The Board of Directors of the African Development Bank Group (www.AfDB.org) on Tuesday approved a $165 million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability.
Governments of 115 economies around the world launched 294 reforms over the past year to make doing business easier for their domestic private sector, paving the way for more jobs, expanded commercial activity, and higher incomes for many, according to the World Bank Group’s Doing Business 2020 study.
Vice President of India, Shri Venkaiah Naidu, has met President Dr Julius Maada Bio at State House where he announced major areas of support to Sierra Leone that will impact economic development in the immediate future.
Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, while net debt flows (gross disbursements minus principal payments) from external creditors tumbled 28 percent to $529 billion, the World Bank’s International Debt Statistics 2020 shows.
Cash crop farmers in Sierra Leone have been suffering for long with nothing to show for their years and years of labor on their farms as they continue to depend on old methods of farming.
Supermodel Naomi Campbell attended the SEED Project Hoop Forum on Wednesday to encourage female basketball players to keep working on their skills.
The OPEC Fund for International Development highest policy-making body, the Ministerial Council, held its 40th Annual Session in Vienna, Austria, and approved the general principles of OFID’s new Strategic Framework.