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The approval, granted on November 29, is part of a $467 million logistics expansion program, which aims to double the transport capacity of its iron ore railway by 2030.
The Board of Directors of the African Development Bank Group on Wednesday announced approving a loan of EUR 118.63 million to Benin to implement the Drinking Water Supply for Resilience in Rural Areas Programme.
Japan signed 14 memorandums of understanding with African public and private sector players on the occasion of the 3rd edition of the Japan-Africa Public-Private Economic Forum, held in Abidjan on December 16.
Ethiopian Airlines, Africa’s largest aviation group accounts for a 49 percent stake in Air Congo with DR Congo holding a 51 percent share, APA can report from Kinshasa.
Ethiopian Airline has denied allegations that it transported live animals in violation of national and international laws including International Air Transport Association (IATA) Live Animal Regulations.
Heads of State of the Economic and Monetary Community of Central Africa (CEMAC) gathered in Yaoundé to address the declining foreign exchange reserves and the impact of global economic challenges on the region.
The Ethiopian parliament on Tuesday approved the long-awaited proclamation that allows foreign banks to operate in Ethiopia.
IMF has approved disbursement of US$184 million to Zambia.
The West African regional grouping has validated the criteria proposed by the High-Level Committee for the selection of the first member states eligible for the initial launch of Eco, the future regional currency.
Morocco, the Democratic Republic of Congo (DRC), and Zambia have outlined a joint roadmap to develop value chains in electric mobility, linking the three countries.