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