400 million loan for green energy in South Africa
South African energy producers will benefit from a loan of 400 million euros, notably from the European Investment Bank (EIB), to develop renewable energy in […]
World Bank
Mozambican government requests international funding for the country’s private sector
Mozambique’s Economy and Finance Minister, Max Tonela, on Monday in Washington called for support from the African Export and Import Bank (Afrixembank) for the country’s […]
Mozambique: World Bank resumes direct support to the State Budget
World Bank to disburse $300 million in direct support to Mozambique’s State Budget, six years after international partners suspended the model due to hidden debts. […]
Ticad Summit: Japan wants “African-led” development
Japan says it wants to establish a true “partnership” with Africa for “African-led development” at its triennial summit with the continent this weekend in Tunis, […]
Kenya’s Vice-president promises to expel some Chinese if elected President
Kenya’s Vice-president and presidential candidate William Ruto has said he will deport Chinese nationals from jobs that could be done by Kenyans if he is […]
Nigeria’s Buhari asks ministers with political ambition to resign
As Nigeria’s February 2023 presidential election approaches, the number of candidates to succeed Muhammadu Buhari is increasing. Tunde Bakare, a popular Pentecostal minister, and Godwin […]
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 […]
Namibia to accelerate exploration of deep-sea oil field
Namibia intends to accelerate the development of its first oil field to ensure production by 2026, an energy official said Monday. The revelation follows a […]
Nigerian government maintains fuel subsidies
Nigeria’s government has announced that it will once again abandon the removal of fuel subsidies, a hugely popular measure in Africa’s most populous country, a […]
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. […]