A common crypto currency and an integrated capital market could boost trade in Africa and sustain growth after the Covid-19 crisis, experts said at the...
The Ghanaian Parliament says it will downwardly revise the levy it has recently imposed on e-transactions.
Speaking on the local TV channel Joy News on...
The International Monetary Fund has hailed the "strong macroeconomic fundamentals" that have helped Benin to be resilient to covid-19. Since 2016, the...
African heads of state and government together with senior policymakers will share their perspectives on how to reshape Africa’s development financing...
The African Development Bank and IFC, a member of the World Bank Group, on Wednesday signed a partnership agreement admitting IFC as the first...
The media industry in many African countries has long suffered from a lack of support from authorities. To break this trend, the Ivorian government has...
The USAID announced an investment to assist the about six million children and their families who lack clean water in Ghana (World Vision International’s...
China will waive $10 billion of its special drawing rights (SDRs) to support African countries. The announcement was made on Monday by Chinese...
The African Development Bank’s African Natural Resources Centre and the Sustainable Energy Fund for Africa have hosted the first in a series of webinars...
Akinwumi Adesina, President of the African Development Bank (AfDB), announced the postponement of the Africa Investment Forum, initially scheduled for...
In a report issued yesterday November 28, the UN World Tourism Organization revealed that tourist arrivals in Africa fell by 74% in the third quarter of...
The value of merger-acquisition deals in Africa has already reached $58.2 billion this year, we learned from market data. This is the highest value...
The International Monetary Fund (IMF) approved the disbursement of $6.97 million to support The Gambia’s recovery. The funding is part of the...
After an Extended Credit Facility (ECF) agreement that ended in May 2020, Benin is negotiating a new financing program with the IMF. As part of these...
Côte d’Ivoire has jumped 24 places higher in the ranking of prosperous countries worldwide between 2011 and 2021. This is the greatest improvement in...
Israel initiated last year, under the leadership of former U.S. President Donald Trump, a strategy to normalize its relations with Arab countries. As part...
The Board of Directors of the African Development Bank has approved a new Water Strategy for 2021-2025: “Towards a Water-Secure Africa.”
The five-year...
The European Investment Bank (EIB) announced that it has partnered with the Rwanda Development Bank (BRD) to support businesses affected by the Covid-19...
Ivorian MPs adopted for the next fiscal year a state budget of CFA9,901.1 billion (about $16.9 billion), up 17.9% compared to 2021. Of this...
Jean-Yves Le Drian threatened sanctions against Mali's current leaders, saying the current Malian government is nothing but a coup government. The...
Following his trips to Kenya and Nigeria, the U.S. Secretary of State Antony Blinken ended his African mini-tour in Senegal. With Senegalese authorities,...
Africa has recently become a melting pot where many international companies meet. The continent is undoubtedly going through a shift on its economic,...
The Ivorian government sets plans to increase its defense investment next year. To address the growing terrorist activity in the country, Côte d'Ivoire...
Following the previous dip of remmitances to sub-saharan Africa by 0.4% in 2019 and 12% in 2020 due to the pandemic, things have improved this year....
Zimbabwe will not receive financial support from the International Monetary Fund (IMF). In a November 16 statement, the institution said the decision is...
Africa has lost an estimated $17.1 billion in tax revenue due to tax evasion by rich countries and multinationals. The figure is revealed in the...
The Ivorian government says it will invest $800 million (more than CFA460 billion) between 2021 and 2025 to empower the youth. The plan was unveiled...
The government of Nigeria plans to vaccinate at least 55 million people by the end of January next year. This was announced by Boss Mustapha (pictured),...
The International Monetary Fund (IMF) announced the disbursement of $372.4 million to help Tanzania strengthen its response against Covid-19. The...
Russian Foreign Minister Sergey Lavrov reiterated his country’s commitment to supporting the ongoing effort of Malian authorities to restore peace on...
Yesterday, Mozambican President Filipe Nyusi sacked his Defense Minister Jaime Neto (pictured). "The President of the Republic, Filipe Jacinto Nyusi, has...
Egypt and China reached a new agreement to reinforce their collaboration. The deal will see China finance many development projects in the African...
The government of Benin unveiled the strategy it has set to finance the agriculture sector from 2021 to 2030. The plan was revealed during the Ministers’...
Since the coup in September, Guinea has engaged in a transition process under pressure from the ECOWAS. At the end of a summit held on November 7, the...
Egypt has long been Washington’s strategic political and security partner in the Arab world. The two allies now seek to expand their partnership...
Although Africa is the lowest emitting region worldwide (2-3% of CO2 emissions), it is the most vulnerable to climate change. Many partners have already...
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