Afreximbank is to double its support to Intra-African trade and investments in the next five years, Mrs Kanayo Awani, Managing Director, Intra-African Trade Initiative, Afreximbank has said. She said over.
Morocco’s central bank kept its key interest rate unchanged at an all-time low of 1.5%, in a sign that it is more concerned about promoting growth than curbing high inflation.
Anglo-Swiss mining giant, Glencore Energy has pleaded guilty to bribing officials for its oil operations in five African countries. At London’s Southwalk Crown Court, a subsidiary of the company admitted.
Zambian President, Hakainde Hichilema says trade barriers between African countries are stifling the movement of goods to the extent that countries find it easier to buy African products through Europe..
Mr Jean-Claude Brou, President of the Economic Community of West African States (ECOWAS) Commission, has said that the community has resumed convergence to launch the ECOWAS single currency “ECO” in.
In furtherance of President Weah’s agender to revitalise Liberia’s economy and promote investment, the International Finance Corporation IFC has announced a partnership with Fouta Cement Corporation (Fouta Cement), Liberia’s second-largest.
Multilateral and bilateral lenders on Wednesday made a series of pledges to support Ivory Coast’s 2021-25 Development Plan totalling $26.1 billion, Prime Minister Patrick Achi said. The West Africa Development.
The United Nations World Food Programme (WFP) said on Tuesday it had suspended some food aid in South Sudan due to a funding shortage – heightening the risk of starvation.
Development Bank Ghana, which officially starts operations on Tuesday with about $800 million in the capital, plans to grow lending fivefold over the next five years to help end a.
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