Africa
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Investment conference to strengthen local governments participation in intra-African trade set to be held in Kenya
CAIRO, October 29, 2024 — In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade…
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MDBs sign US$ 1bln exchange exposure agreement to increase development lending capacity to African nations
WASHINGTON, DC., October 28, 2024 — The African Development Bank (AfDB] and the Asian Development Bank [ADB] have signed a US$ 1 billion exchange exposure agreement [EEA] aimed at enhancing the African…
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G7 endorses Global Coffee Sustainability and Resilience Fund, ushering in a new era for the coffee industry
PESCARA, October 26, 2024 ‒ The International Coffee Organisation [ICO] participated for the first time in its history in the G7 Development Ministers’ Meeting in Pescara, Italy from October 22-24, 2024, where…
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IMF’s Sub-Saharan Africa Regional Economic Outlook: Reform amid great expectations
Washington, DC – October 26, 2024 — Sub-Saharan Africa’s economic growth is projected to remain subdued at 3.6 percent in 2024, unchanged from 2023, with a modest pickup to 4.2 percent expected…
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Widespread progress in African financial markets
KAMPALA, October 25, 2024 — There have been clear improvements across countries in the Absa Africa Financial Markets Index 2024. Scores have risen for 23 countries [82 percent], which is the highest…
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How rural women in Morocco have ventured forth with vinegar
RABAT, October 19, 2024 — In the mountains of central Morocco, apple farming is a way of life. But post-harvest losses and food wastage have brought economic troubles to rural communities. Twenty-four-year-old…
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Small-scale farmers take to the screens of cinema theatres worldwide
Rome, 17 October 2024 — In recognition of World Food Day, the Global Cinema Advertising Association [SAWA] and the UN’s International Fund for Agricultural Development [IFAD] yesterday launched a global cinema campaign…
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EU Council agrees to delay EUDR implementation by one year
BRUSSELS, October 17, 2024 — The European Council has agreed to support the Commission’s proposal to postpone the implementation of the EU Deforestation Regulation [ EUDR ] by one year. This postponement…
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AfDB supports Biashara Africa 2024 Business Forum
KIGALI, October 16, 2024 — The African Development Bank has lent support to the Biashara Africa 2024 Business Forum or AfCFTA Business Forum, held recently in Kigali, Rwanda. The meeting, organised by…
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IFC and Absa provide trade facility to Valency to support thousands of farmers in Africa
SINGAPORE, October 13, 2024 – The International Finance Corporation [ IFC ], a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate…
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