[World Bank] Washington -- The World Bank today approved a $250 million International Development Association (IDA)* credit for a five-year Ghana Financial Stability Project. The project will support Ghana's Financial Sector Strengthening Strategy (FSSS) by contributing to financial stability through the recapitalization of viable Banks and Specialized Deposit-taking Institutions (SDIs) impacted by Ghana's Domestic Debt Exchange Program (DDEP ..read more

[savethechildren_uk] Nairobi -- The torrential rains, which come after years of drought and have been attributed to both human-induced climate change and the tail end of the naturally occurring El Niño weather pattern [3], have displaced over 420,000 people with at least 330 killed due to unusually heavy flooding in all three countries ..read more

[ISS] Not all Kenyans are enchanted by the prospect of being America's main partner in sub-Saharan Africa ..read more

[Gitex Africa Morocco] Three-day exhibition and conference taking place from 29-31 May in Marrakech, Morocco, set the spotlight on the region's digital future and tech opportunities ..read more

[New Times] African leaders, executives, tech and financial innovators, creative institutions, policymakers, and government leaders have been urged to connect Africa and set global social and economic goals to foster greater inclusion and equality ..read more

[The Rockefeller Foundation] Recent floods in Kenya have made headlines all over the world. Across the country and around the region, these floods have claimed over 200 lives, displaced 150,000 people, and turned classrooms into emergency shelters. They offer a stark reminder of the profound impact climate change is already having across Africa ..read more

[New Times] Africa's average economic growth in 2023 fell to an estimated 3.1 percent, down from 4.1 percent of the previous year, as successive shocks weakened post-pandemic gains, the African Development Bank (AfDB) said in a report released on Thursday, May 30, Xinhua reports. This comes as Rwanda's economy is projected to grow at 7.8 percent in 2023 and 8.1 percent in 2024, according to the AfDB ..read more

[Vanguard] Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday ..read more

[This Day] President Bola Tinubu has extended letters of invitation to countries worldwide, especially those on the African continent, to take advantage of the investment opportunities that abound in Nigeria's blue economy ..read more

[The Herald] AFRICA Day is a celebration of liberation, resilience, and the transformative possibilities that lie ahead, VP Kembo Mohadi has said ..read more