Browsing: International Institutions

The BRICS group (Brazil, Russia, India, China, and South Africa) plans to create a Multilateral Guarantee Fund, supported by the…...

The Ethiopian government and the World Bank have reached a financing agreement of one billion dollars, combining grant and concessional…...

The International Monetary Fund (IMF) has approved a disbursement of $262.3 million to Ethiopia, following the third review of the…...

According to official sources at the Cameroonian Ministry of Finance (Minfi), on June 30, 2025, the Cameroonian Public Treasury raised…...

The Democratic Republic of Congo (DRC) is set to receive significant new financial support from the International Monetary Fund (IMF)…...

The International Monetary Fund (IMF) has called on the Nigerian government to revise its 2025 budget, initially set at 54,990…...

The economy of Guinea-Bissau is expected to grow by 5.1% in 2025, driven by dynamic exports and increased investments, according…

The African Export-Import Bank (Afreximbank) has finalized the increase of its reserve-based lending facility granted to Oando Oil Limited, bringing…

African Rail Company has signed a $3.6 million contract with the Indian company RITES, specialized in transportation consulting and engineering,…...

The African Development Bank (AfDB) has approved a $474.6 million loan to South Africa to modernize its infrastructure and green…...

The African Development Bank (AfDB) and the Asian Infrastructure Investment Bank (AIIB) have signed a new memorandum of understanding to…...

The African Development Bank (AfDB) approved, on June 27 in Abidjan, a trade financing facility totaling 25.5 million euros in…...

On July 1, 2025 in Riyadh, the capital of Saudi Arabia, a significant transition took place at the helm of…

The African Development Bank (AfDB) approved, on Monday, June 30, 2025, financing of over 300 million euros for Morocco, aimed…...

The International Monetary Fund (IMF) approved a new disbursement of $448.4 million (equivalent to 326.47 million Special Drawing Rights -…...

The European Bank for Reconstruction and Development (EBRD) has chosen Nairobi to establish its first African headquarters, thereby strengthening its…...

During the AFREXIMBANK Annual Meetings held in Abuja, Nigeria, a strategic partnership agreement was signed on June 27, 2025 between…

The World Bank has approved additional financing of $41.3 million, through the International Development Association (IDA), to strengthen the economic…...

As the curtain falls on Professor Benedict Oramah’s presidency, the numbers and achievements attest to a profound transformation of Afreximbank,…

The International Monetary Fund (IMF) has approved an immediate disbursement of approximately $758 million to Ivory Coast, under the programs…...

In its Economic Outlook Note 2025 published this Thursday, June 26, the World Bank paints a contrasting picture of the…

Lomé, June 25, 2025 – The West African Development Bank (BOAD) continues its commitment to financing development in the UEMOA.…

Abuja, June 25, 2025 – One of the highlights of the first day of the Afreximbank Annual Meetings was the…

Abuja, June 25, 2025 – The Pan-African Payment and Settlement System (PAPSS), a flagship initiative of Afreximbank in partnership with…

Abuja, June 25, 2025 – The Pan-African Payment and Settlement System (PAPSS), a flagship initiative of Afreximbank in partnership with…

The World Bank has approved a concessional financing of $115 million for Senegal, aimed at supporting its budget reform efforts,…...

The Africa Finance Corporation (AFC) announced on Tuesday, June 24, the official entry of the Republic of Angola into its…

The Shelter Afrique Development Bank (ShafDB) has signed a $15 million loan agreement with the Mauritanian Investment Bank (BMI) to…...

In a joint statement released on June 24, 2025, the BRICS countries (Brazil, Russia, India, China, South Africa, as well…...

The Democratic Republic of Congo has opened a new era in its cooperation with international development partners. This Saturday, June…