AfDB’s current portfolio in Somalia totals US$135mn, covering operations in a wide range of sectors. (Image source: AfDB)

Arrears on loans owed by Somalia to the African Development Bank (AfDB) Group have been cleared following the payment in full of US$122.55mn by the governments of the UK and the European Union

The C20 urges that G20 leaders consider the recommendations in the statement on pandemic preparedness released jointly with the Business 20, Labour 20, Think 20, Women 20 and Youth 20. (Image source: peshkova /Adobe Stock)

Following the ongoing global challenges, G20 leaders need to uphold the principles of human rights, civic engagement and democracy, according to Civil Society 20 (C20), one of the eight official Engagement Groups of the G20

These measures, it was agreed, must accompany a policy of opening borders for trade. (Image source: HesselVisser/Pixabay)

African finance ministers met on 19 March in a virtual conference to exchange ideas on the efforts of their respective governments in dealing with the social and economic impacts of COVID-19

It is going to assuage the fears of portfolio investors, reduce rent-seeking in the foreign exchange market, serve a deterrent to currency hoarding and mitigate revenue shortfalls for the economy. (Image source: James Malone/Flickr)

The Central Bank of Nigeria (CBN) has tinkered with the country’s exchange rate, and in the process, unified the previous various exchange rates