The government of Ethiopia has signed a US$251mn loan agreement with the African Development Bank (AfDB) to aid them with financing basic services in the country
Economy
Somali diaspora could prove to be vital to regional development, insists business leader
The international Somali diaspora could help stimulate the region through remittance finance, according to the CEO of one of Africas largest remittance companies
"Multinationals causing illegal money flow out of Africa" says Mbeki
Former South African President Thabo Mbeki said multinational corporations were responsible for much of the illegal flow of money out of Africa
SADC launches infrastructure master plan
The SADC Regional Infrastructure Development Master Plan (RIDMP) has been scheduled for launch at the 32nd summit of SADC Heads of State and Government in Maputo, Mozambique, taking place from 2-18 August
ECOWAS countries vow to harmonise fiscal policies
Political leaders from across the Economic Community of West African States (ECOWAS) have resolved to harmonise budgetary and fiscal policies in order to ensure greater macroeconomic convergence across the region