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To help boost local currency financing, private sector growth, and job creation across the West African Economic and Monetary Union (WAEMU), the West African Development Bank (BOAD) (www.BOAD.org) and the International Finance Corporation (IFC), a member of the World Bank Group, today announced the signing of two reciprocal financing facilities ....
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Ms. Tekea Tesfamicael, President of the National Union of Eritrean Women, conducted a seminar for female members of the Eritrean Defense Forces focusing on the “Role of Eritrean Women in Resilience and Development.” At the seminar, conducted today, 15 May, at Denden Camp, Ms. Tekea noted that the EPLF exerted strong efforts to realize equality […]
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Ghana’s ECF-supported economic program has delivered substantial stabilization gains driven by strong reform efforts and significant progress in public debt restructuring, leading to sharply lower inflation, higher external buffers, improved confidence in the cedi, and marked debt sustainability gains. As stability takes hold, IMF engagement is shifting beyond the ECF toward reform-focused PCI. Discussions combined […]
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Independent assessment recommends closure of the 2021 variant poliovirus type 2 outbreak, while calling for sustained immunization and surveillance. Guinea-Bissau has reached an important milestone in its continued commitment to a future free from polio. After being certified free of wild poliovirus in 2019 by the Africa Regional Commission for the Certification of poliomyelitis eradication […]
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The Africa Centres for Disease Control and Prevention (Africa CDC) (https://AfricaCDC.org) is closely monitoring the confirmed Ebola Virus Disease outbreak in Ituri province, Democratic Republic of the Congo, and is working with national authorities and partners to support a rapid, coordinated response. Following consultations with the DRC’s Ministry of Health and National Public Health Institute, […]
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On the sidelines of the Africa Forward summit, the West African Development Bank (BOAD) (www.BOAD.org) and PROPARCO, a subsidiary of the AFD Group, announced the signing of an unprecedented €200 million financing agreement (equivalent to approximately CFAF 131 billion). Structured by Galite as a cross-currency transaction between the euro (EUR) and the CFA franc (XOF), […]
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On the occasion of the Africa CEO Forum, the West African Development Bank (BOAD) (www.BOAD.org) announces that it has obtained its inaugural credit rating from the Japan Credit Rating Agency, Ltd. (JCR). Founded in 1985 and primarily specialized in the vast and dynamic Japanese financial market, JCR has earned international recognition, notably as a credit […]
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