Economy

The African Development Bank reviews its economic scenario for each African country in a voluminous report. It sees a gradual and gradual exit from the crisis, but warns of risks and uncertainties. The AfDB (African Development Bank) is publishing, in early July, a voluminous...

Ewatch Africa Investment Analytica, a subsidiary of HPS Consulting of Prosper Sugewe, intends to rate in local currencies the communities and companies of Central Africa. While the debt levels of certain African countries and certain large companies are running much ink, financial Africa is...

The AfricInvest fund, fourth of the name, has a first closing at 202 million dollars. Among other things, it receives support from the British CDC Fund, the Finnish Finnfund and the French Proparco. CDC Fund and Finnfund announced on July 6 that they had...

Central African countries have launched various stimulus packages to alleviate the impact of the crisis on the population and the economy. However, these measures had only very short-term redistribution effects, with no significant effect on the overall level of production. If, as ECA (Economic...

The World Bank is now divided into two vice presidencies in Africa. Ousmane Diagana takes over as head of West and Central Africa. The institution is stepping up its emergency support to African countries with a view to a rebound in the economies. Since...

West Africa fears a serious crisis if European dairy manufacturers pour into Africa their surplus milk powder formed during the Covid-19 crisis, while livestock farming in the Sahel is already weakened by the persistence of jihadist violence and global warming. Like all NGOs that...

Will the first barrel of oil come out of Sangomar in 2023? The development of the offshore project is registering a new, though predictable avatar, after the delays accumulated in the oil industry in recent weeks due to the pandemic crisis. Far RSSD...

In order to finance its ambitious development strategy by 2035, the Republic of Djibouti has created a Sovereign Fund. Long-term investor, it could total $ 1.5 billion in endowments in ten years The creation of this fund supports the "Vision 2035" which guides government...

Femi Adesina, Special Advisor to the President of Nigeria, said President Muhammadu Buhari also expressed concern over the decision of the French-speaking countries that form the West African Economic and Monetary Union (Uemoa) to replace the CFA Franc with Eco before the rest of the member states....

Nigeria announces end to fuel subsidies. The announcement was made by the head of the NNPC, the national oil company. Put under heavy pressure by the economic storm, Nigeria finally decreed an end of fuel subsidies. The measure was supposed to abolish a regime...