Canada continues to support sustainable economic growth / Canada supports projects by Développement international Desjardins to promote entrepreneurship in Africa and Latin America. OTTAWA, Canada, June 13, 2014/African Press Organization (APO)/ — Today, the Minister of International Development and La Francophonie, the Honourable Christian Paradis, accompanied by the Honourable Steven Blaney, Minister of Public [...]
ISTANBUL, Turkey, May 28, 2014/African Press Organization (APO)/ — As competition increases among government stakeholders vying for investment into power sector projects across Africa, the most competitive countries will gather in Istanbul to promote stability and bankability. The need for countries to compete was highlighted at the World Economic Forum in Nigeria earlier this month, [...]
Minister Fast to Lead Third Trade Mission to Africa / Announces coming into force of Canada-Benin FIPA OTTAWA, Canada, May 28, 2014/African Press Organization (APO)/ — The Honourable Ed Fast, Minister of International Trade, today participated in Africa Day celebrations in Ottawa and invited Canadian business representatives, especially from small and medium-sized enterprises (SMEs) [...]
IMF Executive Board Completes Sixth Review Under the Extended Credit Facility Arrangement for Benin and Approves US$16.4 Million Disbursement COTONOU, Benin, May 25, 2014/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) today completed the sixth review of Benin’s economic performance under a program supported by the Extended Credit Facility [...]
IMF Executive Board Approves US$12.9 Million Disbursement Under the Rapid Credit Facility for the Central African Republic BANGUI, Central African Republic, May 15, 2014/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) approved on May 14, 2014 financial assistance under the Rapid Credit Facility (RCF) in the amount equivalent to [...]
IMF Executive Board Concludes 2014 Article IV Consultation with Tanzania DAR ES SALAAM, Tanzania, May 15, 2014/African Press Organization (APO)/ — On April 25, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Tanzania and completed the third and final review of the country’s performance under an [...]
CAPE-TOWN, South-Africa, May 15, 2014/African Press Organization (APO)/ — A key topic of discussion among global leaders at the 24th World Economic Forum on Africa was the need for free movement of talent and goods across Africa, in order to significantly strengthen businesses and boost intra-Africa trade on the continent. This sentiment is echoed [...]
JOHANNESBURG, South-Africa, May 15, 2014/African Press Organization (APO)/ – Foreign Direct Investment in Sub-Saharan Africa has increased by 4.7% in 2013 while it has declined in North Africa Intra-African investment on the rise Investors shift from extractive industries to consumer-related sectors Dramatic improvement in investor perception about [...]
IMF Concludes Mission to Uganda on the Second Review of the Policy Support Instrument KAMPALA, Uganda, May 13, 2014/African Press Organization (APO)/ — A team from the International Monetary Fund (IMF) visited Kampala during the past two weeks to conduct the second review of Uganda’s economic program supported by the Policy Support Instrument (PSI). The [...]
ACCRA, Ghana, May 13, 2014/African Press Organization (APO)/ — On May 7, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Ghana. Ghana has experienced strong and broadly inclusive growth over the past two decades, and its medium-term prospects are supported by rising energy production. The country has [...]
Statement at the Conclusion of the IMF’s 2014 Article IV Consultation Mission to Swaziland MBABANE, Swaziland, May 12, 2014/African Press Organization (APO)/ — A mission of the International Monetary Fund (IMF) led by Mr. Jiro Honda visited the Kingdom of Swaziland during April 28‒May 12, 2014 to conduct the 2014 Article IV consultation with [...]
Fraud Warning and Fake Kimberley Process Certificates for Sierra Leone and Guinea WASHINGTON, May 10, 2014/African Press Organization (APO)/ — Media Note Office of the Spokesperson Washington, DC May 9, 2014 The Department of State, Bureau of Economic and Business Affairs, in conjunction with U.S. Customs and Border Protection is advising the [...]