Mozambique floods

Morocco gets €270 Mln funding from AfDB for expanding healthcare, creating jobs & supporting quake victims

The African Development Bank (AfDB) is supporting Morocco’s efforts to enhance inclusive access to healthcare, improve employability of vulnerable people through training, and provide urgent assistance to the families affected by Al Haouz earthquake. In this connection, three financing agreements worth €270 million were signed Tuesday in Rabat by the Bank and the North African […]

COMESA: AfDB approves $300m to boost trade and economic development

The African Development Bank (AfDB) has approved about $300 million to finance trade and economic development in the Common Market for Eastern and Southern Africa (COMESA). The $300 million support facility for the Eastern and Southern African Trade & Development Bank (TDB) was announced on Wednesday. According to AfDB, the COMESA regional trade and project […]

Africa urged to stop selling land, forests on ‘depreciated’ carbon credit market — AFC report

African countries must stop selling land on “depreciated” carbon credit market, and instead the continent should strive to become the global centre for high-value, high-integrity carbon credits, according to a new report from the Africa Finance Corporation (AFC). Released at COP28 by the Nigeria-based AFC, the positioning paper warns that at a critical moment in […]