African leaders meeting opens in Addis
African leaders meeting opens in Addis Ababa, Ethiopia this morning with remarks from different countries heads of states who reflected on various global and regional issues.
Côte d’Ivoire secures $1.3 billion financing from IMF
Côte d’Ivoire and the International Monetary Fund (IMF) have reached a staff level agreement on a package of reform measures for 2024-26 in line with the Resilience and Sustainability Facility (RSF) program…
Korea set to help developing countries trade expertise
The Republic of Korea has contributed KRW 390 million (CHF 260,000) to the Global Trust Fund to finance capacity-building programs in 2024, with the objective of helping developing economies participate more effectively…
AFC unveils partnerships to boost Africa’s mining sector
Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town to boost…
IFAD to reduce hunger and poverty for 100 million people
The 178 Member States of the International Fund for Agricultural Development (IFAD) adopted an ambitious agenda to improve the production, incomes, food security and resilience of more than 100 million rural people…
Russian-African Club of Lomonosov MSU held conference
The Russian-African Club of Lomonosov MSU held an international conference themed: “Development of Cultural and Humanitarian Cooperation between Russia and African Countries.”
Dream VC launches multi-country roadshow to encourage investment in Africa
By Andualem Sisay Gessesse – Dream Venture Capital (VC), the company engaged in accelerating the next generation of ecosystem-building African investors, is set to hold 14 investment networking events across the world…
PhosAgro joins Arab Fertilizer Association
PhosAgro’s accession to the Arab Fertilizer Association (AFA) was agreed in principle at a meeting between the Company’s management and the Association on the sidelines of the Second Russia–Africa Summit in July…
Armed groups advance in Congo threatens humanitarian support
Immediate action to address the escalating humanitarian crisis in eastern Democratic Republic of Congo (DRC) must be taken before the situation deteriorates further, urges the Norwegian Refugee Council (NRC).
Radisson expands its presence in Africa, Middle East
Radisson Hotel Group expands its presence in Africa, Middle East during 2023 by signing 22 hotels, resorts, and serviced apartments, adding over 3,800 rooms to its regional portfolio.
Renew Capital set to fund 50 tech startups in Africa
Renew Capital launched Renew Venture Lab Fund 2 (RVL2), aiming to invest in and empower up to 50 innovative tech startups across Africa.
Africa finance barometer highlights progress, persistent challenges
The Africa Financial Industry Summit-AFIS and Deloitte unveiled the third edition of their African Financial Industry Barometer, which highlighted significant progress and persistent challenges in the African financial industry.
OSC launches greater South Information System
The Secretary-General of the Organization of Southern Cooperation (OSC), Sheikh Manssour Bin Mussallam, today launched the Greater South Information System (GreSIS) digital platform during a ceremony held at the Ethiopian Science Museum…
Zimbabwe set to host African finance ministers
Finance and economic planning ministers are set to gather in Victoria Falls, Zimbabwe, this month for the upcoming UN Economic Commission for Africa (ECA) Conference of Ministers Finance, Planning and Economic Development…