Côte d'Ivoire: Singrobo-Ahouaty, West Africa’s first private sector-financed hydropower plant to supply electricity to 100,000 households and...

Three years after construction began, the Singrobo-Ahouaty hydropower plant project, located some 150 km north of Abidjan, achieved a completion rate of 78.93% as of end-March 2023. This project, which is symbolic of private sector mobilization for climate and green growth, is the first private sector-funded...

African Development Bank, ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa

The African Development Bank and ILX Management B.V. (ILX) today signed a partnership agreement to scale up investments and spur institutional investor capital mobilization for Sustainable Development Goals and climate-focussed private sector projects in the Bank Group’s regional member countries.

Jordan — Financial Sector Assessment Program and Financial System Stability Assessment

Jordan’s financial sector, dominated by banks, has withstood several large external shocks (Global Financial Crisis, Arab Spring, war in Syria and influx of refugees, and COVID-19) since the latest FSAP that was conducted in 2008-09 in part thanks to measures implemented by the authorities to enhance the system’s resilience and oversight. At the current juncture, global growth headwinds, high energy and food prices, and higher interest rates are putting pressure on corporate and household sector balance sheets.

IMF Reaches Staff-Level Agreement with the Republic of Kosovo on a Stand-By Arrangement (SBA) and a Resilience and Sustainability Facility (RSF)

An IMF mission led by Mr. Gabriel Di Bella visited Pristina during March 8-24; and held follow-up virtual and in-person meetings during March 27-April 14, to discuss macroeconomic policies, the energy sector, the reform agenda, climate change mitigation and adaptation policies, and possible IMF support.