The African Development Bank Group has become the first IDI to join the shareholder base of ECOWAS' EBID, committing a $30mn equity investment and a $70mn credit line.
The World Bank warns that higher energy costs and weaker external demand stemming from the Middle East conflict are outweighing the benefits of structural reforms, stronger commodities prices
Despite the political uncertainty following the 2021 coup, the economy of Guinea, home to the world’s largest bauxite reserves, has remained relatively resilient
US State Department pauses immigrant visa processing for 75 countries from January 21 over public benefits concerns, with indefinite suspension pending reassessment of screening procedures.
Guinea’s junta leader Mamadi Doumbouya has entered the December 28 presidential race under a new constitution that allows members of the transition government to stand and extends presidential terms.