Guinea Bissau reduces debt by 90%

Support from ASLF helps Guinea Bissau reduce debt to Export-Import Bank of China (Exim Bank) by 90%.

The African Legal Support Facility (ALSF) assisted the Guinea Bissau Government during an outstanding debt negotiation with China’s Export-Import Bank (Exim Bank) in Singapore.

This assistance resulted to a series of  settlement and …

Read More

EARLY SIGNS OF STABILITY IN GUINEA-BISSAU GIVES HOPE FOR DEVELOPMENT

President-elect Umaro Sissoco Embaló gains parliamentary majority, which further strengthens his presidency. Parliamentarians gathered at “Palácio Colinas de Boé” which houses the National People’s Assembly to debate which political alliances have the right to govern the country.

The debates lasted a little over six hours, thereafter, parliamentarians of Guinea-Bissau

Read More

NIGER PRESIDENT NAMED NEW ECOWAS LEADER

President Issoufou to use ECO

President Issoufou plans to use ECO as a single currency after elected as ECOWAS leader

ECOWAS has elected Niger President Mahamadou Issoufou as its new leader. President Issoufou who will be in charge for a one year period has adopted ECO. This ECO will be the name for a single …

Read More

32ND AFRICAN UNION SUMMIT KICKS OFF IN ETHIOPIA

The 32ND African Union Summit for Heads of State and Government of all the 55 African countries is currently on-going in Addis Ababa, Ethiopia. 

The theme for the 32nd African Union summit is; “The Year of Refugees, Returnees and Internally Displaced Persons: Towards Durable Solutions to Forced displacement in Africa”. …

Read More

WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

What investors need to know as African countries head to polls

Before the elections commence in Africa, what do investors need to know?

Political instability which is an investors nightmare, is also one element hindering infrastructural development in Africa. Most times, especially in Africa, political unrest usually arises during election period – change in government.

Some African countries this year 2019 …

Read More

AFRICAN ECONOMIES ARE NOT COMPETITIVE – WEF 2018 REPORT

WEF 2018 report ranks African economies as least competitive

African economies rank least competitive in World Economic Forum (WEF) 2018 report .

World Economic Forum (WEF) 2018 report says various African Economies have remained uncompetitive. The reason its says is especially due to weak institutions and inadequate public policies.

In the WEF 2018 report; US Economy topped the world …

Read More