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China gives Mauritania 10billion for development
China and Mauritania have signed an agreement to finance development projects in the latter up to the tune of 10.7 billion Ouguiyas. Of this amount, 4.871 billion ouguiyas will be in the form of a non-refundable donation while 5.845 billion ouguiyas will be given as a loan without any interest. The Minister of Economic Affairs […]
Africa fueled with optimism with prospect of US interest rate cut in 2024
Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling possible cuts of up to 75 basis points in the coming year. New forecasts from central bank officials showed a turn from the hawkish rate environment Fed Chairman Jerome Powell […]



