grant

The African Development Bank Group (AfDB) has greenlit a $6.6 million grant to assist Somalia’s Federal Government (FGS) in bolstering state capacity, aiming to construct a robust financial framework to foster inclusive and fair growth. The Somalia Financial Sector Development Project is set to hone the capabilities of financial entities, such as the Central Bank of Somalia, the Somalia Development and Reconstruction Bank, and the Financial Reporting Center (FRC). The project focuses on efficient credit delivery,…

In an open letter to Kristalina Georgiva, Executive Director of the IMF, 19 women, political and civil society figures in Cameroon ask the financial institution not to grant a new loan to the state without all the transparency and openness. so-called "Covidgate" cases. A report by the Supreme Court of Cameroon, dated March last…