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 »

In an effort to close funding gaps, the government of Nigeria plans to raise money in 2016 for its Joint Venture (JV) cash calls between the Nigerian National Petroleum Co. (NNPC) and other international oil companies in Nigeria through agreements with international investors and organizations in the private sector. Read More »

Years of unrest and evolution in the West African nation of Guinea-Bissau were major topics of discussion at the recent 556th meeting of the Peace and Security Council (PSC) of the African Union (AU). Read More »

Merck & Co., a global leader in the pharmaceutical industry, is looking to gain a larger presence over the next five years across the African continent. Read More »

As COP21, the sixth annual United Nations Climate Change Conference, continued in Paris this week, African government officials took the opportunity to discuss ideas and their vision for meeting the continent's growing needs for more energy sources. 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 »

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 »

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 »

Jibril Aku, Ecobank Nigeria Limited's managing director, will step down from that post and begin working in another senior role at the bank in early 2016, Ecobank Nigeria said recently. 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 »

Yves-Louis Darricarrère has been appointed to Kosmos Energy's board of directors, Kosmos said recently. Read More »

Auto company Ford recently expanded use of its OpenXC sensor technology -- which has been available in its cars and trucks -- to motorcycles in an effort to help people in West Africa receive better access to health care. Read More »

Yves Rossier, Switzerland's state secretary of the Federal Department of Foreign Affairs (FDFA), recently traveled to Niger for a three-day visit, during which he met with a number of government officials and discussed several matters pertaining to the nation's economy and security. 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 »

The first Burger King restaurant in Ivory Coast opened recently at the new CFAO PlaYce Marcory Shopping Mall, which opened late last week in Abidjan. Read More »

During the fourth session of the Ministerial Follow-Up Committee of the Permanent Framework for Integrated Water Resources Management (IWRM) Coordination and Monitoring in West Africa, held recently in Dakar, Senegal, Economic Community of West African States (ECOWAS) members overseeing the water sector asked that more funding be put in place to protect the continent's water resources and build its water infrastructure. 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 »

Three Nigerian youths are among 60 in the British Commonwealth who recently were named recipients of the Queen’s Young Leaders Award. Read More »

Throughout Africa, approximately 600 million people have no access to electric power. Read More »

The Training Workshop on Trade in Services Negotiations for AU-CFTA Negotiators ended late last week in Dakar, Senegal. Read More »