Paris, France (PANA) - Proparco, a subsidiary of the French development agency (AFD) dedicated to the private sector, will contribute 30 million dollars to the Pan-African fund - AfricInvest IV - to support the development of consumer-oriented, strong and local regional businesses across Africa. "This project should contribute to the achievement [...] Full text...
- Press Review
Libreville, Gabon (PANA) - The resident representative of the International Monetary Fund (IMF) in Gabon, Marcos Poptawsky Ribeiro, revealed in Libreville on Saturday that weak competition is undermining economies in sub-Saharan Africa and that conditions must be created for a stimulating competition. The senior IMF official considers that whole swathes of [...] Full text...
Kigali, Rwanda (PANA) - Rwanda's gross domestic product (GDP) expanded 12.2 percent year on year in the second quarter of 2019 to 2,255 Billion Frw (about 2,5 Billion USD), up from 2,001 Billion Frw (2,2 Billion USD) during the same period of 2018, the National Institute of Statistics (NIS) showed [...] Full text...