Posted in Finance

New World Bank Financing to Support an Additional 36,000 Farming Households and Address Liberia’s Food Security Crisis

WASHINGTON, December 22, 2022 – The World Bank approved an Additional Financing to the Rural Economic Transformation Project (RETRAP-AF) to the tune of $30 million in…

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Posted in Finance

Lots of Business Deals Reached During the US Africa Summit

Nearly 15 new commitments between U.S. and African businesses were announced during last week’s U.S.-Africa Leaders Summit, in fields ranging from mining to healthcare to…

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Posted in Finance

World Bank approves US$246 mln for marine protection in 3 West African countries

The World Bank Group approved a US$246 million financing package to protect the coastline in Ghana, The Gambia and Guinea-Bissau, the group told media Friday….

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Posted in Finance

US Pledging Tens of Billions of Dollars for Africa

The United States plans to commit $55 billion to Africa over the next three years, according to White House officials. The announcement comes as the…

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Posted in Finance

Will African Nations Get Debt Help from IMF and China?

Long-running tensions between the major international lenders and China were aired at a meeting in China’s Anhui province, where participants sought agreement on a way…

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Posted in Finance

East Africa’s biggest trade fair opens in Kampala

KAMPALA— The Jua Kali Exhibition, which is being fronted by the East African Community (EAC) to promote intra-trade in the region, has opened in Kampala….

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Posted in Finance

15 African countries set for launch of Single African Air Transport Market

DAKAR (Senegal)— After minimal progress since its launch in January 2018, the Single African Air Transport Market (SAATM) appeared to reach a decision this week…

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Posted in Finance

EU Sets Out Mediterranean Migrant Plan Ahead of Emergency Meeting

The European Commission set out a 20-point action plan on Monday designed to address surging migration in the central Mediterranean ahead of an emergency meeting…

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