The AfDB has approved a loan of US$213.41mn to Cameroon to finance the first phase of the government’s competitiveness and economic growth support programme (PACCE)
Economy
Abuja statement adopted for economic growth in Africa
Nigeria has adopted a declaration titled ‘The Abuja statement’ along with the Economic Community Of West African States (ECOWAS), World Trade Organisation (WTO), Friends of Investment Facilitation for Development (FIFD) and participants at the recent trade and investment facilitation partnership forum from 2-3 November 2017
Nigeria to make more policy changes for developing country’s economy: Osinbajo
After Nigeria ranked significantly in the World Bank’s recent ease of doing business report, Yemi Osinbajo, vice-president of Nigeria, has commended Buhari administration for its reforms and stated that the government will continue its reform agenda to keep improving the nation’s economy
Buhari commends Nigeria's progress in World Bank's doing business ranking
Muhammadu Buhari, the President of Nigeria, has lauded the phenomenal improvement of Nigeria on the World Bank’s doing business latest rankings that was released on 31 October 2017
Angola’s first wealth fund reports continuous gains
The Fundo Soberano de Angola generated profits in 2016 for the first time since its launch in 2012