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Tag Archives: africa

UDB posts strong growth, supports economic recovery in 2022

   Bank forecasts economic rebound in 2023 Hoima, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB), the country’s national Development Finance Institution, has announced excellent results for 2022 reflecting strong investment in various businesses across the country, improved livelihoods and heavy support towards the economic recovery and resilience of Uganda. …

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Can the West Woo Africa?

Despite America’s pledge to deliver $55 billion, the West cannot match China’s deep pockets COMMENT | Ana Palacio | The United States is finally paying attention to Africa. But recent attempts at engagement – the US-Africa Leaders Summit in December and U.S. Treasury Secretary Janet Yellen’s ten-day tour of the continent last …

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Africa should apply own solutions to own problems: Ethiopian PM

Addis Ababa, Ethiopia | Xinhua | The African continent should apply its own solutions to a wide range of problems affecting the continent, Ethiopian Prime Minister Abiy Ahmed said Saturday. Ahmed made the remarks while addressing the 36th Ordinary Session of the African Union (AU) Assembly, which is underway from Feb. 18 …

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