The African Development Bank, AfDB, has made equity investment worth $11 million in Luxemburg-based BluePeak Private Capital Fund to support mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa. The Abidjan-based bank in a statement said BluePeak – a flagship private capital fund – will provide growth capital to middle-sized companies […]
The IMF kept its 2026 growth forecast for Tunisia at 2.1% in its April regional outlook but warned that the economy remains highly exposed to external shocks, particularly energy price volatility linked to the war in Iran and disruptions around the Strait of Hormuz. In its Regional Economic Outlook for the Middle East and Central […]
Sudan has dismissed all reports of Iran’s intention to establish a naval base on the country’s Red Sea coast, which comes at a time when the creation of the Russian Navy in the country has been postponed indefinitely due to the ongoing fighting. Sudanese Minister of Foreign Affairs Ali Al-Sadiq Ali was quoted by Sputnik […]
