IMF Managing Director Christine LaGarde tackled a number of issues as she spoke before the Nigerian National Assembly. Lagarde highlighted the nation's peaceful election, saying it was a strong sign of Nigeria’s commitment to democracy." Lagarde addressed the nation's reaction to falling oil prices, the tightening of the global economy, geopolitical tensions and faltering economies. Read More »

IMF Managing Director Christine Lagarde issued a statement following her visit to Nigeria Thursday. Lagarde noted that Nigeria makes up the largest economic block in Africa and that it has a diverse economy that is no longer reliant on oil and agriculture. Lagarde met with Nigerian Finance Minister Kemi Adeosun, Central Bank Governor Godwin Emefiele and President Muhammadu Buhari. Read More »

IMF Managing Director Christine Lagarde arrived in West Africa Monday. Lagarde will be in Africa through Jan. 9, visiting Nigeria and Cameroon to discuss IMF's partnerships with its member nations. During her time in Nigeria, Lagarde will go to the capital city of Abuja to speak with President Muhammadu Buhari, Nigerian officials, lawmakers and business owners. Read More »

The end of the Ebola pandemic in West Africa is good news, but efforts must continue to prevent another such occurrence, World Bank Group President Jim Yong Kim said this week. Read More »

As nations in West Africa recover after the Ebola pandemic of 2015, monitoring efforts continue, headed by representatives of the Government of Liberia (GoL), Canada's USG Disaster Assistance Response Team (DART), and other local and regional relief organizations. Read More »

With the completion of a fourth review by members of the International Monetary Fund's Executive Board (IMF), Liberia will receive a disbursement of $10.2 million, the board said recently. Read More »

A recent financial inclusion survey by the Consultative Group to Assist the Poor (CGAP) showed 17 percent of Ghana's and Rwanda's adult citizens use mobile money accounts. Read More »

The United States Agency for International Development (USAID) has invested $14.8 million in the Feed the Future C-4 Cotton Partnership (C4CP) Project in an effort to improve food security by boosting cotton farmers' incomes through better sustainability and partnerships, as well as improving the socio-economic status of women in Benin, Burkina Faso, Mali and Chad (the C-4 countries). Read More »

An International Monetary Fund (IMF) Article IV consultation with Benin that ended late last week revealed significant economic growth in 2015, as well as low inflation and low debt. Read More »

Following the sixth and seventh reviews of an International Monetary Fund (IMF) Extended Credit Facility (ECF) arrangement, a payment of $25.6 million will be disbursed to Guinea, the IMF said on Tuesday. Read More »

The first review by the executive board of the International Monetary Fund (IMF) of Senegal's economic performance has been completed, and it has been determined that a Policy Support Instrument (PSI) approved by the IMF in June will move forward, the IMF said on Tuesday. Read More »

With the fourth review of its three-year Extended Credit Facility (ECF) arrangement with the International Monetary Fund (IMF) completed recently, Mali will receive a payout of $5.5 million, bringing the total paid to date from the ECF to about $30 million. Read More »

A recent report by researchers from the Dubai Chamber of Commerce in the United Arab Emirates contains helpful information for UAE investors looking for economic opportunities in Africa. Read More »

With the International Monetary Fund (IMF) Executive Board's recent completion of the eighth and final review of Ivory Coast's economic performance under an Extended Credit Facility (ECF), the nation will receive a payment of $67.7 million. Read More »

The U.S. Agency for International Development (USAID)/West Africa Trade and Investment Hub (Trade Hub) held its second quarterly West African Regional Cereals Exchange on Wednesday in Ouagadougou, Burkina Faso. Read More »

After recent International Monetary Fund (IMF) reviews of Sierra Leone's economic performance as part of a three-year Extended Credit Facility arrangement with the IMF, the nation will receive a distribution of $46.1 million. Read More »

Husk Power Systems of Ghana and Nigeria was one of 13 finalists that will receive part of nearly $13 million in funding from the "Powering Agriculture: An Energy Grand Challenge for Development program," a joint program of the U.S. Agency for International Development (USAID), the governments of Sweden and Germany, the Overseas Private Investment Corporation (OPIC) and Duke Energy Corp., USAID said recently. Read More »

The ONE Africa Awards honor African civil society organizations and efforts that are in keeping with the continent's Millennium Development Goals, which are meant to stem poverty. Other finalists were the Global Shea Alliance of Ghana; Africa! Ignite of South Africa; and Community Link of Uganda. Read More »

With the recent completion of the sixth and seventh reviews of its Extended Credit Facility (ECF) arrangement by the executive board of the International Monetary Fund (IMF), Niger recently received more than $53 million in funding. This brings the total the nation has received under the economic-performance program to just more than $131 million. Read More »

The United Nations Conference on Trade and Development (UNCTAD) is hosting the 17th annual OILGASMINE Conference and Exhibition this week in Khartoum, Sudan, running through Thursday. Read More »