Economy

ITFC signs US$117.94mn contract to help in cotton export in Cameroon

Cam cottThe International Islamic Trade Finance Corporation (ITFC), has signed a US$117.94mn syndicated agreement with the government of Cameroon and Sodecoton for the export of cotton and import of agricultural inputs

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AfDB strengthens Ethiopia’s debt management capacity

AfDB EthiopiaThe African Development Bank (AfDB) has conducted the first of a series of capacity development sessions on debt management for Ethiopia, covering themes such as loan negotiations and management, domestic debt and capital markets development and enhancement of analytical and evaluation advisory capacity

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Nigeria signs joint declaration on economic cooperation with EFTA

Federal Ministry NNNNigeria has signed a joint declaration on economic cooperation with the European Free Trade Association (EFTA), which is expected to allow both parties to work on a framework to increase trade and investment flows

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Africa needs to fix its energy problems for sustainable growth: Songwe

vera songwe 330x245Africa needs to create adequate infrastructure to provide energy access to its people to accelerate and sustain economic growth, said Vera Songwe, executive secretary of Economic Commission for Africa (ECA) during the 12th African Economic Conference (AEC), held in Addis Ababa from 4-6 December 2017

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The AfDB approves US$74mn loan for Namibia’s education sector

Namibia CapThe African Development Bank (AfDB) has approved US$74mn loan to Namibia to finance the country’s education and training

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