The World Bank has approved two US$30mn credits to support efforts to strengthen telecommunications connectivity through fiber-optic broadband network expansion in Mauritania and Togo
Banking & Finance
African Development Bank invests US$11 billion in COMESA
The African Development Bank (AfDB) has invested US$11bn in infrastructure development across the COMESA region in the last five years
AfDB pledges US$18 million to support Somalia’s reconstruction
The African Development Bank has pledged its support for Somalias reconstruction with a commitment of US$18mn over a period of three years
Multilateral development partners pledge African support
Leaders of the African Development Bank (AfDB), International Monetary Fund (IMF), World Bank, European Bank for Reconstruction and Development (EBRD), and Inter-American Development Bank (IADB) have pledged their close cooperation to support development
Ecobank Zambia announces expansion plans
Ecobank Zambia is set to establish five more branches and increase its number of automated teller machines (ATMs) to 38 as it expands its footprint in the country