Browsing Tag

billion

Erdogan guarantees EUR 2.5 billion in investments

Abiy Ahmed visited Ankara on Wednesday, August 19, where he met his Turkish counterpart Recep Tayyip Erdogan. A visit organized on the 125th anniversary of diplomatic relations between the two countries. The program of the meeting included military relations around the Tigrayan conflict but also obstacles to rebirth, economic…

Tanzania relaunches $ 10 billion port undertaking with China, India

Tanzania relaunches $ 10 billion port undertaking with China alongside Indian Ocean TANZANIA - The Tanzanian authorities has relaunched a $ 10 billion port take care of China, which is anticipated to be constructed alongside the Indian Ocean coast, and which may very well be the biggest of the Japanese and Horn areas. Africa, and maybe China's greatest funding in Africa. In 2013, Chinese…

Mastercard offers AU $ 1.3 billion dollars

The announcement was made on Tuesday in New York. This is the largest private donation for the purchase of anticovid vaccine to date. The money will be handled by the Center for Disease Control and Prevention, set up by the African Union. Less than 2% of the continent's population has received a dose of the vaccine. We are…

France lends $ 1.5 billion to Sudan

France will assist Sudan, closely indebted and dedicated to a democratic transition, settle its money owed with the Worldwide Financial Fund (IMF) by lending $ 1.5 billion, Financial system Minister Bruno Le Maire introduced on Monday, Could 17. France will work to "free Sudan from its debt burden as quickly as doable", says…

The UAE and Ethiopia signal $ 1 billion Settlement on building of street to

The UAE and Ethiopia signal $ 1 billion Settlement on building of street to Somaliland's Berbera port ADDIS ABABA, ETHIOPIA - The United Arab Emirates and the Federal Republic of Ethiopia could have shifted their consideration to Somaliland, an outlying area of Somalia, following the latest settlement to construct a serious street connecting Addis Ababa and Berbera. DP-World, a…

Tax evasion costs Africa $ 25 billion a year

Tax evasion costs Africa more than $ 25 billion a year, according to a study by a network of NGOs, including the Global Alliance for Tax Justice. At a time of the fight against the Covid-19 pandemic, this flight is considered "unacceptable", in fact it reduces the revenue that African countries could devote to their health.…

Cemac has found EUR 3.8 billion in investments for its infrastructure

EUR 3.4 billion to add to the 600 million already acquired, this is the amount that the economic and monetary community of Central African countries came to Paris to seek from potential public and private creditors, during a round table two days. Cemac received 3.8 billion. The least developed sub-region on the African…

a 22 billion euro plan to revive the economy

How to revive Senegal's economy? The issue was at the heart of a presidential council on Tuesday, September 29th. Representatives of the government, the private sector and partners from the country gathered around Macky Sall. The authorities presented a € 22.4 billion plan and defined priority sectors. "After the defense, we must go on the attack" to regain growth according to the sports formula used by the head of state. And to this the authorities have adjusted their strategy with new priorities: "Firstly: Accelerate…

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