First Independent Mena Newspaper
Côte d’Ivoire has received from the Islamic Development Bank (IsDB) a financing credit worth $195 million for the construction of a 74km-long road inscribed in the National plan of development, Sika reports. The credit line will finance Bouake-Darakokaha express road, a section of the planned 1,300 km long road project Abidjan-Ouagadougou (Burkina Faso), to cost […]
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of the G20 Finance Ministers and Central Bank Governors in India, “Zawya reports”. The central African country in November 2022 reached an agreement with its creditors, notably Swiss commodities trader Glencore, […]
The West African Development Bank – BOAD- has provided $15.3 million credit facility for Golden Tulip Akwaba hotel project in the Ivorian economic capital Abidjan, whose foundation was laid in December last year. The bank announced the credit facility this week adding that the loan will be used to build and exploit the future infrastructure. […]
Tunisia has received $700 million in credit facility from African Export–Import Bank known as Afreximbank. President Kais Saied, according to a statement by the state-run television, approved the credit line requested by the Central Bank of Tunis. The statement neither provided details on the period of the loan nor the interest rate. […]
An International Monetary Fund team of experts will travel to Tunisia late this month to continue talks with authorities about the North African country’s request for a loan. “A small team of IMF experts plans to visit Tunisia this month for further discussions with the authorities to build on what I can describe as good […]