The World Bank Group and the International Monetary Fund (IMF) have announced, in consultation with the Kingdom of Morocco, that the planned World Bank Group-IMF annual meetings scheduled to take place in Marrakesh, Morocco, in October 2022 will now take place in Washington D.C.
Finance
AfDB assisting to build Senegalese economy
The African Development Bank (AfDB) has delivered 116 projects in the country worth more than US$3.47bn since the beginning operations at Senegal in 1972 with an aim to help and assist in building the countrys economic growth
AfDB commits financial package to support Guinea-Bissau’s economic transformation

Dr Akinwumi Adesina, president of AfDB and Umaro Sissoco Embaló, President of Guinea-Bissau. (Image source: AfDB)
African Development Bank Group (AfDB) has announced a financial package of US$30mn to Guinea-Bissau for infrastructure, budget and governance support
Changing the small business lending landscape

Uplinq’s technology provides small business lenders with the confidence they need to make an accurate credit decision. (Image source: Adobe Stock)
Transformational small business credit assessment platform and data provider, Uplinq Financial Technologies (Uplinq), has announced a new partnership with African technology and business solutions company, Nosmay, to help credit-lenders better serve the Africa’s unbanked population
United Kingdom targets West African markets

UK funding has been deployed to a range of vital infrastructure projects. (Image source: Adobe Stock)
UK exporters have gained a foothold in West Africa, which accounts for more than one-quarter of Africa’s GDP