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Africa News
IMF approves $60m for Mozambique
The International Monetary Fund (IMF) has completed its Fourth Review under Mozambique’s Extended Credit Facility…
World Bank: Chad’s economy resilient amid refugee influx
The Sudanese crisis, which began in April 2023, has significantly increased the refugee population in Chad, now…
Afreximbank expands East African trade scheme
Afreximbank and BSMART Technology Ltd have expanded the Afreximbank African Collaborative Transit Guarantee Scheme…
CR20 completes key Malawi railway bridge
China Railway 20th Bureau Group (CR20) has completed the longest bridge on the 72-km railway line from Marka, near…
AATB boosts Arab-African trade co-operation
The Arab Africa Trade Bridges (AATB) Programme concluded its 4th Board of Governors Meetings on July 2, 2024, in…
Ethiopia nears $10.5b support agreement
Ethiopia is set to receive $10.5 billion in support over the next few years if negotiations with the International…
Bank of Tanzania keeps rates unchanged
The Bank of Tanzania kept the key rate unchanged at 6 per cent for the quarter ending September 2024. This decision…
AfDB launches initiative to map women’s associations
The African Development Bank (AfDB) launched a project to map 160 women entrepreneurs' associations across 16…
Africa-Caribbean trade to reach $1.8b
Africa and the Caribbean trade is projected to soar to $1.8 billion annually by 2028, driven by value addition,…
IMF approves disbursements for Cameroon’s recovery
The International Monetary Fund (IMF) has concluded its First Review of the Resilience and Sustainability Facility…
