World Bank supports Morocco’s governance modernization with $450 mln loan
The World Bank approved on Dec 15 a loan of $450 million in support of Morocco’s governance efforts notably in terms of public sector modernization. […]
World Bank
President Obiang, 42 years in power, running for a 6th term in Equatorial Guinea
The president of Equatorial Guinea Teodoro Obiang Nguema Mbasogo, who holds, with 42 years, the world record of longevity of a Head of state still […]
Covid-19: Aspen receives €600 million in funding for vaccines in Africa
International donors on Wednesday pledged 600 million euros to the South African pharmaceutical giant Aspen to boost production of coronavirus vaccines in Africa, where only […]
Mozambique: The World Bank grants 100 million dollars for the north of the country
Two days after the announcement of the suspension of the gas project of the French group Total in the northeast of Mozambique, the World Bank […]
Central African Republic: Faustin-Archange Touadéra sworn in for a second term
The President of Burundi was on hand, as were the Prime Ministers of Rwanda, Cameroon and Gabon, while Angola, Congo, Chad and Equatorial Guinea were […]
DRC: Alleged embezzlement scandal blocks World Bank aid
A little more than a year after the introduction of free primary education, the flagship measure of President Felix Tshisekedi, a scandal of alleged misappropriation […]
World Bank backs Morocco’s Generation Green program with line of credit worth $250 million
The World Bank Wednesday announced it approved $250 million in form grant to Morocco for the financing of its Generation Green program in support for […]
Sudan announces transfer of $335 million intended to compensate U.S. victims of terrorism
Sudan claims to have transferred money intended for the victims of the 1998 and 2000 attacks against US interests. Al Qaeda had attacked the American […]
World Bank: Forty million Africans are at risk of falling into extreme poverty because of the Covid-19 pandemic
Leaden by the economic fallout from the Covid-19 pandemic, growth in Sub-Saharan Africa is expected to drop to -3.3% in 2020, leading the region into […]
Despite Covid 19 slowdown Comorian diaspora increase its money transfers towards home
Comorians in the diaspora have been particularly generous since the beginning of the Covid-19 pandemic. money transfers increased by a third in the first five […]