IMF in Lusaka to bail out debt
The IMF’s financial support to Zambia to bail out a massive debt that has put the country into default is expected to be concluded in […]
pandemic
IMF board approves $456 million program for Mozambique
The International Monetary Fund on Tuesday granted a $456 million (€432 million) loan to Mozambique, the first since it withdrew six years ago at the […]
Covid: Aspenovax, the made in South Africa vaccine rejected by Africa
The serum manufactured in South Africa is piling up in its production plant because there are no takers. Yet the African continent that it is […]
The World Bank wants to release $170 billion to curb the world’s crises
World Bank President David Malpass announced Monday that he is preparing a $170 billion aid package over 15 months to help countries deal with multiple […]
Economy: Kenyan businesses worried about elections and war in Ukraine
Kenya’s Ministry of Finance presented a $28 billion budget this week. The aim is to revive an economy hit by the loss of hundreds of […]
South Africa: End of restrictions linked to the Covid pandemic
President Cyril Ramaphosa announced earlier this week that all legal restrictions related to the Covid-19 pandemic would end at midnight, stressing that it was time […]
Ghana reopens land borders after two years of closure
It is now possible to enter Ghana freely, without restrictions. The country reopened its land and sea borders on Monday, March 28, which had been […]
Moderna to set up its first vaccine plant in Africa in Kenya
U.S. vaccine maker Moderna announced Monday that it will build its first African vaccine plant in Kenya, after signing a preliminary agreement with that country […]
Curfew lifted and borders reopened in Congo
The government of Congo announced on Monday the lifting of the curfew, in force in the country’s two main cities, as well as the reopening […]
Africa: Morocco’s Election to AU Peace & Security Council, Recognition of Kingdom’s role in Conflicts prevention
Morocco was elected on Thursday member of the Peace and Security Council (PSC) of the African Union for a three-year mandate after receiving more than […]