Ethiopia, Kenya headed to Belt and Road Forum in Beijing

Ethiopia, Kenya headed to Belt and Road Forum in Beijing

China says that 28 governments so far have confirmed they will attend the Belt and Road Forum for International Cooperation (BRF) in Beijing in May, with the attendees including President Uhuru Kenyatta of Kenya and Prime Minister Hailemariam Desalegn of Ethiopia. They will be joined by United Nations Secretary General…

France promises €100 million to C.A.R as Touadera wraps up visit

France says it has committed €100 million to development initiatives in the Central African Republic (CAR), including road infrastructure projects in the north and east regions of the country. Funds also will be used to improve the situation in Bambari, RFI Africa reports. The announcement came as President Faustin-Archange Touadera…

#AIDFAfrica development summit, new report focus on African finance

The Aid & Development Africa Summit beings Tuesday in Nairobi, with the event featuring more than 70 speakers whose expertise includes health, humanitarian aid and resilience, and finance. Among those speakers is Ronald Rwakigumba of Mercy Corps, who serves as the Uganda country coordinator for the Agri-Fin Mobile Program, designed to…

Agribusiness in Africa: Unlocking the business potential of smallholders

Agribusiness and agriculture are primed to be the catalysts of Africa’s economic transformation and development in the coming years. According to the World Bank, they are both expected to form a USD $1 trillion industry by 2030 in Sub-Saharan Africa whilst representing 45 percent of the continent’s GDP. Considering the connection between…

Benjamin K. Musampa

Benjamin Musampa is a research associate at l'Observatoire des Amériques

IMF recommends USD$150 million in funds for Benin

The International Monetary Fund has announced its recommendation for USD$150.4 million in funds to boost economic growth in Benin. An IMF team spent a week in Cotonou at the request of Benin’s government and completed their mission on Wednesday  While there, IFM representatives led by Norbert Toé met with President Patrice Talon,…