Washington, 25 January, 2006— The U.S. Millennium Challenge Corporation (MCC) is becoming more “assertive” in working with countries to help them develop and implement effective proposals for its aid funds, MCC’s chief executive officer says. […]
Johannesburg, 17 January, 2006— Donors have approved a US $125 million plan to address the financial and structural problems plaguing Madagascar’s state-owned utilities company, but whether the bailout will bring power to the people remains […]
Warri, 16 January, 2006— Oil giant Royal Dutch Shell has pulled workers from four oil platforms in Nigeria’s volatile Niger Delta after armed militants launched the third attack in a week on its facilities. Heavily […]
Johannesburg, 10 January, 2006— On the back of record oil prices, Africa’s second largest producer, Angola, has one of the continent’s fastest growing economies while its people remain among the poorest. After 27 years of […]
Ndjamena, 9 January, 2006— Oil-producing Chad is urging the World Bank to rethink its decision to suspend all loans – a move that came after parliament scrapped a ground-breaking scheme where a chunk of petrodollars […]
Washington, 7 January, 2006— The Export-Import Bank of the United States (Ex-Im Bank) has begun offering financing with longer — up to 15-years — repayment terms on U.S. exports related to hydroelectric and other renewable […]
Washington, 7 January, 2006— U.S. Treasury Under Secretary for International Affairs Tim Adams will discuss financial, trade and development issues with financial and economic officials from Europe and Africa when he travels to Frankfurt, Germany, […]
Ndjamena, 30 December, 2005— The Chadian parliament on Thursday voted to scrap a fund set up to safeguard a portion of the country’s petrodollars for future generations, in a move the World Bank has called […]
Addis Ababa, 30 December, 2005— Ethiopia’s finance minister, Sufyan Ahmed, has said that the poor in his country would suffer if aid donors carried out their plan to withhold US $375 million in budget support […]
Washington, 29 December, 2005— There are functioning stock exchanges and countless investment and trade opportunities that now exist throughout sub-Saharan Africa that, if fully developed, could help bring a higher level of economic growth and […]
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