Bloomberg, GFIM launch trading system for Ghana government bonds

Bloomberg and the Ghana Fixed Income Market (GFIM) recently launched the Bloomberg E-Bond Trading and Market surveillance system, a new electronic trading system for Ghanaian government bonds, which Bloomberg began operating in August. For participants in Ghana’s USD 7.7 billion fixed income market, the Bloomberg E-Bond system provides electronic trading and market surveillance tools. Read More »

Kiribati, Senegal Submit INDCs

Kiribati and Senegal recently made their intended nationally determined contributions (INDCs), controlling emissions in the energy, maritime and coastal sectors, in the face of the upcoming Paris Climate Change Conference that will take place between November and December. Senegal and Kribati are two of 81 countries that have officially submitted their INDCs, which will also go into a report. Read More »

World Bank Group partners with Cote d’Ivoire to upgrade economy, level disparities

The World Bank Group endorsed a Country Partnership Framework (CPF), a World Bank lending program of up to US$1 billion and a International Finance Corporation (IFC) financing of up to US$1 billion, for Côte d’Ivoire on Sept. 29. Due to years of stability, the World Bank Board extended the CPF to the Ivory Coast in order to modernize the economy and efface the disparities that were created from years of struggle. Read More »

African Development Bank, Senegal to bring water program to West African nation

The African Development Bank (AfDB) and the Senegalese Ministry for Water Resources and Sanitation will roll out a $54 million program to make water and sanitation accessible in rural areas.  The water and sanitation program to be implemented in Senegal is in line with the United Nation's Sustainable Development Goals' (SDG) No. 6 pledge, which mandates that water and sanitation be available for everyone.  Read More »

Mobile survey finds economic disruption in Liberia, Sierra Leone after Ebola outbreak

The Ebola outbreak in West Africa severely disrupted the economies of both Liberia and Sierra Leone, according to a survey released on Sept. 30 by GeoPoll, a mobile survey platform, and FHI 360, a human development organization.From January to June of this year, a survey was distributed via SMS messages throughout every district in both countries. Still, both nation's citizens remain optimistic about their nations' abilities to bounce back in the near future. Read More »

Construction underway on $962 million Ivory Coast terminal, canal project

Construction began on Tuesday for a $962 million four-year project in the Ivory Coast. The project will build a second container terminal as well as widen the part of the canal leading to the main port in Ivory Coast's capital city, Abidjan, one of the most active ports in sub-Saharan Africa. The construction contracts for both projects were awarded to China Harbour Engineering Co. Ltd. Read More »

Sika to expand concrete and mortar production facilities across Africa

Chemicals company Sika will open concrete admixture and mortar production facilities in Nigeria and the Ivory Coast. In addition, it will also establish new subsidiaries in Ethiopia and Tanzania as a part of its ongoing expansion throughout Africa. In 2014, Sika opened subsidiaries in Lagos and Abidjan to invest in local production facilities for high-quality concrete admixtures and mortars. Read More »

Nigeria, Liberia to collaborate on disaster preparedness

Officials from Nigeria and Liberia agreed to collaborate on disaster preparedness in the face of health crises, such as Ebola. The agreement was made at the West Africa Disaster Preparedness Initiative course, which took place at the Kofi Annan International Peacekeeping Training Centre in Ghana. The collaboration works to enhance response and management in 17 African nations. Read More »

AfDB, Obama continue Africa energy partnership

African Development Bank Group President Akinwumi Adesina and U.S. President Barack Obama met at the 70th United Nation's General Assembly on Sept. 29 to confirm their continued partnership of bringing power to Africa. The meeting comes on the heels of President Obama's Power Africa initiative that looks to ensure that Sub-Saharan Africans have double the access to electricity. Read More »

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