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New ‘independent’ Africa credit rating agency on track to launch in 2025
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on track to be launched in 2025, according to a senior AU official. Speaking with reporters in Accra, the AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Albert Muchanga, […]
AfDB loans Seychelles $33m as strengthened response to climate change, transition to clean energy
The board of directors of the African Development Bank (AfDB) has approved a loan worth $33 million to Seychelles destined to strengthen the country’s response to climate change and the transition to clean energy in the framework of the implementation of the Phase III of the Governance and Economic Reforms Support Program. The approval came […]
Moroccan king invites Spanish PM to visit the country
King Mohammed VI invited Spanish Prime Minister Pedro Sanchez to visit Morocco after relations improved between the two countries following Madrid’s open support to the autonomy plan for the Moroccan Sahara. In a phone call Thursday, King Mohammed VI expressed appreciation for the letter in which Sanchez said Spain supports the autonomy plan as “the […]



