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Category: Features
IFC loans Express Union Tchad around $3m to boost access to finance for underserved communities
The International Finance Corporation, IFC, has provided a loan worth close to $3 million to Chad’s leading microfinance Express Union Tchad (EUT) to boost access ... Read More
16 die in Senegal as boats used by migrants capsizes
16 people on board a boat used for illegal migration died in the night of Sunday to Monday July 24, after their vessel capsized off ... Read More
Madagascar to launch first urban train on August 15
Madagascar’s Ministry of Transport and Metrology will launch on August 15 in capital Antananarivo the country's first urban train to be powered by electricity, local ... Read More
Post-Cotonou: EU green-lights new treaty with African, Caribbean and Pacific states
After more than a two-year delay, the EU Council finally ratified (20 July) a new treaty with African, Caribbean and Pacific countries that covers a ... Read More
Angola: new Cabinda oil refinery secures funding led by Gemcorp, AFC, Afreximbank
Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with ... Read More
Russia-Africa summit: by halting grain deal, Putin risks alienating its African partners
When African leaders meet with Russian President Vladimir Putin in St. Petersburg in late July for a summit, their discussions will likely be overshadowed by ... Read More
Burkina Faso introduces new taxes to raise fund to fight terrorism
Burkina Faso has introduced new taxes including levies on telephone services in a bid to raise funds to be used in the fight against terrorism, ... Read More
U.S pledges $380m in humanitarian aid for Africa
The United States will provide an additional $380 million in humanitarian assistance for Africa, top diplomat Antony Blinken announced Thursday. "With this funding, the United ... Read More
Uganda, S.Sudan, Congo most vulnerable to extreme heat if climate targets not met — Oxford report
The planet's record-breaking hot weather has caused severe drought in many places around the world and African nations risk extreme heat if climate targets are ... Read More
Rabat and Moscow Discuss Bilateral Ties and Upcoming Russia-Africa Summit
The Moroccan-Russian relations and the 2023 Russia-Africa Summit due in St. Petersburg July 27-29 were at the center of talks held Wednesday in Moscow between ... Read More