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IMF approves immediate disbursement of $ 22 million in Benin

On Thursday, December 6, the Board of Directors of the International Monetary Fund (IMF) authorized an immediate disbursement of $ 22 million in Benin,...

Togo: legislative elections announced in 5 months

In Togo, the next legislative elections will be held before November 30, 2018, according to a wish expressed Wednesday, June 27 by the facilitators...

Afreximbank launches Investment Fund to support exports

The African Export and Import Bank (Afreximbank) announces the launch of its new African Export Development Fund (FEDA). The Fund, whose mission is to support...

AfDB Signs Record Coverage Contract with African Trade Agency

The African Development Bank (AfDB) and the African Insurance Agency for Trade (ATI) announce the signing of a US $ 500 million credit insurance...

BADEA supports G5 Sahel action

During the 44th annual meeting of the Islamic Development Bank Group (Marrakech, 3-6 April), with the success of their cooperation in the field of...

Koukoutamba: more than a dam, an innovative financial package

A project of $ 812 million. Long awaited, the dam Koukoutamba is in the process of realization. The signing of the commercial contract on February...

In Nouakchott, ECA’s Vera Songwe congratulates Mauritania on ratification of AfCFTA

In an audience with the President of the Islamic Republic of Mauritania Mohamed Ould Abdel Aziz held yesterday in Nouakchott, ECA’sExecutive Secretary Vera Songwe...

AfDB hedges with New York hedge fund

The AfDB has taken out insurance with a group of investors led by Mariner Investment Group for a loan portfolio of $ 1 billion. The...

Integrity: AfDB excludes consulting firm GEO SCIENCES International

An investigation by the Integrity and Anti-Corruption Bureau of the African Development Bank revealed that the consulting firm engaged in numerous fraudulent practices.   The fraud...

3 billion CFA francs from Switzerland to boost livestock production in the ECOWAS region

The Economic Community of West African States (ECOWAS) and Switzerland have agreed on the pooling of their efforts to stimulate investment in the livestock...

Gabon: ADB 77 billion FCFA for drinking water supply in Libreville

The AfDB representative in Gabon, Robert Masumbuko, announced on February 12, 2019 that the institution has granted an envelope of 77 billion CFA francs...

ECOWAS: Abortive institutional reforms

The heads of state of the Economic Community of West African States (ECOWAS) found in late January, the failure of their project of reforms...

Fitch Ratings retains Angola rating in speculative category

The rating agency Fitch Ratings has maintained at "B", the note of the sovereign risk of Angola. The country remains in the highly speculative...

Exclusively with Noureddine Zekri, Managing Director of BMICE

Chief Executive Officer of the Maghrebian Bank of Investment and Foreign Trade (BMICE) since January 2016, Noureddine Zekri has the heavy task of giving...