Source: International Monetary Fund (IMF) |

IMF Reaches Staff-Level Agreement with Mali on a New Economic and Financial Program Supported by the IMF under the Extended Credit Facility

Key objectives of the program include strengthening fiscal discipline and tax revenue mobilization through further revenue administration reforms

The Malian authorities and IMF staff reached a staff-level agreement on a new economic and financial program supported by the Extended Credit Facility (ECF). The new program is aimed at fostering strong and inclusive growth and poverty reduction through investment in infrastructure and social sectors, and stimulating jobs creation, notably…

German Embassy in Windhoek
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    • German Government continues supporting economic development in the Republic of Namibia
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Source: German Embassy in Windhoek |

German Government continues supporting economic development in the Republic of Namibia

Since Namibia's independence in 1990, Germany has continuously supported the Namibian Government in strengthening the country’s social and economic growth

On Monday, 24 June 2019, Hon. Calle Schlettwein, Minister of Finance of the Republic of Namibia, and His Excellency Christian Schlaga, Ambassador of the Federal Republic of Germany signed a Financial Cooperation Agreement on interest-subsidized loans between Germany and Namibia. The agreement covers programmes to the value of 80 million…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank approves USD 24.7 million for Water and Sanitation Development in South Sudan

The Strategic Water Supply and Sanitation Improvement Project will support the rehabilitation of approximately 50km of the Juba town distribution network and related works

The Board of Directors of the African Development Bank (www.AfDB.org) on June 20, 2019, approved a proposal to commit $24.7 million to finance the South Sudan Strategic Water Supply and Sanitation Improvement Project. The Strategic Water Supply and Sanitation Improvement Project will support the rehabilitation of approximately 50km of the…

Averda
Source: Averda |

Averda Signs Four Seven-Year Contracts in Casablanca, Morocco

Averda with fresh ideas and new services for Casablanca

Averda (https://www.Averda.com/), the leading international environmental services provider, has been awarded four seven-year contracts in Casablanca, Morocco, commencing in June 2019 following its commitment to investing in new technologies, people, services and equipment. The contracts are for the four districts of Sidi Bernoussi, Ain Sebaa-Hay Mohamadi, Ain Chock and Hay…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff completes mission to Comoros on possible emergency financial assistance following Cyclone Kenneth

IMF assistance would help address Comoros’ budgetary and external financing gaps arising from reconstruction and humanitarian needs

IMF mission reached a preliminary staff-level understanding on a possible emergency financial assistance to Comoros, following tropical Cyclone Kenneth; IMF assistance would help address Comoros’ budgetary and external financing gaps arising from reconstruction and humanitarian needs; the assistance could also play a catalyst role in securing grants from development partners and…

Source: United Nations High Commissioner for Refugees (UNHCR) |

UNHCR to launch first Global Refugee Forum

The event, which is being held at Ministerial level, will be co-hosted with Switzerland and co-convened by Turkey, Germany, Ethiopia and Costa Rica

UNHCR, the UN Refugee Agency, is pleased to announce the first ever Global Refugee Forum, which will take place on 17 and 18 December 2019 in Geneva, Switzerland. The event, which is being held at Ministerial level, will be co-hosted with Switzerland and co-convened by Turkey, Germany, Ethiopia and Costa…

Source: African Development Bank Group (AfDB) |

African Development Bank welcomes EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI)

The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took place in Lisbon, Portugal

The African Development Bank (www.AfDB.org) announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The announcement was made to energy sector stakeholders at a sideline event held during the Africa Energy Forum, which took…

AGCO Corporation
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    • Left to Right_ Mr. Almeida S. A. Tomaz_Chairman and CEO, AT Capital S.A AND Mr. Nuradin Osman AGCO Vice President and General Manager, Africa
    • Mr Nuradin Osman_AGCO Vice President and General Manager, AFRICA_speaking at the Agribusiness 2.0 Plenary Session of the 12th US-Africa Business Summit in Maputo, Mozambique
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Source: AGCO Corporation |

AGCO Africa providing mechanization for a key Agri project in Mozambique

The aim of the Parque Agro-industrial de Moamba (PAM) agricultural project is to build reliable and resilient food production capacity in Mozambique

AGCO (www.AGCOCorp.com) and AT Capital S.A have signed a memorandum of understanding to collaborate and work together towards the implementation of the Parque Agro-industrial de Moamba (PAM) Agri-Industry Park in Maputo, Mozambique. The announcement was made at the sidelines the 12th U.S. - Africa Business Summit “Advancing a Resilient and…

International Organization for Migration (IOM)
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    • Photo: IOM 2019/Angela Wells
    • A hybrid, solar system, funded by the Office of US Foreign Disaster Assistance (OFDA), saves the Organization roughly 142 USD per day. Photo: IOM 2019/Angela Wells
    • IOM’s solar run 11kW Grundfos CR32–6A pump is able to pump more than half million litres per day. Photo: IOM
    • Jal Dit, IOM WASH Assistant, is one of the plumbing technicians who manage the hybrid, solar system in Malakal. Photo: IOM 2019/Angela Wells
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Source: International Organization for Migration (IOM) |

As The Sun Rises, The Water Flows: A Green Humanitarian Response in South Sudan

Last year, IOM’s water, sanitation and health (WASH) teams soon began to tap into the potential of the nearby river and the sun

By Angela Wells, IOM Public Information Officer, Department of Operations and Emergencies The town of Malakal sits on the East bank of the Nile River in South Sudan’s Upper Nile State- a country where the sun’s rays never cease. In 2013, armed groups attacked communities in Upper Nile, causing thousands…

Source: Voith |

Voith supplies water to wire solution for small hydropower plant in Burundi

The company will also supervise the installation and commissioning of the plant

Project is of high national importance since it will support the economic and social development for the local population; Works on the East African small hydropower plant Kabu 16 started in March 2019; Significant small hydropower potential in Africa. The technology group Voith (http://Voith.com) has won an order to design,…