banker awards

African Development Fund commits $7.6bln to support low-income countries

Donors of the African Development Fund (ADF)over the weekend agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. According to the African Development Bank Group, the Fund comprises 32 contributing states and benefits 37 countries. The fund, administered by the African Development Bank, supports […]

Equatorial Guinea: President’s son arrested for selling aircraft belonging to national carrier

Ruslan Obiang Nsue, a son of Equatorial Guinea’s President Teodoro Obiang Mbasogo, has been placed under house arrest for the alleged sale of an airplane belonging to the country’s flagship airline Ceiba Intercontinental, reports say. State television (TVGE) Tuesday reported that Obiang Nsue allegedly sold the jet, ATR 72-500, to the company Binter Technic, which […]

Morocco’s efforts to preserve water resources highlighted in London at roundtable on water security

Morocco’s efforts to preserve water resources were highlighted in London Friday at a ministerial roundtable on water security in the context of climate change and the challenges of sustainable development. The issue of water and its preservation is at the heart of Morocco’s development strategy, said minister of energy transition and sustainable development, Leila Benali, […]