Africa’s leading Guarantee Institution, African Guarantee Fund has received an additional 33million USD financing from German lender KfW Development Bank, in a move that will catapult AGF’s efforts to enable African SMEs... Read more »
Global economic growth is forecast to edge up to 2.5percent in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank says in... Read more »
ADDIS ABABA-The government is set to form an independent national council of economic advisors in a bid to successfully implement its development program, the Office of Prime minister announced on Monday. Ethiopia... Read more »
China stands ready to work with Africa to set a fine instance of mutually beneficial cooperation between developing countries, a senior Chinese official, according to China government. As to the press release,... Read more »
A global coalition of development partners announced their commitment to maintain momentum in the fight against extreme poverty, with 82 billion USD for the International Development Association (IDA), the World Bank’s fund... Read more »
Foreign Secretary Ravinatha Aryasinha has said the operationalization of the recently developed ‘Revitalized Africa Policy’, seeks to enhance Sri Lanka’s cooperation in the political, economic and cultural spheres across Africa, according to... Read more »
The Director-General of the Organization of the Petroleum Exporting Countries Fund for International Development (the OPEC Fund) Dr. Abdulhamid Alkhalifa has signed a 20 million USD development loan to help finance Burkina... Read more »
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (ISDB), successfully concluded its Partners Forum 2019 with catchy slogan of investing for Impact, which was held... Read more »
The Government of the Federal Republic of Germany announced additional funds of 128 million USD which will be supporting health and education programmes in the East African Community, The majority of the... Read more »
International Monetary Fund (IMF) Staff has Completed 2019 Article IV and Program Review Mission to Madagascar, so disclosed by International Monterey Fund. As to the press release, IMF staff and the authorities... Read more »