The Comorian government will meet with several financial partners in Paris next month. The Indian Ocean archipelago seeks to mobilize €4.5 billion ($5 billion) in investments for several projects mainly in tourism and infrastructure sectors.
The announcement was made on Tuesday by the Economy Minister Houmed Msaidie (pictured), during an interview with Bloomberg. The operation comes a few months after the re-election of President Azali Assoumani, who had announced his intention to make tourism one of the country's new growth mainstays.
These investments, which will be provided in the form of loans or grants, are mainly aimed at diversifying the economy of the archipelago, which is strongly dominated by horticultural exports.
Moutiou Adjibi Nourou
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Kibali gold mine revenue rose 40% in 2025 to $1.04 billion despite a 2% decline in attributable production. Rising gold prices offset lower...
Africa needs 6.1 million additional health professionals to reach universal health coverage by 2030, Africa CDC says. Only Rwanda, Botswana, and...
Ivory Coast set the 2026 minimum farmgate cashew price at CFA400 per kilogram, down 6% year on year. Authorities cited weaker international...
BW Energy’s Angola offshore entry faces partner preemption notice Partner may exercise right of first refusal on Blocks 14, 14K Deal with Azule Energy...
The Pan African Film & Arts Festival (PAFF) will run from February 7 to 22, 2026, in Los Angeles, positioning itself as a major soft power platform for...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...