The African Development Bank (AfDB) has approved to loans to Côte d’Ivoire for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Programme the country had adopted under its National Development Plan 2021-2025
Finance
Positive prospects for Africa in 2024
As a challenging year for sub-Saharan Africa draws to a close, positive signs suggest an economic rebound is on the cards in 2024, according to economist Moin Siddiqi
A boost for Saudi-African business
The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Saudi Export–Import Bank (Saudi EXIM Bank) have signed an MoU to enhance cooperation and explore co-financing and investment opportunities between the two banks
US$1bn trade and investment programme for Morocco
African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MoU) with the Government of Morocco to develop a US$1bn Morocco-Africa Trade and Investment Promotion programme
Partners introduce remittances in naira
Smartcash PSB, a leading payment service bank, has partnered with Thunes, a cross-border payments infrastructure provider, to power international remittances in naira to mobile wallets