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Plugging the leaks: AfDB urges action as Africa loses $580B annually
Africa is hemorrhaging over $580 billion every year through corruption and illicit financial outflows, according to the African Development Bank (AfDB), jeopardizing economic growth and worsening the continent’s nearly $2 trillion debt crisis. AfDB President Akinwumi Adesina, speaking in a recent Bloomberg interview, likened the situation to pouring water into a leaking bucket — “It […]
US agency offers Sierra Loan $430 mln grant to boost electricity access
The Millennium Challenge Corporation, a U.S. state development fund, offered a grant of $430 million to help Sierra Leone generalize electricity access. The grant would back efforts to give electricity access to some 4.6 million people in the country where 30% of the population lacks electricity. Electricity access is a major issue in Sub-Saharan Africa, […]
France Renews Support for Morocco’s Autonomy Initiative
France has renewed support for Morocco’s autonomy initiative as a final peaceful solution to the Sahara dispute, said a joint statement issued at the end of the 13th Moroccan-French High-level Meeting. The document reiterated that Morocco’s autonomy proposal represents a “serious and credible solution” and a basis to reach a just, lasting and mutually acceptable […]



