New Biden-Harris Administration Program to Promote the Use of Non-Traditional Commodities in Food Assistance Programs October 30, 2024/USDA Foreign Agricultural Service The U.S. Department of Agriculture has launched the Food for Opportunity Program, or FFO, designed to expand opportunities for non-traditional U.S. commodities to qualify for various international food assistance […]
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African countries push for $25 billion replenishment of the AFD as Sudan tops up its pledge
The current $8.9 billion three-year financing cycle or the 16th replenishment, which ends in 2025, was the largest ever in the history of the African Development Fund October 29, 2024/AfDB Sudan has increased its pledged contribution to the replenishment of the African Development Fund to $3 million, its Minister for Finance […]
IMF’s Sub-Saharan Africa Regional Economic Outlook: Reform Amid Great Expectations
Growth in sub-Saharan Africa is projected at 3.6% in 2024, unchanged from 2023, with a modest increase to 4.2% in 2025 — insufficient to significantly reduce poverty or address development challenges. Macroeconomic vulnerabilities persist and inflation remains high in many countries, while elevated public debt and rising debt service costs […]
