The International Monetary Fund (IMF) has approved an 18-month policy coordination instrument (PCI) with the Republic of Cabo Verde to bolster macroeconomic reforms to support medium-term fiscal and debt sustainability
Finance
World Bank to launch Tanzania Economic Update on 18 July
The World Bank will launch the 12th Tanzania Economic Update ‘Human Capital: The Real Wealth of Nations’ on 18 July 2019 at the Hyatt Regency, The Kilimanjaro, Dar es Salaam
AfDB urges countries to join Africa50 for a more prosperous Africa
African governments need to explore innovative technologies to drive transformation on the continent, board members at Africa50’s general shareholders meeting in Kigali
Moody's: Ethiopia's economy is growing but political risks intensify
Ethiopias economy and wealth levels have been growing strongly at nine per cent per annum on average for the past five years, however, underlying political tensions risks derailing economic activity, according to Moodys Investors Service
AfDB, Portugal and Cabo Verde to accelerate diversification, private sector development
The African Development Bank (AfDB) and the governments of Cabo Verde and Portugal have signed a country-specific memorandum of understanding to implement the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries in Africa