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Libya, China review ways of boosting relations

The Deputy Foreign Minister for International Cooperation and Organizations, Omar Keti, received, in his office at the Foreign Ministry in Tripoli, Wang Zhimin, the Chargé d’affaires of China in Libya..

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AfDB Board approves $1bn emergency facility to boost food security in Africa

The African Development Bank, AfDB Group’s Board of Directors has approved 24, fast-track programs to help Africa mitigate rising food prices and inflation caused by Russia’s war in Ukraine, climate.

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AfDB hails coherence of Morocco’s development plan, resilience of its economy

President of the African Development Bank (AfDB) and Chairman of the Africa50 Board of Directors, Akinwumi Adesina, hailed on Tuesday in Marrakech the coherence of Morocco’s development plan and the.

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Nigeria’s Central Bank Raises Interest Rate to 14%

The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has unanimously voted to increase the benchmark interest rate (monetary policy rate) to 14% from 13%, being the second.

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‘Gov’t Committed to Ending Electricity Nightmare’ – Finance Minister

The Liberia Minister of Finance and Development Planning, Samuel Tweah, has reiterated the government’s commitment to ending the cycle of insufficient electricity during the dry season. Tweah added that the.

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Building Sustainable Economies in Africa Through Public- Private Partnerships

A sustainable economy is resilient and provides a good quality of life for everybody. Every nation desires to have a sustainable economy that builds upon its successes for continuous growth..

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IMF calls for quick creditor agreements on Chad, Ethiopia, Zambia debts

The International Monetary Fund, IMF, on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities to restructure the countries’ debts, saying this could.

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AfDB supports generalization of social coverage program with $87 million

The African Development Bank Group, AfDB, will lend Morocco €87 million to help the country implement the Support Program for the Generalization of Social Coverage. The primary objective of this.

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African start-ups explore metaverse and NFTs to tackle economic woes

It might sound like science fiction, but a Nigerian-born tech entrepreneur thinks he has found a way for Africans to escape problems such as inequality and bad government — a.

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Zimbabwe to introduce gold coins to tame inflation

Zimbabwe’s central bank said it would start selling gold coins this month as a store of value to tame runaway inflation, which has considerably weakened the local currency. The central.

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