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Africa

Central African Republic: Untapped Economic Potential Amidst Fragility

The Central African Republic (CAR), rich in natural resources and with significant agricultural potential, offers a largely unexplored economic playing field. Despite a volatile political and security environment, the country presents attractive opportunities for...
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The African Development Bank must re-invent itself – Dr Adesina

Dr. Akinwumi Adesina, the president of the African Development Bank Group, today unveiled an ambitious five-point programme to attract much-needed private sector investment to accelerate Africa’s economic transformation and meet...
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At AfDB meetings Experts urge African nations to make their countries attractive

Experts attending an African Development Bank High-level dialogue in Kenya have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education and equip the continent’s youth...
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DAMBISA MOYO: Inspiring Africa through Her Voice

At the age of 49, Dambisa Moyo has embarked on a journey that evokes admiration and envy. Hailing from Zambia, she charted a path to success by attending esteemed academic...
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FAO mobilizes more than 102 billion FCFA in 2020 to fight hunger in Africa

According to the Resident Representative, all of these projects required an envelope of more than 170 million US dollars, or more than 102 billion FCFA approximately. If this sum was...
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Financial Industry Summit to put Africa’s Economy on the rails

With an average growth in banking revenues of 11% per year and more than 800 million dollars raised by African FinTechs in 2019, the African financial industry was, before the...
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African countries to reflect on Transport infrastructure

The participants in this continental meeting will discuss the need to change the paradigm; the thorny issue of funding and the notion of risk; the central role of innovation and...
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UBA Group Chief named among Africa’s leading investors

Tony Elumelu is the founder and Chairman of the Board of Directors of Heirs Holdings, his family-owned investment company, which is committed to improving lives and transforming Africa, through long-term...
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2020 World Bank – IMF Annual meetings: African Caucus in concertation

For Alamine Ousmane Mey, President of the 2020 African Caucus of the World Bank Group and the IMF, “hosting the African Caucus meeting on Covid-19 confirms the commitment of African...
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Covid-19: Africa’s economic growth estimated at 3% in 2021

Hanan Morsy, Director of the AfDB's Macroeconomic Policy, Forecasting and Research Department, says the Africa Economic Outlook 2020 Supplement shows that for the first time in half a century, Africa...
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