US growing concern over currency swaps between Africa, China

The U.S. is concerned that increased currency swap agreements between China and African nations will reduce visibility into financial transactions and will make it...

Final farewell to UN’s Kofi Annan at Ghana state funeral

AFP>>> World dignitaries laid to rest former UN secretary general Kofi Annan in his native Ghana on Thursday, with calls to keep alive the...

African Development Bank’s Board approves Policy on Non-Sovereign Operations

ABIDJAN, Ivory Coast, September 12, 2018/ --The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations...

ITFC to Implement U.S. $3 Billion Framework Agreements through two new Financing Agreements to Support Egypt’s Main Sectors

CAIRO, Egypt, September 10, 2018/ -- The International Islamic Trade Finance Corporation (ITFC) announced the signing of two new Agreements between ITFC & the...

The Secret Chinese Arms Trade in the Horn of Africa

China is actively positioning itself as a major supplier of arms to the African continent and is stepping up its shipments of weapons to...

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