King Mohammed VI & President of Gabon Ali Bongo

Burkina Faso launches new “Caisse de dépôt et d’Investissement” to finance major projects

Burkina Faso is setting a new Caisse de dépôt et d’Investissement, CDI-BF, assigned several tasks including financing of State’s major projects. The decision, “Sika Finance” reports, came during a cabinet meeting last week. The CDI-BF replaces Caisse des dépôts et consignations (CDC) created in 2017 and dismantled in 2022 for lack of results. The CDI-BF […]

WB supports girls & women empowerment in Africa with $365 Mln funding

The World Bank Board has approved $365 million in International Development Association (IDA) financing to increase girls’ and women’s access to learning, economic opportunities, and utilization of health services, and to strengthen the institutional capacity for gender equality in Western and Central Africa. The Sub-Saharan Africa Women’s Empowerment and Demographic Dividend Plus project (SWEDD+) has […]

Morocco, Sweden Mend Ties after Diplomatic Row

Morocco and Sweden are mending their strained relations after a row over a failed attempt last year in Stockholm to recognize the Algerian-based auto-proclaimed SADR republic. In a sign of easing tensions between the two countries, Swedish Foreign Minister, Margot Wallström, who is visiting Morocco, met on Wednesday her Moroccan counterpart Salaheddine Mezouar to discuss […]