International Institutions

Small rebound of growth in MENA zone (World Bank)

According to a new report from the World Bank, economic growth in the Middle East and North Africa (MENA) region is expected to rebound...

Growth in sub-Saharan Africa slowed down

Africa south of the Sahara is hampered by the low diversification of investments. This is the main conclusion of the latest World Bank report,...

AfDB hedges with New York hedge fund

The AfDB has taken out insurance with a group of investors led by Mariner Investment Group for a loan portfolio of $ 1 billion. The...

Vera Songwe defends the ZLECA at the UN

The Executive Secretary of the Economic Commission for Africa, Vera Songwe, concludes a series of fruitful meetings in New York on the sidelines of...

Egyptian President Abdel Fattah El Sisi meets with Christine Lagarde of the IMF

Egyptian President Abdel Fattah El Sisi on Sunday (September 23rd) in New York with Christine Lagarde, Executive Director of the International Monetary Fund (IMF),...

Integrity: AfDB excludes consulting firm GEO SCIENCES International

An investigation by the Integrity and Anti-Corruption Bureau of the African Development Bank revealed that the consulting firm engaged in numerous fraudulent practices.   The fraud...

Memorandum of Understanding between Attijariwafa bank and Bank of China

In the framework of the Chinese initiative called "Belt and Road", Mohamed EL KETTANI, CEO of Attijariwafa Bank Group and Liu Liange, CEO of...

AfDB “Blacklist” African Forestry Research Center

An investigation by the Office of Integrity and Anti-Corruption revealed that the consulting firm and its executive director engaged in an obstructive maneuver. The African...

Morocco, the BED finances the automotive industry

After awarding € 16.5 million to Novares Morocco, the Moroccan subsidiary of the French automotive supplier Novares Group, the European Bank for Reconstruction and...

Exclusive interview with S.E Hamad Buamim, President of the Dubai Chamber of Commerce

DUBAI, A NEW DOOR FOR TRADE IN AND TO AFRICA Undoubtedly, Dubai has become over the years a strategic economic hub for many international players....

Consortium of Chinese banks unblocks $ 598 million for Guinea

A consortium of Chinese banks has signed two credit agreements with the Guinean government for a total of five hundred and ninety-eight (598) million...

Five roots to Central Africa’s industrialization

By: Antonio Pedro and Julian Slotman, ECA Sub-regional Office of Central Africa Four years after the oil boom ended and Central African countries faced a...

Afreximbank Says $850 Million From Chinese Financial Institutions Will Boost Support to African Trade

Cairo, 12 Sept. 2018: – The $850 million in financing facilities being made available to the African Export-Import Bank (Afreximbank) by two Chinese financial...

Beijing: Guinea signs several agreements with China

On the sidelines of the Forum on China-Africa Cooperation, which opened on Monday, September 3, 2018 in Beijing, under the presidency of Xi JinPing,...