The African Development Bank Group has announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken by the Bank to respond to the pandemic and will be the institution’s primary channel for its efforts to address the crisis. It provides up […]
Mali, Africa’s second-largest gold producer, has suspended the issuance of new artisanal mining permits to foreign nationals after a series of fatal accidents in the country’s artisanal mining sector. The move follows a devastating mine collapse on 15 February in the western Kayes region, which claimed the lives of at least 43 people, mostly women. […]
Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not enough to tackle inflation according to central bank governor Abdellatif Jouahri. “The job of the central bank is monetary policy but growth is the job of the government,” he told […]
