Category: Finance

IMF chief lauds Morocco’s reform, says Marrakech ‘ideal’ place for annual meetings

June 19, 2023

Visiting IMF managing director Kristina Georgieva praised Morocco for its economic reforms while saying the country was the ideal place for holding the IMF-WB annual ... Read More

Egypt taps on IFC to advise on IPO program

June 19, 2023

Egypt signed Sunday a five-year agreement with the International Finance Corporation (IFC) to advise on its Initial Public Offering (IPO) program under which dozens of ... Read More

Holding WB/IMF annual meetings in Morocco, a “judicious” Choice, IMF chief says

June 18, 2023

Holding the Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco is a "judicious" choice, said IMF Managing ... Read More

West African Development Bank to invest around $50m in road infrastructures in Niger

June 16, 2023

The West African Development Bank – BOAD- will invest around $50 million in road infrastructures in Niger, the President of the Togo-based financial institution, Serge ... Read More

Congo slams Societe Generale’s sale of its local branch to Vista Group

June 15, 2023

Authorities of Congo Brazzaville have rejected Societe Generale's sale of its country subsidiary to Vista Group because the bank did not give it a right ... Read More

US-Africa Leaders Summit: evaluating progress made six months on

June 15, 2023

US special presidential representative has reassured that the global superpower remained committed to maintaining strong trade ties with the African continent, something the Biden administration ... Read More

AfDB donates Madagascar $1.5m to help join AfCFTA

June 14, 2023

https://guardian.ng/wp-content/uploads/2021/01/AfCFTA.jpg The African Development Bank has granted Madagascar $1.5 million in view of helping the African country work on its adherence to the African Continental ... Read More

Fitch downgrades Tunisia rating to ‘CCC-‘, confirming fears over economic collapse

June 11, 2023

The political and economic crisis is worsening in Kais Saied’s Tunisia. The uncertainties and fears over the collapse of this country has pushed Fitch agency ... Read More

East African households urged to have own grain reserves to eliminate food insecurity

June 9, 2023

African households are highly recommended to have their own grain reserves as one of the solutions to food insecurity, The East African Business Council (EABC) ... Read More

Africa: Digital transformation in banking industry well underway — report

June 9, 2023

Banking access across Africa has increased in 2022, with 48% of the population having access to banking services, compared to 45% in 2017, according to ... Read More