Sudan inks agreement with Saudi Arabia to restore banking ties
Sudan and Saudi Arabia will soon re-establish banking relations, to help restore confidence in Sudan’s economy after the lifting of U.S. economic sanctions, the state-run […]
Washington
Chad: African Union surprised at U.S. travel ban
The African Union on Tuesday condemned the latest United States (U.S.) travel ban which has included Chad. An executive orders signed by President Trump on […]
Cameroon to revamp its loss-making national airline
Cameroon’s national carrier, Cameroon Airlines-Corporation (Camair-Co) has embarked on a recovery plan at an estimated 91.5 million euros over the next 5 years, Africanews reports. […]
US extends Sudan’s economic sanctions
The United States has extended its economic sanctions against Sudan by three months, the State Department said in a statement on Tuesday. According to the […]
Mali: economy to post 5.3% growth in 2017
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 […]
AfDB’s boss, Dr Akinwumi Adesina named 2017 World Food Prize Laureate
Dr. Akinwumi Ayodeji Adesina, the President of the African Development Bank (AfDB), has been named the 2017 World Food Prize Laureate. Dr. Adesina, whose name […]
AfDB questions Africa’s annual $35bn food importation
African Development Bank’s president, Akinwumi Adesina on Thursday lamented the negative effects that huge food imports had on the African continent. Speaking at the Center […]
Egypt’s El-Sisi visits Trump, vows to work with the U.S.
Egyptian President Abdel Fattah el-Sisi was President Donald Trump’s honored guest at the White House on Monday. President Abdel Fattah el-Sisi, whose government has been […]
Tanzania Gets $259 mln Funding for Power Grid
The African Development Bank and the Japan International Cooperation Agency have granted $258.82 million to Tanzanian government for a high voltage electricity line to connect […]
Namibia’s Economic Growth Slowing – IMF
Slow budgetary consolidation efforts by authorities as well as a slowdown in the buildings and public works sector could put the brakes on Namibia’s economy, […]