General Belkhir El Farouk- FAR Inspector General – UAE crown Prince Sheikh Mohammed

AfDB loans Côte d’Ivoire €165m to finance key programs of country’s National Development Plan 2021-2025

The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Program, an important aspect of the country’s National Development Plan 2021-2025. The first loan is worth €120 million and the second […]

COP22: WB & Morocco to establish GGIF for Africa fund to boost green economy in Africa

Morocco and the World Bank Wednesday agreed during the finance summit of the UN conference on climate change (COP22) in Marrakech to launch the “Green Growth Infrastructure Facility for Africa” tasked to spur green economy on the African continent and pull together environment-friendly private and public investments. GGIF for Africa is first true green economy […]

Libya: Central Bank takes loan, budget not voted

Spokesman Omar Hmeidan of the General National Congress has said that Libya will be taking a 2,55 billion Libyan dinar emergency loan to finance the functioning  of the government after lack of income.  Libya’s main source of income is oil and gas but the rebels have laid siege on several oil ports and fields thereby […]