African diaspora is in need of urgent action to reduce the cost of remittances, an instrumental source of investment and a key factor in reducing poverty in the continent, said participants at an African meeting in Rabat. There are some 150 million Africans living outside the continent with remittances estimated at 100 billion dollars in […]
Sudanese government has signed deals for loans worth $300 million with regional Arab funds last weekend. The loans would help authorities in Khartoum to cope with the country’s economic crisis and nearly three months of street protests. According to the finance ministry, a $230 million loan deal was signed with the Abu Dhabi-based Arab Monetary […]
The United Nations has provided Congo around $1 million for agriculture projects under the supervision of the World Food Program (WFP) bureau in the central African country. The financing, over two years, was announced by Dima Al-Khatib, Director of the United Nations Office for South-South Cooperation (UNOSSC). “This is a project for which we’re going […]
