Homepage - Ecofin Agency
L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Economic information from Africa - Ecofin Agency
Feb 19, 2019 · L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Senegal Reopens Eurobond, Raises $300mln for 2024 Budget
Oct 31, 2024 · The operation, fully subscribed by the American bank JP Morgan, aims to meet the financing needs of the 2024 budget following the suspension of disbursements under an IMF assistance program. Senegal has raised $300 million on the international market by reopening an earlier Eurobond issued in June to help finance...
American Investors Renew Interest in Africa's Mining Sector
1 day ago · Billionaires like Bill Gates and Jeff Bezos, along with fund managers Cinctive and BlackRock, are increasing their investments in Africa's mining sector. They are backing Washington's push for critical minerals. KoBold Metals recently raised $537 million to explore copper in Zambia. This funding, supported by tech moguls and billionaires Bill...
Bauxite: In Guinea, Government Pressure Leads to New Alumina …
1 day ago · Yearly, Guinea exports over 100 million tons of bauxite. However, the country has only one alumina refinery; alumina is necessary to produce aluminum. Since 2022, the government led by Mamadi Doumbouya has been pressuring mining companies to process bauxite locally. In December 2024, Guinea signed a deal with China's State...
Rwanda Aims to Surpass $819mln in Digital FDI by 2035
1 day ago · Digital technology is now at the heart of many development challenges across Africa. Several ambitious projects aim to boost millions of people's economic and social growth. However, challenges remain depending on the country. Between 2013 and 2023, Rwanda attracted $819 million in foreign direct investments (FDI) in the digital sector,...
US Announces $1bn in Humanitarian Aid for Africa
Dec 4, 2024 · (Ecofin Agency) - In FY 2024, the United States contributed nearly $6.6 billion in humanitarian aid to sub-Saharan Africa. During his visit to Angola on December 3, President Joe Biden (pictured) announced over $1 billion in humanitarian aid to address food insecurity and urgent needs in 31 African countries. Around $823 million will be channeled through the agency to the United States Agency ...
Finance - Ecofin Agency
L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
DRC Plans $1.5bn Investment in 2024 to Boost Self-Funding
Jul 18, 2024 · The Democratic Republic of Congo (DRC) aims to invest 4202.4 billion Congolese francs ($1.5 billion) from its own funds in 2024. This move is part of a broader effort to reduce reliance on foreign investments, particularly in key sectors such as education and healthcare. The government plans to contribute more...
Benin Set to Receive $95mln from IMF After Reform Review
Oct 21, 2024 · Since July 2022, Benin has been receiving support from the IMF through a combined agreement under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF), along with funding from the Resilience and Sustainability Facility. An IMF team visited Cotonou from October 8 to 17, 2024, to check on...