In 2022, Zimbabwe posted a 284% inflation, which greatly impacted residents’ cost of living and reduced purchasing power. To improve the general welfare...
Despite the drought and difficult security situation, Somalia has continued the implementation of reforms under its Extended Credit Facility (ECF)...
In 2020, tourism contributed 7% to Morocco’s GDP but since then, arrivals are still below the 2019 level due notably to the impacts of the coronavirus...
According to Burkina Faso, greater priority should be given to security challenges that threaten development initiatives. While acknowledging the...
The Africa Investment Forum marked International Women’s Day by hosting a special evening session for African women business leaders and innovators under...
During his visit to Addis Ababa, US Secretary of State Antony Blinken reaffirmed his country's intention to support peace in Ethiopia, marked in recent...
Italian President Sergio Matarella has been on an official visit to Kenya since Monday 13 March. During his stay, the leader intends to give a new impetus...
Initially announced for 2022, the first mobile vaccine production units of the German pharmaceutical company BioNTech arrived in Africa on Monday 13...
Ugandan President Yoweri Museveni is on an official visit to Algeria since Saturday, March 11. The visit comes at a time when Algeria and Uganda, two...
The outlook for the Eswatini economy is positive in the near term but some of the Kingdom's vulnerabilities remain and could constrain economic growth....
The African Development Bank Group, on 9 March 2023, announces a 15-month debarment of Ogon-Asu Company Ltd. and its Chief Executive Officer, Mr. William...
The African Development Bank and the Coalition for Dialogue on Africa (CoDA) have officially launched a three-year support project to improve regional...
Ghana is trying to break out of the vicious circle of its sovereign debt, which, although modest, is now perceived as risky by some investors....
Africa Fashion Up, the first large-scale Parisian event dedicated to contemporary African fashion, returns this year for a third edition placed under the...
The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank has approved a technical assistance grant of $5.03 million to...
The Angolan government says the assets "embezzled" under former President Jose Eduardo Dos Santos include real estate, company shares, cars, and hard...
The Republic of Zimbabwe became the sixth signatory to the Establishment Agreement of the Fund for Export-Development in Africa (FEDA), the development...
A year after launching the EDGE certification process, the African Development Bank has attained Level 1 Assess, in recognition of its commitment to...
US nominee for World Bank Group President, Ajay Banga began his global tour on Monday, with his first stop in Abidjan, Cote d’Ivoire where he met the...
Despite an expected 3% growth for 2023, Morocco’s economy is still facing supply shocks that are causing inflation. On Monday, March 6, the IMF board met...
In application of its 2021-2024 poverty reduction strategy “New Direction”, Sierra Leone is implementing several measures to develop all sectors of the...
To cushion the impacts of various global shocks on its economy, Egypt has implemented several reforms in areas such as industry, food self-sufficiency,...
COVID-19, floods, and the war in Ukraine have harmed South Sudan, whose growth dropped from 12.9% to -4.9% between FY 2019/20 and FY 2020/21. The numerous...
African economies remain resilient with a stable outlook in 2023-2024, despite the tightening global financial conditions, the African Development Bank...
Five days after a tight presidential election that broke turnout records, Nigeria now has the name of its new president. At 70, Bola Tinubu who has long...
Representatives of the African Development Bank and the United Nations Refugee Agency have conducted a joint visit to Central African Republic to explore...
Expanding financial access for Liberia’s artisanal and small-scale mining sub-sector is feasible through formalization and de-risking measures, according...
The Malian economy is facing several challenges aggravated by sanctions from regional institutions and the impacts of the COVID-19 pandemic and the...
Côte d'Ivoire wants to reduce its dependence on foreign countries for its supply of animal proteins. To this end, it is multiplying initiatives to...
Angola's heavy dependence on oil has weakened the economy in recent years. To boost growth, the government has embarked on an IMF-supported economic...
The number of illegal migrants is rising in Tunisia, especially in flourishing, tourist, industrial, and farming areas. To reduce that number, the...
This success confirms the company's strategy of internationalization, which enables it to participate in developing the 6th largest high-speed rail...
Heads of African Union member states have called for more commitment and accountability in Africa’s effort to achieve continental and global goals for...
The 2022/2023 fiscal year begins with stronger growth but some pressures, inflation and currency depreciation notably, threaten that...
In recent years, the number of joint projects implemented by Uzbekistan and Egypt has increased sixfold, according to Uzbek President Shavkat Mirziyoyev....
Mauritius has made significant strides in bolstering its public procurement system, but there is room for improvement in electronic procurement and...
Live News
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Investment: A Canadian business delegation visits Togo to explore opportunities in the mining, energy, and port sectors
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WAEMU: BOAD launches a $246M securitization operation
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Togo: Government urges local banks to support the treasury’s issues on the regional money market
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Togo: Inflation expected to fall to 6.8% in 2023
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Egypt’s CIB partners with IFC to improve climate risk integration
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Zimbabwe ups wages by 100%
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Guinea seeks MTN’s expertise to relaunch a state-owned operator
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World Water Day 2023: “Accelerating Change in solving Africa’s Water and Sanitation Crises”
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Minimum wage revision: Cameroon PM managed to satisfy all parties, despite accusations of labor code violation
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Information and communication services grew by 8.5% QoQ in Q3 2022, driven by the Internet and mobile money
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