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Page : 559 - Results of 5581 to 5590 from 16297 Results

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31/03/2021
The new contract for the provision of telecoms services to the government of the Republic of South Africa was awarded on Tuesday 30 March by the Treasury. Operators MTN, Vodacom, Cell C, and Telkom are selected to operate the contract. Through this agreement, which comes into effect on April 1, 2021, and ends on March 31, 2026, each operator will have to provide tailored mobile bundles for voice,...
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31/03/2021
South Sudan will benefit from an emergency aid of $174 million provided by the International Monetary Fund as part of the Rapid Credit Facility (RCF) signed with the country. In a related statement, the Fund said the resources will be used to meet the country’s urgent balance of payment needs while allowing for a fiscal wiggle room. This should, according to IMF, help sustain spending...
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31/03/2021
Between 2015 and 2020, West Africa has attracted $5.4 billion in private equity investment, according to a report recently issued by the African Private Equity and Venture Capital Association (AVCA). This makes the region the part of the continent to have captured the most PE investment during the period under review, accounting for 24.8% of the $21.7 billion attracted over the...
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31/03/2021
In a letter sent to the South African Finance Minister Tito Mboweni on March 24, Health Minister Zweli Mkhize said the Pfizer lab had made delivery of its Covid-19 vaccine to South Africa conditional on the signing of a commitment agreement by the government. According to the document relayed by Bloomberg, the lab demands that both ministers personally sign a deal that would “give the...
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31/03/2021
The government of Portugal announced it will send military backups to help fight the terrorist threat in Mozambique. The announcement was made by Portuguese Foreign Minister Augusto Santos Silva (pictured), in a statement on national television. "A team of about 60 Portuguese soldiers is being prepared [...] It will be sent in the next few weeks to the field in Mozambique," the official told...
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30/03/2021
The trial of three suspects in the bombing of the French camp in Bouake in 2004 opened yesterday March 29 at the Criminal Court of Paris. The three men are accused of leading the attack that took the lives of nine French soldiers and one American civilian. The Belarusian mercenary Yury Sushkin and the Ivorians Ange Magloire Gnanduillet Attualy and Patrice Ouei will be sentenced in absentia at...
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30/03/2021
US investor Root Capital, which targets agricultural businesses in sub-Saharan Africa, has mobilized financing of $35 million with the US development bank DFC to pursue its activity. The company founded in 1999 by Willy Foote is seeking to expand in the eastern part of the continent, specifically in Uganda, to support farmers in adopting climate-smart agricultural practices; and in the...
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30/03/2021
The government of Madagascar will benefit from $312.4 million from the International Monetary Fund (IMF). In a statement issued yesterday March 29, the institution said the money will be granted under the Extended Credit Facility (ECF) set to last 40 months. The money will mainly be used to help the country mitigate the impact of the coronavirus pandemic on its economy, maintain...
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30/03/2021
In recent years, Chinese lending to African countries has increased the most among non-Paris Club creditors on the continent. The information is featured in the latest African Economic Outlook. Between 2000 and 2018, Beijing's loans to Africa sharply increased, staying above $10 billion a year between 2012 and 2017; 2016 saw a peak of $30 million. The financing mainly went to key...
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30/03/2021
The Rwandan Ministry of agriculture announced a joint investment of $10 million in the livestock sector in partnership with the US NGO Heifer International. The initiative is part of the 5-year Partnership for Resilient and Inclusive Small Livestock Markets (PRISM). The money will help 23,400 rural and vulnerable households that are facing food insecurity in 15 districts in the Northern,...
 

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