The Board of Directors of the International Monetary Fund -IMF- approved on April 2, the disbursement of SDR80.1 million (about $109.4 million)...
Madagascar will benefit from $165.99 million from the International Monetary Fund under the Rapid Credit Facility (RCF) to pursue the fight against...
The Export-Import Bank of the United States has just approved a loan of $91.5 million to facilitate rural electrification in Senegal. The funds will...
The Government of Mozambique will receive $34 million from the African Development Bank (AfDB) to pursue the construction of the 35 km Nambungali -...
The Executive Board of the International Monetary Fund (IMF) approved on April 1, 2020, a disbursement for the equivalent of 17.213 million Special...
The UN's COP 26 climate change conference initially scheduled to take place in November 2020 in the city of Glasgow, in Scotland, has just been postponed...
The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the...
Tanzania will benefit from a $500 million financing granted by the World Bank, the institution announced in a statement. The money will be directed...
The Ivorian government has mobilized an additional CFA28 billion (about $46 million) to help the health ministry in the fight against the novel...
MSC Mediterranean Shipping Company’s new “Suspension of Transit” (SOT) programme is a flexible cargo service that will help to fulfil the imminent...
The World Bank announced Wednesday it will disburse $133 million to improve the delivery of essential public services in Mauritania. The amount...
The President of Egypt, Abdel Fattah al-Sisi (pictured), called relevant authorities to increase the country’s strategic food reserves. This is part of...
The Angolan government will establish new free trade zones to boost its investments. The announcement was made by Sergio Santos (pictured), the Minister...
The stringent restrictive measures adopted by governments to control the propagation of the novel coronavirus pandemic across the world are expected to...
In times of uncertainty, data is certainly one of the levers to press. Over the past weeks, as a result of this unprecedented global pandemic, nations are...
The government of Niger has granted travel agencies a 3-month tax exemption to help them face the challenges that come with the restriction measures put...
Almost a year after it suspended the use of foreign currencies, the government of Zimbabwe has now allowed citizens to carry out domestic transactions in...
The African Development Bank (AAA) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the...
Uganda lost USh130 billion (about $34 million) on the public securities market between February 21 and March 13 due to the novel coronavirus still...
In a March 24 statement, the Central Bank of Egypt (CBE) announced it will grant 2-year loans to tourism establishments with a grace period of 6 months....
The government of South Africa announced plans to set R200 million ($11.3 million) fund to support tourism and hotel businesses negatively impacted by...
Aero Contractors has offered the government of Nigeria its fleet as logistical means to help in the fight against the covid-19 pandemic which has already...
Last year, Rwanda recorded economic growth of 9.4% and GDP reached 9,105 billion Rwandan francs (about $9.6 billion). Figures were provided by the...
The President of the World Bank Group, David Malpass (pictured), has urged G-20 countries to suspend bilateral debt repayment for the poorest countries....
Kenya is seeking $1.1 billion from Bretton Woods institutions amid the current pandemic, according to information provided by Bloomberg. The...
The coronavirus pandemic is hampering the fight against locusts, which have been devastating crops in many countries in the region in recent...
Algeria will spend $100 million to buy pharmaceutical products to have enough stock to face the novel coronavirus pandemic. The announcement was...
While the number of confirmed coronavirus cases has already reached 1,000 people in Africa, the international community is worried that the continent,...
The World Bank announced a new investment of $500 million to improve low-income housing in Egypt. The money will help the local government’s efforts...
Uganda has revised down its economic growth forecasts for the fiscal year 2019-20. From 6%, growth is now expected to be between 5.2% and 5.7%, the...
In Egypt, remittances reached $26.8 billion in 2019, 5% higher than the $25.5 billion the previous year. Figures were provided by the Central...
During a joint session yesterday March 17, the two Houses of the Ivorian Parliament approved the draft revision of the constitution. This first revision...
Sierra Leone will look to the African Development Bank to stimulate agribusiness development in the country with a focus on rice production, its president...
Egyptian President, Abdel Fattah al-Sissi (pictured), on Sunday 15 March 2020, issued a resolution approving the financing agreement signed on 18 February...
Chinese billionaire Jack Ma (pictured), founder of Alibaba, announced on March 15 he will donate 20,000 testing kits and 100,000 face masks to each...

Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

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