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donors
MOGADISHU, Somalia - Somalia's parliament, armed with two chambers, has given a thumbs-up to a $1.3 billion budget, marking a high point over the years. This financial plan is set to boost various economic sectors, including funding for ongoing infrastructure projects. This approval covers both spending and income as outlined in the Appropriation Act for 2025, ensuring that many governmental departments can pursue their programs seamlessly over the next year. In a unanimous vote, MPs pushed the budget to $1.3 billion, a…
Donors and Troop Providers Anxious About Egypt’s Emerging Role in Successor to Atmis Mission
In the whirlwind of regional politics, the involvement of Egypt in Somalia's security landscape has sparked a fair amount of jitters among nations and international partners engaged in the African Union peacekeeping mission there. Egypt, flexing its military muscles, seems keen to play a pivotal role in Somalia as the African Union’s existing mandate wraps up. But oh, the plot thickens like a good mystery novel...Security wonks hint that this new player on the block—Egypt, wielding its influence by backing Somalia—has given…
Central African Republic: “I urge donors not to do that
In the Central African Republic, the counter-offensive led by the Central African Allied Forces (Faca) with its bilateral Russian ally has made it possible to retake a majority of the country's major cities. But this counter-offensive is accompanied by many issues - especially the atrocities committed against civilian populations. Several incidents, including one…
what position for other donors?
In the Central African Republic, following the announcement by France of the suspension of its budget support, the question of the location of the other partners in Bangui arises. More than half of the Central African Republic's budget comes from external resources, either budget support or project support. What do we know about the donors' intentions for the Central African Republic?…
The IMF warns donors of the risk of excessive debt in sub-Saharan Africa
The specter of excessive debt reappears for sub-Saharan Africa after the coronavirus pandemic. The International Monetary Fund has just sounded the alarm, urging donor countries to be "bold" about the debt wall that awaits Africa. Sub-Saharan Africa needs the next 3 years to revive their economies is huge. According to the IMF, it would require $ 890 billion in external funding for the countries of the region. This amount represents more than half of their total GDP. It will therefore return to massive borrowing to…
