Most Recent World News

Africa’s Illicit Financial Flows Now $80bn – CDD

The Director of the Centre for Democracy and Development (CDD), Idayat Hassan, has said that the Illicit Financial Flows (IFFs) in Africa has risen to $80 billion. Her comment was.

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Cameroon to Increase Investment on Wheat Production

Cameroon President Paul Biya says the government will increase funding to grow more wheat after protests over wheat shortages and price spikes sparked by Russia’s invasion of Ukraine. Before Russia’s.

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Zambia plans to cancel over $2 billion projects to rein in debt

Zambia is cancelling more than $2 billion worth of projects financed by commercial loans to reduce the risk of accumulating more non-concessional debt, the ministry of finance said. In 2020,.

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African Caucus wraps up meeting with adoption of Marrakesh Declaration

The 2022 meeting of the African Consultative Group of Finance Ministers & Central Bank Governors of the 54 African Member States of the World Bank and the IMF wrapped up.

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Liberia, World Bank Sign US$44.6M Financing Agreement

Liberia’s Ministry of Finance and Development Planning (MFDP) and the World Bank have signed financing agreements for two projects totalling US $44.6 million. The first project is the Liberia Women’s.

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Egypt’s engineering industry exports record $1.551B within 5 months

Egypt’s engineering industry exports increased by about 31 per cent to register $1.551 billion in the first five months of 2022, compared to $1.185 billion during the same period last.

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West African leaders lift economic and financial sanctions on Mali

Leaders of the Economic Community of West African States (ECOWAS) on Sunday lifted economic and financial sanctions imposed on Mali after its military rulers proposed a 24-month transition to democracy.

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World Bank Approves $130m Loan To Tunisia For Wheat And Barley Imports

The World Bank has approved a $130 million loan to Tunisia to help the North African country pay for wheat imports and to buy barley for livestock. The loan will.

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President Weah Launches Over US$13 Million Fund Drive Towards “Zogos” Rehabilitation

The President of the Republic, H.E. Dr. George Manneh Weah, will today, Thursday, June 30, 2022, launch a National Fund Drive for the rehabilitation and empowerment of the Country’s “At.

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Egypt, Oman Agree To Establish A Joint Investment Fund

President of the Arab Republic of Egypt, Abdel Fatah El-Sisi, and the Sultan of Oman, Haitham bin Tariq, instructed studying the establishment of a joint investment fund between the two.

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