APO Group - Africa Newsroom / Press Release

Source: International Monetary Fund (IMF) | Jul 24, 2024

International Monetary Fund (IMF) Staff Concludes Visit to Central African Republic

The positive progress in domestic revenue mobilization since the start of the ECF program continued, reaching a record level of CFAF 80 billion during the first half of this year

The Central African Republic (CAR) continues to implement public finance management and governance reforms, despite the particularly difficult socio-economic context and significant financing needs; In the very short term, the main challenges concern the country's fuel supply and the control of budgetary risks; The implementation of the reforms planned under…

Source: UN News | Jul 12, 2024

Democratic Republic Congo: Conflict escalation linked to deadly Mpox threat

At least 25 million people have been caught up in the humanitarian crisis in the Democratic Republic of the Congo (DRC) where a neglected health emergency continues to unfold at an alarming rate, the UN health agency said on Friday

For decades, conflict in the mineral-rich eastern DRC has triggered alarming levels of violence, mass displacement, widespread disease, gender-based violence and severe mental trauma, explained Dr Adelheid Marschang, Senior Emergency Officer at the World Health Organization (WHO). Today, the vast central African nation now has the “highest number of people in…

Source: UN News | Jun 27, 2024

United Nation mission boosts presence in Central African Republic’s conflict-stricken southeast

The UN peacekeeping mission in the Central African Republic (CAR) has expanded its presence in the country’s southeast to prevent further violence in areas heavily affected by conflict and systemic issues

Briefing ambassadors at the Security Council on the situation in the country, head of the UN mission Valentine Rugwabiza stated that the additional deployment also facilitated the delivery of humanitarian aid in the restive and hard-to-access Haut Mbomou region. Bordering South Sudan and the Democratic Republic of the Congo, the…

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- Marc Tabhcy, Founder and Chairman of APD Cameroon (left), exchanges documents with Helen Brume, Director of Project and Asset-Based Finance at Afreximbank, following the signing of an indicative term sheet for the EUR 210 million financing of a new port terminal in Douala, Cameroon
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Source: Afreximbank | Jun 20, 2024

Afreximbank signs term sheet to finance new terminal at Cameroon’s Douala Port

The new terminal will be an extension of the existing Port of Douala and will consist of two berths to be numbered 53 and 54

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million. According to the term sheet, the proposed facility will be in two tranches in Euro and…

Source: African Development Bank Group (AfDB) | May 29, 2024

REISSUE: 2024 Annual Meetings: African Development Bank President Outlines Gains of Historic 2023 Dakar 2 Summit

Bank will invest $2.9 billion to support the Country Food and Agriculture Delivery Compacts; appoints Special Envoys to fast-track implementation

Since the Dakar 2 Summit (https://apo-opa.co/4bBfGm1), six African countries have set up Presidential-level Councils to drive implementation of the Country Food and Agriculture Delivery Compacts agreed at the summit, while another twelve countries are at various stages of establishing their councils. Presidential Councils have taken off in Tanzania, Democratic Republic of…

Source: United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) | May 24, 2024

Visit of the Acting Military Adviser of United Nation Department of Peace Operations to Bouar

These meetings enabled Major General Pearce to immerse herself in the working conditions of troops engaged in peacekeeping

On May 23, 2024, at the head of a large delegation, Acting Military Advisor Major General Cheryl Pearce visited MINUSCA troops stationed in Bouar. During this visit, Major General Pearce met with the Bangladeshi medical contingent, the Senegalese rapid reaction force, and the Bangladeshi aviation unit. These meetings enabled Major…

Source: Ministry of Foreign Affairs - Islamic Republic of Iran | Apr 30, 2024

Iran Foreign Minister meets Central Africas Minister for Small and Medium-sized Enterprises

Amirabdollahian met and held talks with Ngate Robard the Central African Minister for Small and Medium-sized Enterprises

Iranian Foreign Minister Hossein Amirabdollahian met and held talks with Ngate Robard, the Central African Minister for Small and Medium-sized Enterprises During the meeting Amirabdollahian said the all-out expansion and promotion of ties with the African Continent is among priorities of the Islamic Republic of Iran's foreign policy. The top…

Source: United Arab Emirates Ministry of Foreign Affairs & International Cooperation | Apr 22, 2024

United Arab Emirates offers condolences and expresses solidarity with the Central African Republic over victims of capsized riverboat

The Ministry of Foreign Affairs (MoFA) expressed its sincere condolences to the government and people of the Central African Republic and to the families of the victims over their great loss

The UAE expressed its sincere condolences and solidarity with the Central African Republic over victims of a capsized riverboat. In a statement, the Ministry of Foreign Affairs (MoFA) expressed its sincere condolences to the government and people of the Central African Republic and to the families of the victims over…

Source: International Monetary Fund (IMF) | Apr 20, 2024

International Monetary Fund (IMF) Reaches Staff-Level Agreement with Central African Republic on the Second Review of the Extended Credit Facility (ECF)

Despite an extremely challenging economic and social context, Central African Republic (CAR) continues to make headway in stabilizing its economy and in achieving fiscal consolidation

The Central African Republic authorities and Fund staff have reached agreement on the economic policies that may underpin the forthcoming approval by the IMF Executive Board of the second review of the ECF-supported program; Despite an extremely challenging economic and social context, Central African Republic (CAR) continues to make headway in…

Source: United Nations High Commissioner for Refugees (UNHCR) | Apr 09, 2024

Thousands still fleeing Sudan daily, after one year of war

The number of Sudanese forced to flee has now surpassed 8.5 million people, with 1.8 million of them having crossed borders

A year on, the war in Sudan continues to rage, with the country and its neighbours experiencing one of the largest and most challenging humanitarian and displacement crises in the world. The number of Sudanese forced to flee has now surpassed 8.5 million people, with 1.8 million of them having…

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