Ethiopia will receive a $4.8 million grant from Japan, following an agreement signed between both countries aimed at enhancing road operations and maintenance. The pact was signed by Ethiopia’s Minister of Finance Yasmin Wohabrebbi and Japanese Ambassador to Ethiopia Ito Takako. According to Yasmin, due to the rapid urbanization and increase in the number of…
Ghana will procure 17.6 million doses of COVID-19 vaccines by the end of June with the first doses slated to arrive in March, President Nana Akufo-Addo announced on Sunday. The West African nation is battling a second wave of the coronavirus that has swept through the continent and mutated. Ghana’s daily infection rate is rising…
The International Monetary Fund (IMF) has agreed to provide Chad with $560 million to support its economy under the extended credit facility and extended fund facility, pending a final approval. The financing will support Chad’s economic recovery at a time the Central African country is battling the effects of the COVID-19 pandemic and heightened terrorism…
Zimbabwe’s government has allocated $100 million to acquire COVID-19 vaccine shots, though the plan awaits recommendation from local scientists on which type to buy, a state-owned newspaper reported on Sunday. The southern African nation has been grappling with an economic crisis that was in place before the pandemic began, and acute shortages of foreign exchange…