Economy

World Bank’s IFC Eyes $25 Million Investment in New Africa Growth Fund

The International Finance Corporation (IFC), the private sector investment arm of the World Bank…

EAC Ends Equal Contributions After $89 Million Debt Crisis

An $89 million pile of unpaid membership dues has pushed the East African Community…

AfDB Urges Shift From Isolated Projects To System-Wide Economic Transformation

Africa is recording thousands of successful development projects every year. Yet, many of the…

Africa’s SMEs Squeezed By Tighter Lending Despite Stable Defaults

Small and medium-sized enterprises (SMEs) continue to face tighter lending conditions, higher collateral requirements,…

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