Africa's economy should return to growth in aggregate across the continent in 2021 after a coronavirus recession, the African Development Bank said on Friday - while warning that poverty and public debt will continue to rise.
The -2.1 percent contraction of the pan-African economy in 2020 was the first recession...
Back when states regularly used armed forces to compel others into compliance or dependence, sovereignty was primarily a geographic and military concept. But the term has more recently taken on an added dimension.
The COVID-19 pandemic, for example, revealed the West’s dependence on China for supplies of face masks and...
The office of Dr Jose-Manuel Pinto Monteiro, the lead lawyer for Venezuelan businessman, Alex Saab in Cape Verde says he is disappointed about the extent of interference the government, particularly the office of the prime minister, Ulisses Correia is having in their work.
They expressed the sentiments after news of...
As the rest of the world prepares for a vaccine-driven return to normal over the next few months, at her community health center in a poor, working class neighborhood of Cape Town, Andrea Mendelsohn is dreading the arrival of April and May—that’s when the weather will get cooler in...
President Joe Biden’s announcement that the US will have enough COVID-19 vaccines for every American by the end of May has contributed to a rising tide of optimism about the country’s economic prospects this year. This, and other good reasons to be hopeful about the economy, opens a valuable...
Lawyers for Venezuelan diplomat Alex Saab have warned that the total disregard by the Cape Verdean government in respecting the diplomatic immunity of their client could threaten diplomacy everywhere in the world.
Mr. Saab is being held under restricted house arrest in Cape Verde without access to his lawyers. The...
The ECOWAS Bank for Investment and Development (EBID) has granted a line of credit of €10 million to Vista Bank Guinea to support the financing and promotion of SMEs and SMIs in the Republic of Guinea.
The facility agreement was signed by Dr. George Agyekum DONKOR, President and Chairman of...
African Export-Import Bank (Afreximbank) has approved US$70 million to finance the expansion and upgrade of the Beitbridge border post in Zimbabwe.
The Bank authorised a US$43 million senior term loan facility to Zimborders Mauritius Ltd and the issuance of an Investment Guarantee of US$27 million supporting Pembani Remgro Infrastructure Fund to...
ECOWAS Bank for Investment and Development, EBID, the regional development bank for the ECOWAS sub-region (Economic Community of West African States), and ODDO BHF AG, the Franco-German financial services group with a longstanding track record and expertise in ECA financing, have signed a framework agreement.
Dr. George Donkor, President of...