arab-eco-fin

World Bank loans Tunisia €82.5m to support covid-19 vaccine campaign

Tunisia Thursday subscribed for a €82.5 million loan from the World Bank, destined to support the vaccination campaign against the COVID-19 pandemic.   The agreement for the subscription, in the pipeline since December, was signed by Tunisian Finance Minister Ali Kooli and WB Manager for Tunisia. The loan will come to maturity in 2039 at […]

Africa CDC urges Western countries to boost funding for Mpox response

The head of the African Union’s health agency urged the West to learn from the Covid-19 pandemic and avoid abandoning Africa amid the mpox epidemic. The World Health Organization (WHO) declared mpox a global emergency in August 2024, due to the spread of the new Clade 1b strain in the Democratic Republic of Congo (DRC), […]

African economies to remain resilient despite financial headwinds — AfDB report

Despite the tightening global financial conditions, African economies are expected to remain resilient with a stable outlook in 2023-2024, according to a report by the African Development Bank (AfDB) that however urges bold policy actions to mobilize and leverage private financing for development in the continent. Africa’s average GDP growth is projected to stabilize at […]