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Nigeria targets $2bln World Bank loan
Africa’s most populous nation is eying a $2 billion World Bank loan to help address pressing challenges and back up hard currency reserves, the government said. The country qualifies for the financing and has the support of other regional banks such as the African Development Bank, Nigerian finance minister Wale Edun said on the sidelines […]
Ali Bongo to attend Paris “Nouveau Pacte financier Mondial” Summit
Gabon’s leader Ali Bongo is expected in the attendance of “Nouveau Pacte financier Mondial”, a global Summit staged in Paris June 22-23 seeking to increase funding for the least developed countries and those most vulnerable to climate change. The event co-organized by France, India (chair of the G20) and Barbados will be attended by several […]
Belgium converts part of Tunisia’s debt into development projects
An agreement to convert some of Tunisia’s debt to Belgium into development projects was signed Wednesday in Tunis, the Foreign Ministry said in a statement. The agreement, signed by Director General for Europe, Nabil Ammar, and Belgium’s ambassador to Tunisia, Michel Tilemans, provides for converting more than €2.991 million ($3.33) of Tunisia’s debt to Belgium […]



