tindouf camps

The Green Climate Fund approves €100 million to finance renewable energy in West Africa

With financial backing from Green Climate Fund, the West-African Development Bank (BOAD) has approved a €100 million loan to finance renewable energy development in countries from the West African Economic and Monetary Union. The goal of the Green Climate Fund (GCF) is to limit or reduce greenhouse gas emissions in developing countries and help adapt […]

Egypt, Algeria, Morocco, Nigeria among largest global wheat importers

Egypt will be the largest global wheat importer in 2024/25 (July-June) as the country recovers from a foreign exchange reserve crisis and seeks to rebuild inventories, the US department of agriculture USDA said. “In addition to wheat milled for domestic use, Egypt is also expected to continue exporting some wheat flour to nearby countries such […]

AfDB, Lome-based BOAD ink €70m deal to support the private sector in 8 West African countries

The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of €70 million to bolster the regional bank’s support to the private sector in the West African Economic and Monetary Union (WAEMU). The agreement, AfDB notes, was signed in Lomé on […]