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AfDB loans Côte d’Ivoire €165m to finance key programs of country’s National Development Plan 2021-2025

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 […]

Kenya launches flagship “resourceful fund” to support the poorest, revive economy

Kenya’s President William Ruto has officially launched his “resourceful fund”, the flagship measure of his campaign intended to give the poorest access to credit and revive the economy of this African country “from below“. Since taking office in September, Ruto has endeavored to deliver on his campaign promises in a country struggling with historic drought, […]

Burkina Faso’s junta says coup attempt thwarted, plotters arrested or on run

A coup attempt against Burkina Faso’s military government has been thwarted by the country’s security and intelligence services, authorities have announced, with a military prosecutor saying four of the plotters were arrested and two others are on the run. Burkina Faso’s junta leadership said Wednesday (27 September) it had foiled a coup attempt the previous […]