Saturday, September 22, 2018
The International Monetary Fund (IMF) said Friday it will only start lending to Zimbabwe once it clears its arrears to other multilateral creditors which include the World Bank and the African Development Bank. It however, called for concerted international effort...
Ivory Coast sold 1.7 billion euros ($2.1 billion) of bonds Thursday in the biggest issuance in the common currency from an African government, according to a person familiar with the matter. The West African nation’s amortizing deal was equally split...
Ethiopian officials, who have earmarked some 11.5 million hectares (28.5 million acres) of land for overseas firms to invest in agriculture, say Karuturi failed to make adequate progress on the land. Activists say neither side addresses the more critical issue...
The International Finance Corporation (IFC), a member of the World Bank Group, is helping finance a new tramline in Antalya, Turkey's fifth-largest urban center and largest tourism resort, part of an effort to help municipal authorities improve public transport...
DJIBOUTI, Republic of Djibouti Private investors fear investing in infrastructure for the continent, warned a top African economist on Monday. Carlos Lopes, former head of the UN’s Economic Commission for Africa and now a professor at the University of Cape Town,...
NAIROBI, Jan 16 (Reuters) - Kenya has secured a $750 million syndicated loan for seven years from the Trade Development Bank (TDB) to pay off creditors in another two-year syndicated loan that was extended last year, two banking sources...
Disillusioned by the economic leadership of Robert Mugabe, the people of Zimbabwe are looking to their new President Emmerson Mnangagwa to bring the country back from the brink of disaster. And for business owners the need for help is critical. Al...
With so much of politics, economics, culture - not to mention every other facet of human existence - taking place online, it is startling to realise that such a loose and baggy concept as the "centre of the global...
Wala, a Cape Town-based blockchain start-up, is gearing up to roll out zero-fee banking services to the unbanked and underbanked in Uganda. Founded by a pair of Americans, the company has partnered with a Ugandan microfinance institution to enable customers...
On Wednesday, 15 November 2017, COP23 will celebrate Africa Day, a joint initiative of the African Development Bank (AfDB), the African Union Commission (AUC), the United Nations Economic Commission for Africa (ECA) and the New Partnership for Africa's Development...

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