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The IMF has advised Chile to implement structural reforms to enhance its economic growth, which has sharply declined in recent years. Recommended reforms focus on improving investment efficiency, labor participation, …
IMF Urges Chile Reforms to Boost Slowing Economic Growth Read More
Mali has started construction on a new gold refinery in Senu, aiming to increase its control over mineral resources. Expected to produce 200 tonnes of gold per year worth about …
Mali Breaks Ground on $130 Billion Gold Refinery to Boost Control of Mineral Wealth Read More
The African Development Bank has launched a new Country Strategy Paper to enhance agriculture and infrastructure in Nigeria. Key initiatives include the NAGS for food security and the development of …
AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria Read More
Ethiopia has reached an Agreement in Principle with the Official Creditor Committee on a debt treatment plan under the G20 Framework, addressing USD 8.4 billion in debt. This includes a …
Ethiopia Secures Debt Relief Deal with Official Creditor Committee Read More
Ethiopia has finalized a preliminary agreement with its official creditors that includes $2.5 billion in debt service relief from 2023 to 2028, according to the finance ministry. Ethiopia has reached …
Ethiopia Secures $2.5 Billion Debt Service Relief from Creditors Read More
The second-hand clothing sector in Mozambique provides over 200,000 jobs and supports one million people, emphasizing its role as a vital economic component. An average monthly income of $650 for …
Second-Hand Clothing Industry: A Vital Economic Sector in Mozambique Read More
Comoros has been approved for a €9.51 million ($10.5 million) loan by the African Development Bank to establish a new data centre and enhance digital administration as part of a …
Comoros Secures $10.5 Million From AfDB for New Data Centre Development Read More
Governor Babagana Zulum of Borno State has approved N1 billion in grants to support 9,403 MSMEs in Biu and Hawul. This initiative aims to strengthen local businesses, create jobs, and …
Borno State Governor Zulum Allocates N1 Billion to Support MSMEs Read More
Pakistan’s happiness ranking has dropped to 109th in the World Happiness Report 2025, yet it is still above India and Afghanistan. Despite its dip, it outperforms several South Asian countries, …
Pakistan’s Happiness Ranking Declines to 109th in World Happiness Report 2025 Read More
Mozambique and Zambia have signed an agreement to interconnect their energy systems, promoting electricity supply in the Southern Africa Development Community. This $411.5 million project will be implemented by EDM …
Mozambique and Zambia Enhance Energy Cooperation through Interconnection Agreement Read More