Daily Archives: September 29, 2017

World Bank group invites SA companies to stake claim to US$45 billion projects

The Executive Director of the World Bank Group representing Angola, Nigeria and South Africa, Ms Bongi Kunene invited the South African companies to stake a claim to the US$45 billion that the group has set aside for projects in Africa. read more

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Lesotho’s vulnerability to drought will continue without increased investment in resilience, says IFRC President

Lesotho has one of the highest prevalence of HIV and AIDS in the world read more

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Wafacash and WorldRemit expand partnership to offer instant money transfers across West and Central Africa

 Morocco-based financial services company Wafacash (www.Wafacash.com) is scaling up operations with leading digital money transfer service WorldRemit (www.WorldRemit.com) to offer instant money transfers across West and Central Africa. read more

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Propak West Africa 2017 – ‘By all measures, a real success’

Propak West Africa 2017 brought together an enthusiastic packaging and print community, with exhibitors reporting high volumes of quality sales leads from senior industry representatives eager to invest.  read more

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IMF – Sudan: Results

  • Economic conditions in Sudan remain challenging in the face of persistent fiscal deficits, high inflation, and economic sanctions.
  • The economic outlook hinges on implementing bold and broad-based reforms to stabilize the economy and strengthen growth.
  • The expansion of social safety nets to support the most vulnerable and reforms to improve the business environment to engender strong, broad-based growth are critical.

A team from the International Monetary Fund (IMF) led by Daniel Kanda visited Khartoum from September 13–September 26 to hold discussions on the 2016 Article IV Consultation with Sudan. At the conclusion of the visit, Mr. Kanda issued the following statement: read more

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