The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of US$1.4 billion (SDR 1,005.9 million) under the Rapid Financing Instrument (RFI) to help meet urgent financing …
Johnson & Johnson has announced a historic deal that would allow an African company to manufacture and distribute its COVID-19 vaccine. On March 8, 2022, Johnson & Johnson announced a …
President Cyril Ramaphosa has appointed Ambassador Thembisile Majola as the new permanent Director-General of the State Security Agency (SSA), with effect from 1 March 2022. In a statement on Monday, …
RMB, a global coordinator, bookrunner and mandated lead arranger for African Export-Import Bank, or Afreximbank has secured a USD1.2 billion (R18bn), 3-year Syndicated Term Loan Facility. Afreximbank is a Pan-African …
United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests in Africa now. The congressman from New York and …
FedEx Express has launched direct services in Egypt to meet the growing demand for international air freight services in the country. The company’s services are provided in all provinces in …
Angola has announced a $250 million World Bank-educational project aimed at empowering girls and combating poverty. During the ceremony, which was chaired by President João Lourenço, WB Regional Director for …
Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, said on Thursday that Egypt, Kenya, Nigeria, Senegal, South Africa, and Tunisia will begin producing mRNA vaccines. The announcement was …
Developing countries, including Egypt, are under elevated risk of financial fragility caused by the COVID-19 crisis and non-transparent debt, according to the World Development Report 2022 released by the World …
The host agreement was signed last week in Harare by Zimbabwe’s Minister of National Housing and Social Amenities Hon. Daniel Garwe and Shelter Afrique Group Managing Director and Chief Executive …