Addis Ababa, November 2018. The African Union launches its own Peace Fund with the aim to ensure predictable financing for peace and security activities in Africa. paulkagame/flickr, CC BY-NC-ND Frank Mattheis, Université Libre de Bruxelles (ULB) and Ueli Staeger, Graduate Institute – Institut de hautes études internationales et du développement (IHEID) The African Union (AU) […]
Category: Investing
Ghana: Tension Mounts at Northern Development Authority
Some stakeholders are calling on the president elect, Nana Addo Dankwa Akufo Addo to dissolve the current Board of the Northern Development Authority (NDA) and sack its CEO Dr Suleimana Alhassan Anamzoya, over their internal wrangling and the fight for supremacy.
IFC Provides Fedecrédito with the First Gender-focused Funding Backed by Remittances
San Salvador– IFC, a member of the World Bank Group, has granted Fedecredito, in El Salvador, the first gender-focused financing backed by remittances.
‘Africa Must Risk Capital for its Youth’
Abidjan, Ivory Coast, December 18, 2020/ — Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank President Akinwumi Adesina said at a Conference of Montreal fireside chat event.
Zambia Risks Climbing the List of IMF Addicts
December 17, 2020//-Zambia risks joining the long-term list of African countries hooked on juice from the International Monetary Fund (IMF).
Nigeria: Buhari Opens Land Border at Seme, Illela, Maigatari, and Mfun
December 17, 2020//-The Nigerian president, Muhammadu Buhari has opened the land border at Seme, Illela, Maigatari, and Mfun.
Intra-Africa Trade Key to Cushioning the Blow of Trade Tensions, External Shocks
Cairo, Egypt, December 17, 2020,-/African Media Agency (AMA)/-Afreximbank has released its annual African Trade Report (ATR) which examined trade and economic developments in Africa in 2019.
How Can Africa’s Fashion Entrepreneurs Access Finance to Grow Their Businesses?
December 16, 2020//-Enhancing access to finance for Africa’s fashion entrepreneurs is critical if the industry is to develop its full potential and tap global markets in a post-COVID-19 world.
FDI in East Africa Records Double Digit Growth as China Invests $7B
December 16, 2020//-Foreign Direct Investments (FDIs) into East Africa more than doubled in 2019 buoyed by China’s increased interest in the region’s manufacturing, construction and services sector.
Footing Ghana’s Election Bill Means Cycle of Higher Borrowing
December 16, 2020//-The paradox of democracy is that while investing in African dictatorships brings reputational risks for Western financial institutions, competitive democracy comes at a high cost.