AfDB African Economic outlook 2020 supplement

The Fed Up, the ECB Down: Time to Endow the ECB with a Level Playing Field

After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 billion per month of Treasury bonds (T-bonds), Ben Bernanke, the chairman of the Fed’s board of governors, announced in May the Fed’s intention to commence tapering its asset purchase program. The Fed’s […]

Ebola cases, fatalities rise in Uganda, as DR Congo declares end to latest outbreak

The 15th outbreak of Ebola disease in the Democratic Republic of Congo (DRC) comes to an end as neighboring Uganda races to tackle a virus outbreak of its own, the World Health Organization (WTO) has said. A week after health officials in Uganda declared an outbreak of Ebola, the highly contagious strain of the deadly […]

US President praises, in phone call with King Mohammed VI, the swift, efficient management of earthquake

King Mohammed VI received a phone call from the President of the United States of America, Joseph R. Biden, on Monday. During the call, the US president expressed his personal condolences, as well as those of the American people and government, to the Sovereign and to the Moroccan people, following the painful earthquake that struck […]