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WEBEcofinAgency. ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, …
Coalition Seeks $90bn to Power 300 Million Africans by 2030
WEB2 days ago · Saturday, 21 September 2024 07:03. (Ecofin Agency) - An international coalition led by the World Bank and the African Development Bank (AfDB) aims to raise $90 billion to provide electricity to 300 million Africans by 2030. The program focuses on clean energy solutions. The Rockefeller Foundation, Global Alliance for People and Planet, and ...
Africa Lost 18% of Mountain Tropical Forests Between 2003 and …
WEB4 days ago · A report published in August in Nature by a team of African and European researchers reveals that Africa lost 7.4 million hectares of mountain tropical forests between 2003 and 2022. This loss amounts to 18% of the total area of these vital ecosystems, which are crucial for carbon storage and biodiversity.
Côte d'Ivoire Spent $467mln on Tax Exemptions in H1 2024
WEB3 days ago · facebook. linkedin. (Ecofin Agency) - In the first half of 2024, Côte d'Ivoire granted $467 million in tax and customs exemptions, according to a government announcement made on September 18. This marks an increase from the $332 million spent on exemptions during the same period in 2023.
OECD Projects Morocco’s Economy to Grow 3.5% in 2024 and 4
WEB4 days ago · The Organization for Economic Co-operation and Development (OECD) forecasts Morocco’s economy will grow by 3.5% in 2024 and 4% in 2025, up from 3.5% in 2023, according to a report released on September 11, 2024. This growth is expected due to increased investments and strong export performance. The OECD report notes that Morocco’s public ...
AES Reveals New Investment Bank and Stabilization Fund Projects
WEBOn September 16, 2023, Mali, Burkina Faso, and Niger signed the Liptako-Gourma Charter, creating the Alliance of Sahel States (AES). A year later, this confederation unveiled new projects to deepen their integration, including a new passport system. Yesterday, Colonel Assimi Goïta, the president of AES, announced the implementation of new...
Afreximbank to Double Intra-African Trade Financing to $40bn by …
WEBTuesday, 13 August 2024 14:18. (Ecofin Agency) - The African Export-Import Bank (Afreximbank) announced plans to double its financing for intra-African trade to $40 billion by 2026, up from $20 billion in 2021. The announcement, made on August 9, 2024, by Haytham ElMaayergi, Executive Vice President of Afreximbank's Global Trade Bank, came ...
Economic information from Africa - Ecofin Agency
WEBTunisia: Cinema as a tool for fight against corruption. L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
African nations expand guided trade initiative within the AfCFTA ...
WEBJan 18, 2024 · In a significant development for the operationalization of the African Continental Free Trade Area (AfCFTA), 24 new countries are set to join the Guided Trade Initiative in 2024. Wamkele Mene, the Secretary-General of AfCFTA, announced this expansion during a roundtable discussion on January 16, …
Africa's e-commerce revenue to hit $59.18bn by 2027, growing by …
WEBNov 3, 2023 · Despite many African e-commerce platforms struggling to attain profitability, the sector's outlook remains promising, driven by the digitalization of payments, the implementation of the African Continental Free Trade Area, and the advancement of deferred payment systems. The overall revenue of active e-commerce platforms in Africa is expected to reach $59.18...
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