Environment ministers from fifty-four African countries have acknowledged key environmental challenges faced by the continent — land degradation, desertification and drought – in the Addis Ababa declaration. The declaration was a key outcome of the 19th African Ministerial Conference on the Environment (AMCEN) 2023 that was held in mid August in Ethiopia’s capital city. In […]
Dolidol, a Moroccan manufacturer and distributor of bedding products, has secured a €20 million financial support of the International Finance Corporation and Proparco to enhance its production and sales in Nigeria. The financing package includes a loan of €13.5 million from IFC and €6.5 million provided by Proparco, the French Development Institution. The financing will […]
China has unveiled an ambitious plan to strengthen its partnership with Africa, pledging $51 billion in fresh financing and promising to create at least one million jobs. President Xi Jinping announced this initiative at a major China-Africa cooperation summit in Beijing, attended by delegates from over 50 African nations. The comprehensive package includes support for […]
