The African Development Bank and the Coalition for Dialogue on Africa (CoDA) have officially launched a three-year support project to improve regional coherent and coordinated response to illicit financial flows. The project will help African stakeholders actively engaged in stemming such flows to improve domestic revenue...
The African Development Bank Group, on 9 March 2023, announces a 15-month debarment of Ogon-Asu Company Ltd. and its Chief Executive Officer, Mr. William Tuku Ogon, with effect from 24 February 2023. Ogon-Asu Company Ltd. is a construction company registered in the Federal Republic of Nigeria.
What:
Session on Scaling Up Youth-led Adaptation Technology Solutions during the 3rd Gobeshona Global Conference
Who:
by William Ruto, Akinwumi Adesina, and Patrick Verkooijen
President of Kenya; President of the African Development Bank; CEO of the Global Center on Adaptation
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Country Report No. 2023/105
Country Report No. 2023/103
Further adoption of clean energy will accelerate the transition to net zero while saving lives, boosting fiscal revenues, and promoting energy security.
“My visit to Rabat and Casablanca has been very productive. It was my first visit as the IMF’s Deputy Managing Director to Morocco, which will host this year the IMF and World Bank Annual Meetings in Marrakesh. I am grateful for the warm hospitality of the people of Morocco and look forward to a remarkably successful Annual Meetings in October. The visit was an opportunity to learn first-hand from the authorities about their excellent preparedness to host the largest IMF/World Bank gathering on their soil.
The IMF Executive Board completed the Third Reviews of the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) arrangements, enabling Cameroon to draw the equivalent of US$73 million in disbursements from the IMF. The economic recovery is underway amid increased challenges in an uncertain global environment, with growth estimated at 3.4 percent in 2022, supported by higher oil prices and non-oil production. Sustained reform implementation will be needed to create additional fiscal space for productive investment and social spending and to move toward inclusive and resilient growth.
