Regions
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Rwanda: IMF approves US$ 319mln loan to build resilience to climate change
KIGALI-The Executive Board of the International Monetary Fund (IMF) has approved US$ 319 million loan asked by Rwanda under the Resilience and Sustainability Facility [RSF]. According to IMF, Rwanda is the first…
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Botswana: AfDB Group commits US$ 180mln to bolster post-Covid-19 economic recovery
GABORONE-The Board of Directors of the African Development Bank [AfDB] has approved a loan of US$179.66 million to support government of Botswana to restore post-pandemic fiscal stability and economic recovery. The funds…
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Kenyan cooperatives outline challenges facing sector
NAIVASHA-Stakeholders that run cooperatives in kenya days ago in Naivasha aired the major challenges facing the sector, saying that urgent attention is needed, according to Sacco Review. They were meeting the Cooperatives…
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AfDB’s new 2023-2027 strategy to help spur economic transformation in Ethiopia
ADDIS-ABABA The African Development Bank [AfDB] recently approved the 2023-2027 Country Strategy Paper for Ethiopia, which will support the country in expanding inclusive and sustainable growth through agro-industrialization, improved connectivity, and competitiveness,…
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U.S. – African Leaders Summit 2022 to enrich cooperation on shared global priorities
KAMPALA-Heads of state and leaders from across the African continent will from December 13-15, 2022, converge in Washington D.C., within the context of the United States [ U.S. ] – Africa Leaders’…
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TUI, ACISA sign MoU for development of cooperative movement in Africa
KAMPALA-The Uhuru Institute for Social Development [TUI] and The Africa Cooperatives Institute of South Africa [ ACISA ] have signed a Memorandum of Understanding [MoU] for the development of the cooperative movement…
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ADF approves US$13.95mln grant to improve livelihoods of Ethiopian pastoralists
ADDIS ABABA– The Board of Directors of the African Development Fund [ADF] has approved a US$13.95 million grant to implement the first phase of a livelihood improvement project for Ethiopian pastoralist communities…
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Ministers to promote initiatives on food security and environmental management
LUSAKA-Ministers responsible for agriculture, natural resources, and environment from COMESA Member States have undertaken to support the development and implementation of the COMESA digital Regional Food Balance Sheet [RFBS] initiative. This undertaking…
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ADF invests over US$ 6mln to strengthen public finance governance in African countries
KAMPALA-The Board of Directors of the African Development Fund [ ADF ] have approved a grant of US$ 6.12 million to help strengthen public finance governance in low-income African countries. The funding…
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Over 30 African countries have industrialised in last decade-new AfDB report
NIAMEY-Thirty-seven of 52 African countries have become more industrialised over the past 11 years, according to a new report from the African Development Bank [AfDB], the African Union [AU], and the United…
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