Tunisia Parliament Receives $184 Million Support From The European Union

Tunisia Parliament

   In a bid to strengthen the operations of the Tunisian Assembly, representatives of the European Union (EU) have paid a visit to Tunisia to support the country with €1.63 million (about $184m). President of the French National Assembly, Claude Bartolone is in Tunisia on a two-day official working visit in the north African country, […]

Climate Change: Democratic Republic of Congo Signs Landmark $200 million Deal To Tackle Deforestation And Reduce Carbon Emissions

Forest, East province, Cameroon

 The Democratic Republic of Congo has signed a landmark $200 million deal with donors to tackle deforestation and reduce carbon emissions as part of a wider plan to protect the tropical forests of the Congo Basin. Congo, home to the world’s second-largest rainforest after the Amazon, is the first country to sign an agreement with […]

South Africa Signs Deal With Iran To Increase Investment And Non-Oil Trade To $1 Billion By 2020

South Africa and Iran

 South Africa and Iran have agreed to increase non-oil trade and investment to a billion dollars by 2020. This emerged on Sunday after talks between President Jacob Zuma and Iran’s counterpart President Hassan Rouhani. Speaking during the South Africa-Iran Business Council, President Zuma said the agreement is imperative in diversifying trade baskets in favour of […]

According To The World Bank Remittances By Africans In The Diaspora Rose To $35.2 Billion Last Year

File photo of a trader changing dollars with naira at a currency exchange store in Lagos

 The World Bank and other development partners have revealed that the total money transfers by African migrants to their region or country of origin surged by 3.4% to $35.2 billion, in 2015. The sum which includes intra-African transfers, represents 6 percent of total transfers by migrants worldwide to their region or country of origin, Ecofin […]