The Gambian government and its Mauritanian counterpart h ave set up a "joint commission" to implement bilateral agreements between the tw o West African countries
The European Union (EU) will give Mali FCFA366 billion during the period 2008-2013 to support the country's development programmes, an official source said here Thursday.
The Japanese government indicated Wednesday it will make available US$ 172,000 for community development projects, covering educatio n , water supply and sanitation, in Mozambique.
The Director of the International Finance Corporation (IFC), Bernard Sheehan, and the Regional Director in charge of infrastructure,David Donaldson, are expected here Thursday on a two-day working visit.
The Board of Directors of the African Development Bank (AfDB) on Wednesday approved in Tunis a capital subscription of Euro 3.05million and a Line of Credit (LOC) of Euro 40 million to the West African Development Bank (BOAD).
The African Fund for Guarantee and Economic Cooperation (FAGACE) on Wednesday organised a one-day awareness raising and information Day for private operators to mark Mauritania's entry into the Fund as the13th member.
External sources of finance for productive investments would, at least in the short run, remain crucial in several African countries with a low-income base and an underdeveloped financial sector, according to Abdoulie Janneh, UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA).
The African Union (AU) draft budget for the year 2008, submitted to the Permanent Representative Committee (PRC), has been set at a little over US$139 million, representing an increase of US$6 million over the last budget, according to details obtained by PANA in the Ethiopian capital, Addis Ababa
The Congolese government plans to disburse six billion CFA francs to finance the recovery plan of the Congolese Posts and Savings Company (SOPECO), the Managing Director of the company, Guy Roger Mankedi, said here Monday.
