congress “for examination and consideration,” a budget proposal for […]

Electricity: Cameroon and Deutsche Bank ink FCFA 30 billion deal

July 6, 2017 Khalid Al Mouahidi 0

Cameroon has signed three credit agreements valued at FCFA 30.18 billion to boost electricity transmission networks in the country’s capital, Yaoundé, local media reported. The […]

AU secures $150 mln to boost Africa’s geothermal energy

July 4, 2017 Geraldine Boechat 0

The African Union has mobilized about $150 million in geothermal energy development in East Africa, Chinese News Agency Xinhua reported. According to Rashid Ali Abdallah, […]

IMF approves $666 mln loan for Cameroon

June 28, 2017 Geraldine Boechat 0

The International Monetary Fund executive board on Monday approved a $666 million, three-year extended credit facility for Cameroon to support economic and financial reforms in […]

Niger to raise FCFA 40 billion on UEMOA market

June 23, 2017 Geraldine Boechat 0

The government of Niger intends to raise about FCFA 40 billion on the financial market of the West African Economic and Monetary Union (UEMOA), through […]

South Africa’s recession will end soon – Jacob Zuma

June 23, 2017 Steven Addamah 0

Embattled South Africa’s President Jacob Zuma on Thursday said he was confident that the Southern African Biggest economy will emerge soon from its recession. South […]

Djibouti to launch digital currency

June 21, 2017 Khalid Al Mouahidi 0

The Central Bank of Djibouti will soon launch its digital currency, the state-run television (RTD) announced. The Bank’s Governor, Ahmed Osman Ali, said the project […]

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  • Mali Announces Withdrawal of Recognition of Pseudo “Sahraoui Republic”, a New Momentum to Sahara Issue, Kenya Supports Autonomy Plan
  • Sudan’s Health System in Collapse After Three Years of War – MSF Warns
  • African Union Backs Ceasefire in US-Israel Conflict with Iran, Warns of Economic Strain on Continent
  • Gambia Names UK Prosecutor to Lead Justice Drive Over Jammeh-Era Atrocities
  • Kenya Lodges Protest to UN Over Haiti Abuse Claims Report
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