Moody’s throws Kenya’s sovereign rating deeper into junk territory

July 9, 2024

Africa

Moody’s cut Kenya‘s sovereign rating deeper into junk territory on Monday, citing diminished capacity to implement a fiscal consolidation strategy to contain…

EU made €56.3 million from rejected African visa applicants in 2023

June 9, 2024

Africa

Historically, Africans have been among the top Schengen visa applicants. Alongside filing most visa requests, they are also the most rejected applicants,…

EBID to inject $200 million into Ghanaian economy

May 14, 2024

Africa·Business

The ECOWAS Bank for Investment and Development (EBID) has strengthened its transformative partnership with Ghana by committing to inject $200 million into…

World Bank supports African leaders’ request for record $120 billion development fund

May 1, 2024

Africa·Finance

World Bank President Ajay Banga is advocating for substantial increases in contributions to a global development fund, asserting that these are crucial…

Reporting by Duncan Miriri; Editing by Aaron Ross and Nick Macfie

IMF, Mali reach staff-level agreement for $120 million emergency financing amid rising food insecurity

May 1, 2024

Africa·Finance

The International Monetary Fund (IMF) has announced a staff-level agreement with Mali for approximately $120 million in emergency financing. This move comes…

From mines to markets: How Africa and Europe can become green industry partners of choice

May 1, 2024

Africa·Agriculture·Economy·Essays

I participated yesterday in an online webinar organized by KU Leuven MSc International Politics students on “Strengthening EU-Africa Partnerships for CRM Security…