West Africa is increasingly becoming a fertile ground for pirates, the International Marine Bureau (IMB) reveals in its 2018 report on maritime...
The European Commission has approved a grant of 5 million euros to the African Legal Support Facility, to finance the Facility’s Medium Term Strategy for...
Angola plans to cut expenditures in its 2019 state budget, Valor Economico informed citing a release by the country’s finance ministry.
The media...
The International Criminal Court has just acquited the former Ivorian president Laurent Gbagbo (photo) and his then youth minister, Charles Blé Goudé. For...
Egypt plans to issue $2 billion of samourai bonds, Reuters reported on January 13, 2019, citing official sources.
Samourai bonds are...
The African Development Bank will launch the 2019 edition of its flagship African Economic Outlook (AEO) report on Thursday, January 17, 2019, at its...
This year, the eight countries of the West African Economic and Monetary Union (WAEMU) plan to issue XOF2,723 billion ($4.82 billion) in the debt market...
On January 9, 2019, World Bank forecasted that Algeria’s economy should grow by 2.3% in 2019 and 1.8% in 2020.
In its report on the World Economic...
In the democratic republic of Congo, the suspense has ended. The candidate of the opposition Félix Tshisekedi was proclaimed "the temporary winner" of the...
The Board of Directors of the African Development Bank Group has approved a USD 32.5 million equity investment in Climate Investor One’s (CIO)...
Uganda has chosen a public-private partnership for the construction and exploitation of a $1.5 billion highway, Reuters reported on January 8,...
The Economist Intelligence Unit (EIU) has just published its 2018 Democracy index. Taking 50 African countries into account, the index titled “Me too?"...
Malawi’s economy should grow by 7% in 2019, the country’s finance minister, Goodall Gondwe (photo) estimated on January 3, 2019, pointing out the...
The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of...
On January 7, 2019, Jim Yong Kim who has been the president of the World Bank since the past six years announced his resignation that should take effect...
Kenya’s exports to the USA reached a record level during Q3, 2018. According to Business Daily Africa, which cites Kenya’s National Bureau of Statistics,...
Early morning today January 7, 2019, Gabon witnessed a failed coup attempt. Around 4 AM, many soldiers took control of the national radio broadcasting...
This year, Mauritius was the best African country for doing business, according to a ranking published by the American magazine Forbes. This island of the...
In Q3, 2018, Kenya’s economy recorded a 6% growth against 4.7% during the same period in 2017, according to figures published by the Kenya National Bureau...
The African Development Bank Civil Society and Social Innovation Division organized a one- day “Civil Society Awareness Brown Bag Lunch” on 19 December...
Algeria’s foreign reserves fell from $97.33 billion on December 31, 2017, to $82.12 billion at the end of November 2018, Mohamed Loukal...
In the Democratic Republic of Congo, the presidential elections would no longer be held on December 23, 2018, as planned, Corneille Nangaa (photo),...
By end September 2018, the volume of public procurement markets approved in Côte d’Ivoire was XOF1,038.72 billion (about $1.8 billion) against...
In Nigeria, the unemployment rate rose to 23.1% in the third quarter of 2018, against 18.1% a year earlier, representing a 5% rise within a year,...
Sudan expects the economy to grow by 5.1% in 2019 against 4% in 2018, according to the government's draft bill adopted on December 19, 2018.
The draft...
The curtain has fallen on COP24, this year’s global climate summit held in Katowice, Poland. However, negotiations continued throughout the weekend to...
In a release published on December 12, 2018, the German development bank Kreditanstalt für Wiederaufbau (KfW) announced that it granted €100 million...
Senegal obtained pledges of XOF7,356 billion (about $12.72 billion) from its technical and financial partners for the financing of the second phase...
The Governing Council of the African water Facility (AWF) has commended the Facility for mobilizing over €1.4 billion for the implementation of...
Ghana plans to build a new airport in Takoradi, a coastal town 225 km Southwest from the capital Accra, the deputy minister for aviation Kwabena...
The eventual transfer of part of utility group Eskom’s ZAR419 billion ($ 30 billion) debt to South Africa could lead to a 2% rise in the country’s...
Eight pilots have successfully passed their drone flight training in Tunisia following a two-week intensive training period organized by the Ministry of...
Africa must unlock the power of its women and girls if it is to adapt to climate change, cope with disasters and build its green energy sector.
That is...
In a statement published on December 11, 2018, Fitch Ratings affirmed Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a...
Djibouti allocates 1 million square meters of land to Egypt for the construction of a logistics zone
Djibouti's ambassador to Egypt Mohamed Zohr Harsi announced that his country allocated 1 million square meters of land to Egypt for the construction of a...
Tunisia’s trade deficit rose by 20.7% on a year- on- year basis during the first eleven months of 2018 to reach TND17.32 billion ($5.83 billion) against...
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