Homepage - Ecofin Agency
L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Economic information from Africa - Ecofin Agency
Feb 19, 2019 · L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
African Startups Raise $2.2bn in 2024, down 24% - Ecofin Agency
16 hours ago · For the second year in a row, funding raised by African startups has declined. East Africa remains the continent's leading region for attracting such investments. In 2024, African startups raised $2.2 billion in equity, debt, and grants (excluding bond issuances), according to data released on January 6 by Africa: The...
Finance - Ecofin Agency
L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Mozambique: US Loan for Graphite Project Blocked as Political …
2 days ago · The U.S. Development Finance Corporation (DFC) has approved a $150 million loan for Australian graphite mine owner Syrah Resources. However, the ongoing political crisis in Mozambique has halted the mine's operations, blocking part of this funding. On January 7, 2025, Syrah Resources announced that it cannot access future disbursements of...
Global Summits with Africa Fail to Align with the Continent’s ...
2 days ago · The report recommends that African countries unite their voices to negotiate from a position of strength and hold preparatory meetings with their partners to identify projects of mutual interest in advance. A recent Ecofin Pro report found that regular summits between African countries and global powers, such as China (FOCAC),...
Côte d'Ivoire secures $162mln EU financing for 2025-2027
Dec 6, 2024 · With this grant, the EU reiterates its commitment to supporting Côte d'Ivoire's development, further strengthening their strategic partnership. Over the past decade, bilateral trade grew to €9.2 billion in 2023, according to EU data. The European Union (EU) has announced a new investment of €153 million ($161.87 million) in Côte...
US Announces $1bn in Humanitarian Aid for Africa
Dec 4, 2024 · (Ecofin Agency) - In FY 2024, the United States contributed nearly $6.6 billion in humanitarian aid to sub-Saharan Africa. During his visit to Angola on December 3, President Joe Biden (pictured) announced over $1 billion in humanitarian aid to address food insecurity and urgent needs in 31 African countries. Around $823 million will be channeled through the agency to the United States Agency ...
African Debt Is Finally Stabilizing, Says IMF’s Antonio David ...
Oct 25, 2024 · IMF Africa Deputy Division Chief Antonio David notes in the October 2024 regional outlook that while African public debt is stabilizing, its cost remains a concern. In one out of four countries, debt repayments consume over 20% of tax revenues, indicating budget pressures. Ecofin Agency: For the October 2024 economic...
Senegal Reopens Eurobond, Raises $300mln for 2024 Budget
Oct 31, 2024 · The operation, fully subscribed by the American bank JP Morgan, aims to meet the financing needs of the 2024 budget following the suspension of disbursements under an IMF assistance program. Senegal has raised $300 million on the international market by reopening an earlier Eurobond issued in June to help finance...