Over the first quarter this year, Nigeria’s economy advanced by 1.8%, down from 2.55% the previous quarter, the slowest growth rate in a year and a half....
The government of Rwanda announced on May 21 the disbursement of $152 million to support the national airline -Rwandair- in this pandemic.
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The World Bank approved this week $500 million in low-interest loans and grants to battle locust swarms in Africa and the Middle East.
In Africa,...
Rwanda is expecting a crash in its GDP growth this year mainly due to the current coronavirus crisis that affected key sectors. The minister of finance...
The military base of Bilabirim, located 36km northeast of Nguigni in the region of Diffa, was attacked during the night of May 18 to 19 by the Nigerian...
The Director-General of the Port Authority of Dakar (PAD), Ababacar Sédikh Bèye, reported on 20 May a turnover of CFA61.3 billion (about $$102.4...
The Egyptian government announced it has granted a subordinated loan of EGP2 billion (€116 million) to support the national carrier Egyptair. According to...
The Unemployment Insurance Fund (UIF), an entity of the South African employment ministry, announced the disbursement of R14.079 billion (about $765...
WAEMU countries successfully raised a total of CFA1,172.63 billion through the issue of covid-19 social bonds on the regional public securities market...
The Burkinabe national carrier Air Burkina sent its staff on technical unemployment for 3 months due to the coronavirus pandemic. “Considering the impact...
The European Union approves the urgent disbursement of €31 million (CFA20.3 billion) to help the government of Niger fight the coronavirus pandemic,...
The government of Mali adjusted its 2020 State budget, increasing spending by 6.77% from CFA2,604.568 billion (about $4.3 billion) initially to...
The Nigerien army and the multinational joint task force have, on May 12, neutralized at least 75 Boko Haram terrorists in Diffa and the Lake Chad...
The government of Niger has cashed CFA110 billion (about $180 million) on the WAEMU securities market, in the first issue of covid-19 social bonds....
The African Development Bank Group, today, announced a decision by its Sanctions Appeals Board imposing a 13-month debarment on Entreprise de Travaux et...
Over the first quarter this year, international tourist arrivals dropped by 22% due to the coronavirus pandemic, the World Tourism Organization (UNWTO)...
The Egyptian Minister of Finance, Mohamed Ma'it, announced on Monday 11 May that the government is going to issue EGP3 billion (about $190 million)...
Ethiopian authorities admitted this week that they mistakenly shot down the Kenyan aid plane that crashed a few days ago in Berdale, in...
Egypt will benefit from $2.7billion emergency funds from the International Monetary Fund to meet the urgent balance of payments needs generated by...
The US government, through its Center for Disease Control, approved $37 million in aid for Ethiopia to fight the coronavirus pandemic. The...
The Ivorian minister of water, Laurent Tchagba, has just launched the construction of a clean water facility to serve 1.6 million people in 155...
Tanzanian minister of energy, Medard Kalemani, announced the construction of the crude oil pipeline that will transport Uganda’s oil to the Tanga port on...
The government of Djibouti will benefit from $43 million (SDR31.8 million, or 100% of Djibouti’s quota) granted by the International Monetary Fund...
First diagnosed as pneumonia in Wuhan City, China, in December 2019, the novel coronavirus (COVID-19) caused by the SARS-CoV-2 virus, was declared a...
The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate...
The South African Revenue Service (SARS) projected R285 billion (about $15.3 billion) decline in tax income this year due to the impact of the...
On May 4, 2020, when granting $226 million (about XAF135.6 billion) to Cameroon under the Rapid Credit Facility (RCF), the International Monetary...
Niger’s Parliament adopted, during its plenary session of May 5, four draft laws including one that adjusts and revises the country’s criminal code. MPs...
Egypt’s economic growth is forecasted to fall to 2% in 2020/21 if the coronavirus crisis continues until December 2020, according to Hala el-Saeed...
The World Bank approved on April 30 under an accelerated financing mechanism, the additional disbursement of 20 million to help Tunisia strengthen its...
In its second covid-19 social bond issue on the WAEMU securities market on April 4, Côte d’Ivoire successfully raised a total of CFA180 billion...
Zimbabwean President Emmerson Mnangagwa (pictured) initiated a plan to revive the economy in this pandemic without foreign assistance. The plan consists...
The government of Algeria announced it will reduce the 2020 State Budget by half and increase the Inter-professional Guaranteed Minimum Wage to face the...
The coronavirus crisis came as the killer blow to South Africa Airways (SAA), already at the end of its rope. In a May 1 statement, SA’s public...
The International Monetary Fund approved the disbursement of $200 million (CFA120 billion) under the rapid credit facility to help Mali meet urgent...
Germany announced a €120 million support package to help Ethiopia face the impact of the coronavirus pandemic. The information was revealed on April...
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Nigeria’s economy grew by 1.8% in Q1 2020, against 2.55% in Q4 2019
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