April 1, 2016/AfDB The African Development Bank (AfDB) Group President, Akinwumi Adesina, announced Friday a relief package of US $549 million in support of 14 countries most affected by the ongoing drought in Eastern and Southern Africa. The AfDB acknowledged the severe impact of the El Niño weather pattern that is […]
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AfDB scouts for viable energy models for power-starved Africa
April 1, 2016/AfDB A major preoccupation of the just-concluded visit to Asia by an African Development Bank team led by its President, Akinwumi Adesina, was the search for an efficient energy system that can be easily adapted in some of the most energy-starved African countries. Energy is at the top […]
Greece Debt: IMF Reacts to WikiLeaks Covergage
April 2, 2016/IMF In case someone has not seen it yet, the IMF made the following comment overnight in reaction to the Wikileaks coverage. It can be attributed to an IMF spokesperson: “We do not comment on leaks or supposed reports of internal discussions. We have stated clearly what we think […]
