banker awards

Gabon: Employers request control of the private pension fund

Henri Claude Oyima, head of Gabon’s private bosses indicated Monday that the country’s struggling National Social Security Fund, CNSS, should be managed by the private sector per recommendations of Inter-African Conference on Social Security (CIPRES). “We are the ones who pay, we think that we have to manage this institution and that the State must […]

Tunisia cuts 2020 growth forecast, eyes new IMF deal

Tunisia expects a growth rate of just 1% this year, compared with the 2.7% envisaged in the 2020 budget, and plans to seek a new loan deal with the International Monetary Fund (IMF). Tunisian Prime Minister, Elyess Fakhfakh, who made the announcement on Sunday said his government has slashed the country’s economic growth forecast for […]

US agency offers Sierra Loan $430 mln grant to boost electricity access

The Millennium Challenge Corporation, a U.S. state development fund, offered a grant of $430 million to help Sierra Leone generalize electricity access. The grant would back efforts to give electricity access to some 4.6 million people in the country where 30% of the population lacks electricity. Electricity access is a major issue in Sub-Saharan Africa, […]