Algerian President Tebboune

Morocco Officially Takes Over Presidency of COP22, Pledges to Address Climate Change

Morocco has officially taken over the presidency of the 22nd Conference of the Parties to the UN Framework Convention on Climate Change (COP22) Monday as the global conference kicked off in the city of Marrakesh. At the opening ceremony of the 22nd Conference of Parties to the Framework UN Convention on Climate Change, COP 22, […]

Tanzania doubles its FDI inflows to over $1bn in 3Q, reflecting investor confidence

Tanzania’s Foreign Direct Investment (FDI) figures went up almost twofold year-on-year to $1.05 billion between July and September against $524.4 million in the same period last year, a positive development that is widely attributed to growing investor confidence in the East African country. Released by the state-run Tanzania Investment Centre (TIC) in its quarterly bulletin […]

AfDB warns of 25 African countries facing debt risks, as IMF approves loans to Zambia, Senegal

The rise in cost of debt servicing has led to 25 countries in Africa being at risk of either high debt distress or in-debt distress, African Development Bank (AfDB) Group president has warned, just as the International Monetary Fund (IMF) has approved billion-dollar loans to Zambia and Senegal. AfDB chief, Akinwumi Adesina, said African markets […]