World Bank to mobilize record $100 billion for world’s poorest Nations
The World Bank (WB) announced on Friday, December 6, in Seoul that it will mobilize an unprecedented $100 billion over the next three years to […]
infrastructure
Mozambique’s Central Bank cuts interest rate to 12.75%
The Monetary Policy Committee (CPMO) of the Bank of Mozambique announced on November 27 a reduction in the monetary policy interest rate, known as the […]
Tragic Situation in Palestinian Territories Requires Decisive Action for Achievement of Immediate, Comprehensive and Sustainable Ceasefire – King Mohammed VI
The tragic situation in the Palestinian territories, especially in the Gaza Strip, and the related regional and international challenges call out to the conscience of […]
Zambia’s Free Education Policy Strains School Resources
Zambia’s implementation of free primary and secondary education has led to a surge in student enrollment, placing significant strain on the country’s educational infrastructure. While […]
Filipe Nyusi announces four million dollars in aid for Quelimane
The Mozambican President announced an aid of 250 million meticais (about 4 million dollars) for the reconstruction of schools and other public infrastructures affected by […]
Washington provides $350 million for road construction in Malawi
The United States has approved a $350 million grant for infrastructure projects in Malawi, praising good governance in the southern African country. The aid, which […]
Debt-ridden Zambia wins round with$1.4 bln promised IMF aid
Zambia’s new president, Hakainde Hichilema, has won a promise of 1.24 billion Euros in aid from the IMF after 100 days in power and intense […]
Gabon: Government to create 30,000 jobs by 2019
Gabonese authorities on Monday unveiled plan to create about 30,000 jobs in various fields over the period 2017-2019 under the Economic Recovery Plan (ERP), local […]
AfDB releases $750 million loan to support Namibia
African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]
Botswana Hopes to Revamp its Ailing Diamond Industry
Diamond sector key stakeholders are converging to discuss Botswana’s capital Gaborone this week to discuss the future of the industry that currently faces enormous challenges […]