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WEBFounded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.
Economic information from Africa - Ecofin Agency
WEBFeb 19, 2019 — Tunisia: Cinema as a tool for fight against corruption. L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Five African Nations Set for World’s First Joint Debt-for-Nature Swap
WEB6 days ago — Five African nations are preparing to launch what could be the world's first joint "debt-for-nature" exchange. This initiative aims to raise at least $2 billion to protect the marine ecosystems of the Indian Ocean, a region rich in biodiversity but threatened by environmental degradation. The project is backed by a global group of nature ...
IMF Reaches Staff-Level Agreement With Ghana On $360mln …
WEB5 hours ago — In an October 4 statement, the institution revealed that full approval of this agreement will result in the disbursement of around $360 million for the country. This will push the total financial aid from the IMF, since May 2023, to roughly $1.9 billion. IMF officials noted that Ghana has been making good progress under the program.
Sahel Alliance Nations Raise CFA1.87trn in Nine Months
WEB2 hours ago — While raising funds remains essential to finance budget deficits and infrastructure spending, the ongoing high interest rates may significantly strain these countries' repayment capacities. Between Jan. and Sep. 2024, the member countries of the Sahel States Alliance (AES)—Burkina Faso, Mali, and Niger—raised about CFA1,866.5 billion (around $3.12 billion) on the...
Afreximbank to Double Intra-African Trade Financing to $40bn by …
WEBTuesday, 13 August 2024 14:18. (Ecofin Agency) - The African Export-Import Bank (Afreximbank) announced plans to double its financing for intra-African trade to $40 billion by 2026, up from $20 billion in 2021. The announcement, made on August 9, 2024, by Haytham ElMaayergi, Executive Vice President of Afreximbank's Global Trade Bank, came ...
COP28: $175M Pledged for African Green Infrastructure
WEBDec 3, 2023 — In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175 million to the Alliance for Green Infrastructure in Africa (AGIA). The landmark initial pledge will help to rapidly scale up financing for transformative climate-aligned...
Africa needs $3trn to tackle climate change by 2030
WEBMonday, 02 September 2024 19:00. (Ecofin Agency) - Africa needs to mobilize $3 trillion by 2030 to tackle the impacts of climate change. This urgent reminder was delivered by Josefa Correia Sacko, Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment at the African Union Commission.
South Korea Pledges $24bn in Funding to Africa by 2030
WEBJun 5, 2024 — South Korea will commit $24 billion in aid and investment support to Africa by 2030. The information was announced by South Korean President Yoon Suk Yeol on Tuesday, June 4, 2024, at the opening of the South Korea/Africa Summit. Seoul aims to strengthen its cooperation with the continent through this initiative. President Yoon pledged to ...
AfDB Appoints Emmanuel Pinto Moreira as Director of Special …
WEB1 hour ago — The African Development Bank Group has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet Office, effective 1 July 2024. Dr. Pinto Moreira, a Beninise economist, brings to the role over three decades of experience in macro-fiscal, growth, poverty, economic governance, trade, and competitiveness-related work....