drought

WB: Morocco Gets $350 Mln Additional Funding to Enhance Social Safety Net System

The World Bank has agreed to provide Morocco $350 million additional funding to support the country’s social protection system, especially AMO-TADAMON destined for vulnerable populations (women, children & people with disabilities) and isolated populations in rural or remote areas. The new loan comes after the $400 million disbursed in 2020 to mitigate the impacts of […]

Rwanda, Uganda swap prisoners to end diplomatic row

Rwanda and Uganda have swapped prisoners ahead of the meeting Friday between the two countries’ presidents to resolve a diplomatic row that has led to the closure of their shared border. Some 20 Ugandan nationals detained in Rwanda were released on Wednesday, a day after Uganda released 13 Rwandan nationals it had detained on charges […]

Africa’s 2023 investment hotspots list dominated by Kenya, Egypt, Nigeria and S.Africa — report

Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively accounted for a dominant 68% share of the continent’s total investment influx last year, according to a new report. The report entitled ‘The Africa Investment Report 2023’ provides a compelling […]