African Finance Ministers have called for a coordinated COVID-19 response to mitigate the adverse impact of the pandemic on economies and society, noting that Africa needs an immediate emergency economic stimulus of $100 billion. The ministers, who met on 19 March in a virtual conference to exchange ideas on the efforts of their respective governments […]
The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Program, an important aspect of the country’s National Development Plan 2021-2025. The first loan is worth €120 million and the second […]
Archaeologists in Egypt last weekend discovered a 3,500-year-old tomb of a nobleman with several mummies, 10 sarcophagi and more than 1,000 statues near the west bank of the Nile River in Luxor. According to Egypt’s antiquities ministry, the 18th Dynasty tomb, discovered in the Draa Abul Nagaa necropolis near the famed Valley of the Kings, […]
