African countries urged to sign the Luxembourg Protocol
The Chief of Industrialization and Infrastructure at the Economic Commission for Africa (ECA), Soteri Gatera, has urged African countries to sign the Luxembourg Protocol because […]
Month: November 2018
Congo’s Ebola epidemic is world’s second-biggest outbreak
The Ebola outbreak in eastern Congo is now the second biggest in history, the health ministry said late on Thursday. This outbreak – the second […]
China pledges to build a 650-seat parliament in Zimbabwe
Zimbabwe’s information minister on Friday said Chinese officials have pledged $46 million for a new parliament building, to be built on a plot of farmland […]
Ethiopia gets €10 m from EU to support judicial reforms
The European Union on Thursday announced a support package to support Ethiopia in the area of justice and rule of law. The €10 million […]
Africa’s visa openness improves; challenges persist – Report
The Republic of Benin and Seychelles have ended this year in the top spot of the Africa Visa Openness Index Report 2018. According to the […]
Russian bank ‘mistakenly’ grants $12bn loans to CAR
Vneshtorgbank, Russian Foreign Trade Bank, mistakenly assigned a $12 billion loan to the Central African Republic. The loan was mentioned in a quarterly VTB financial […]
Nigeria: Less than 2 percent GDP growth in 2018 – World Bank
Nigeria’s economy is expected to post less than 2 percent growth this year. The growth is largely driven by the non-oil industry and service sectors, […]
MTN Rwanda inks deal for $56.20 million loan
MTN Group Ltd.’s Rwanda unit has signed a$56.20 million (50 billion francs) loan with eight local banks. MTN Rwanda, which had close to 4.5 million […]
Chad Hosts Regional Summit over Boko Haram
Chadian capital N’Djamena is hosting this Thursday (Nov.29) a meeting of the heads of State of Cameroon, Central African Republic, Chad, Niger, Nigeria to look […]
Tunisia to receive $500 million Saudi loan
Saudi Arabia will give Tunisia a $500 million loan at a favorable interest rate, Reuters reported on Wednesday. According to Nourredine Ben Ticha, an advisor […]