Côte d’Ivoire continues its fast-paced economic growth, and its medium-term outlook remains favorable although some risks remain, according to an International Monetary Fund (IMF) staff team that’s just wrapped up a visit to Abidjan. The IMF team led by Dhaneshwar Ghura met with, among others, President Alassane Ouattara, Prime Minister…
President Emmerson Mnangagwa of Zimbabwe has arrived in Côte d’Ivoire, where he was greeted by President Alassane Ouattara as both head for the Africa CEO Forum to be held Monday in Tuesday in Abidjan. Mnangagwa will present his plans for economic recovery, and with former Nigerian president Olusegun Obasanjo will participate…
In Côte d’Ivoire, a coalition of opposition political parties announced Monday they would no longer recognize the legitimacy of the country’s Independent Electoral Commission (CEI) just days ahead of legislative elections scheduled to be held on Saturday. The Ensemble pour la Démocratie et la Souveraineté (EDS), formed last April and led…
In a first for Japan, the country’s International Cooperation Agency (JICA) has signed a new loan agreement with the African Development Fund to provide USD$700.9 million to address poverty and support economic growth. “We hope the loans and grants will be used effectively to improve economic and social conditions of…
Infrastructure investment remains at the core of African economic development, says Akinwumi Adesina, president of African Development Bank (AfDB), as the bank rolls out its 2018 African Economic Outlook. “Infrastructure, when well managed, provides the financial resources to do everything else,” said Adesina, speaking from the bank’s headquarters in Abidjan, Côte…
President of Ghana Nana Akufo Addo welcomed France’s Emmanuel Macron to Accra on Thursday, fresh from an African Union-European Union summit in Abidjan that was laser-focused on the crisis in Libya but, according to critics, at the expense of real diplomatic advances on pressing issues. Akufo Addo has been outspoken…
Earlier this year, some of the world’s biggest names in chocolate – The Hershey Company, Mars and Nestlé among them – pledged to clean up their supply chains and end the deforestation damage that’s been part of doing business in West Africa. At least 12 companies met in London with…
Scientists say an unusual strain of anthrax found in Taï National Park in Cote d’Ivoire is posing a serious threat to wildlife, including chimpanzees who may over time face extinction because of the bacterium. The new study comes from Ivorian National Animal Health Institute, along with the Robert Koch Institute (RKI), the…
Turkey will host the foreign minister of The Gambia this week in the latest round of bilateral meetings and engagements with African countries. Ouasainou Darboe is expected to be in Turkey through June 17, according to the country’s Ministry of Foreign Affairs. The visit comes as Mevlüt Çavuşoğlu, Turkey’s foreign minister,…
Côte d’Ivoire on Friday marks the end of a United Nations mandate with a presence in the country for 13 years, officially ending a peacekeeping mission deemed a success. “This milestone was made possible thanks to a significantly improved security situation in Côte d’Ivoire,” the UN said in a statement….
German Chancellor Angela Merkel pressed her case for investment in Africa on Monday as part of the G20’s Compact for Africa initiative, the focus of two-day meetings in Berlin. Merkel, whose nation holds the current G20 presidency, welcomed African leaders from Côte d’Ivoire, Ghana and Tunisia, the three nations that…
The nations of Cote d’Ivoire and Equatorial Guinea were elected to two-year terms on the United Nations Security Council (UNSC) on Friday. They join the 10-nation roster of nonpermanent members to the council, along with incoming nations Kuwait, Poland and Peru. The Netherlands also will join the council for one…
Heavy gunfire is reported in the cities of Bouaké and Abidjan in Cote d’Ivoire on Monday, as the latest crisis caused by disgruntled soldiers entered its fourth day. At least one person is dead and about 20 people have been injured – six of them by the gunfire – according…
Economic growth in sub-Saharan Africa is showing signs of recovery, the World Bank said Wednesday, but regional growth in 2017 is still projected to reach a comparatively weak 2.6 percent. Seven countries show the greatest economic resilience, with annual growth rates above 5.4 percent in the 2015-2017 period. They include…
About 200 experts and policy decision makers wrapped up a conference on science and technology in Nairobi on Friday. Kenya hosted leaders from 19 countries across sub-Saharan Africa who connected with their counterparts from China and other “innovation nations.” The Partnership for Skills in the Applied Sciences, Engineering and Technology (PASET)’s…