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Africa News
Kenya seeks IMF support amid economic adjustments
Kenya is in discussions with the International Monetary Fund (IMF) to secure additional funding by year-end and to…
IFC, Absa to fund African farmers with $50m trade facility
IFC and South Africa's Absa Group are partnering to provide a $50 million trade finance facility to Valency…
Uganda c. bank cuts rates
Bank of Uganda has cut its benchmark interest rate for the second consecutive time, marking the first back-to-back…
AECSD, AMEDA conclude landmark summit, highlighting global CSD innovations
The Association of Eurasian Central Securities Depositories (AECSD) and the Africa and Middle East Depositories…
AECSD-AMEDA Istanbul Summit shaping CSD future
The Association of Eurasian Central Securities Depositories (AECSD) and the Africa and Middle East Depositories…
World Bank ‘cautiously optimistic’ about Djibouti’s economic outlook
The World Bank’s latest outlook for Djibouti remains "cautiously optimistic," with projected annual GDP growth of…
Niger to see economic rebound driven by oil revenues – World Bank
Niger anticipates an economic recovery driven by oil revenues, according to the World Bank's latest update. Despite…
AfDB approves €70 million financing for Bank of Africa
The African Development Bank (AfDB) approved financing of 70 million euros ($78.3 million) for Morocco's Bank of…
US fund grant to boost electricity access in Sierra Leone
US based The Millennium Challenge Corporation (MCC) fund has granted $480 million to Sierra Leone to enhance…
IMF agrees on 1st review of ECF for Ethiopia
The International Monetary Fund (IMF) reached a staff-level agreement with Ethiopian authorities on the first…
