IVORY COAST

IMF approves release of $886.2 million to Côte d’Ivoire to respond to COVID-19 pandemic

The International Monetary Fund (IMF) has approved the release of $886.2 million to Côte d’Ivoire to respond to COVID-19 pandemic. The loan was taken by Côte d’Ivoire under Rapid Credit Facility and the...

BREAKING: African Development Bank announces bold measures to curb coronavirus

The African Development Bank on Wednesday announced health and safety measures to help prevent the spread of the coronavirus in country's where it has a presence, including its headquarters in Abidjan. The measures include telecommuting, video...

Alassane Ouattara has stabilized Cote D’Ivoire – Buhari

Nigerian President Muhammadu Buhari on Friday in Abuja praised Alassane Ouattara, the Ivorian President, for leading an inclusive administration and stabilizing the country. Receiving the outgoing Ambassador of Cote D’Ivoire to Nigeria, Ambassador...

Gathering of thousands of African CEOs to discuss continent’s private sector role

The eighth edition of the largest international gathering of the African private sector will be held on 9 to 10 March 2019 in Abidjan, Côte d’Ivoire; With the role of capitalism sparking intense debate around the...

Amnesty International raises red alert over rising dictatorship in Côte d’Ivoire

Authorities in Côte d’Ivoire must uphold the right to fair trial of opposition members and their relatives arrested over the last two weeks and ensure they have access to their lawyers and medical assistance, Amnesty International...

Ivory Coast issues arrest warrant for presidential candidate Guillaume Soro

The administration of President Alassane Ouattara has issued an arrest warrant for Guillaume Soro, his former friend, and an ex-rebel leader who became prime minister and speaker of the National Assembly, and intends to run in...

Six decades after independence, West African countries announce split from French-backed currency

One of the biggest monetary splits between former colonial power France and French-speaking West African nations occurred on Saturday. Speaking in Ivory Coast’s commercial capital Abidjan, President Alassane Ouattara announced that the West...

IMF approves disbursement of additional $133.4 million to Ivory Coast under ECF and EFF arrangements

The International Monetary Fund has approved the immediate disbursement of an additional $133.4 million to Ivory Coast under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) arrangements. The approval, on...

Nigerians sweep Jack Ma Foundation’s $1 million awards to 10 African entrepreneurs

Nigerian Temie Giwa-Tubosun, founder and CEO of LifeBank company, on Saturday night won the first prize - $250,000 - at the first annual Africa Netpreneur Prize Initiative (ANPI) grand finale, which awarded $1 million in prize...

Eto’o, Weah, Drogba, Toure, others storm Nigeria for Lagos governor testimonial match

African football legends both in Nigeria and abroad will on Saturday, May 18, storm the Agege Stadium in Lagos to feature in the testimonial match organised to honour the outgoing Governor...

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Nigeria’s SERAP writes Buhari to provide spending details and audit of ‘fresh’ $5.513 billion loan

The Nigerian Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to...

African Development Bank approves €88 million ($98 million) loan for Senegal to respond to COVID-19

The Board of Directors of the African Development Bank on Friday approved a loan of 88 million euros to Senegal, hit hard...

IMF Executive Board Approves FY 2021-FY 2023 Medium-Term Budget

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for...

Former African presidents release joint statement backing embattled African Development Bank President Akinwumi Adesina

In an unprecedented move, former African heads of state and government released a jointly signed letter on Friday, backing the embattled...

Read full remarks by IMF Managing Director Kristalina Georgieva on financing for development amid COVID-19

Good morning. I want to thank Prime Minister Trudeau, Prime Minister Holness, and Secretary-General Guterres for keeping a focus on development amidst...

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