World Bank grants Zambia, Tanzania $270m to improve transport, trade connectivity
Lusaka, Feb. 22, 2024: The World Bank has given Zambia and Tanzania a 270-million-U.S.-dollar grant to help improve transportation and...
Foreign
EU removes 4 countries from ‘bad tax governance’ list
Berlin, Feb. 22, 2024: The EU has removed Bahamas, Belize, Seychelles, Turks and Caicos Islands from its list of non-cooperative...
British Petroleum invest $1.5bn in Egypt
Cairo, Feb. 20, 2024: Energy giant, British Petroleum (BP) plans 1.5-billion U.S. dollar new investments for development and exploration activities...
China’s Central Bank adds liquidity via reverse repos
China’s Central Bank conducted 32 billion Yuan (about 4.51 billion U.S. dollars) of seven-day reverse repos at an interest rate...
Tinubu, Lula da Silva of Brazil meet, discuss bilateral ties
Nigeria’s President Bola Tinubu and President Luiz Inácio Lula da Silva of Brazil met in Addis Ababa, Ethiopia, on Sunday,...
AfDB report projects Africa’s real GDP at 3.8% in 2024
Abuja, Feb. 18, 2024: The real Gross Domestic Product (GDP) growth for Africa is expected to average 3.8 per cent...
AfDB, Lake Chad Commission partner to transform member countries
Abuja, Feb. 18, 2024: The African Development Bank (AfDB) Group and the Lake Chad Basin Commission (LCBC), have agreed to...
Africa ministers meet with World Bank in Abuja to promote sustainable growth
Abuja, Feb. 9, 2024: The West and Central Africa Ministers of Finance met with the World Bank Group in Abuja...
IMF commends Gabon for efforts in resource mobilisation
Libreville, Feb. 8, 2024: An International Monetary Fund (IMF) delegation presented the conclusions of its latest mission to Gabon at...
Ethiopia’s largest cement factory begins operation soon
Addis Ababa, Feb. 6, 2024: The Lemi National Cement Factory in Ethiopia, the country’s largest of its kind, is to...
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