Tag: ECOWAS
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New Financing to Support 900,000 Farmers and Road Users for Economic Transformation in Liberia
WASHINGTON, December 22, 2023 β The World Bank Board has approved a Second Additional Financing for the Rural Economic Transformation Project (RETRAP-AF II). This financing is funded by an International Development Association (IDA)* credit of US$76 million from its Scale-Up Window (SUW) and $9 million grant from the KfW Development Bank through the Liberia Reconstruction Trust…
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Three West African Nations Withdraw from ECOWAS, Citing “Inhumane” Sanctions
In a surprise move that sent shockwaves through the region, Mali, Burkina Faso, and Niger announced their immediate withdrawal from the Economic Community of West African States (ECOWAS) on January 28th, 2024. This unprecedented decision followed months of tensions with the regional bloc, stemming from the military coups that brought the current governments to power…
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African startups secure new UNDP aid
Ecofin Agency) – The United Nations Development Program (UNDP) has joined forces with African nations to develop an innovative fund named “Timbuktoo”. This tool is aimed at bolstering the African startup ecosystem and supporting the growth of high-potential enterprises across the continent. According to an official UNDP statement, the $1 billion fund will raise both…
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The Ghanaian government abruptly canceled the major Pan-African convention just hours before thousands of anticipated guests.
The Ghanaian government abruptly canceled the major Pan-African convention just hours before thousands of anticipated guests, including renowned figures such as Professor P. L. O. Lumumba, Julius Malema, Dr. Arikana Chihombori-Quao, and Peter Obi, were set to gather. These individuals are indisputably pivotal figures in the movement for the advancement of Africa and Pan-Africanism. Regrettably,…
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