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Discussing Food Security in Ethiopia and other Poorest Nations in the Horn of Africa

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in the Horn of Africa

By Kestér Kenn Klomegâh

By geographical definition, Ethiopia is located in East Africa. It is landlocked in the Horn of Africa and shares borders with Eritrea, Djibouti and Somalia. With its long chequered history, Ethiopia is discussed from different and divergent perspectives, including its geography, politics, economy and culture. Many politicians, academic experts and researchers also look at Ethiopia’s role within the region and its external relations on the global stage.

Ethiopia has been, these several years, in the news media. In May 1998, a border dispute with Eritrea led to the Eritrean–Ethiopian War, which lasted until June 2000 and cost both countries an estimated $1 million a day. This had a negative effect on Ethiopia’s economy but strengthened the ruling coalition. In early November, Ethiopia and one of its ethnic groups, the Tigray, were desperately looking for a peace deal that sent them to South Africa.

For his efforts in ending the 20-year-long war between Ethiopia and Eritrea, Abiy Ahmed was awarded the Nobel prize for peace in 2019. After taking office in April 2018, 46-year-old Abiy released political prisoners, promised fair elections for 2019 and announced sweeping economic reforms.

With approximately 115 million population, the majority is still impoverished despite its huge land and other natural resources. Within Ethiopia is a vast highland complex of mountains and dissected plateaus divided by the Great Rift Valley, which generally runs southwest to northeast and is surrounded by lowlands, steppes, or semi-desert. There is a great diversity of terrain with wide variations in climate, soils, natural vegetation and settlement patterns.

Ethiopia has 14 major rivers flowing from its highlands, including the Nile. It has the largest water reserves in Africa. As of 2012, hydroelectric plants represented around 88.2% of the total installed electricity generating capacity. The Grand Ethiopian Renaissance Dam project, when finally completed, will provide surplus energy in Ethiopia which will be available for export to neighbouring countries.

Ethiopia is often considered the birthplace of coffee which it produces more than any other nation on the continent. Coffee provides a livelihood for close to 15 million Ethiopians, 16% of the population, and it generates $1.4 billion in revenues annually.

Ethiopian Airlines, wholly owned by the government, is the flagship of Ethiopia. It serves a network of 125 passenger destinations. It is Africa’s largest airline in terms of passengers carried, destinations served, fleet size and annual total revenue.

Addis Ababa, the prestigious capital city of Ethiopia, hosts the African Union headquarters and all foreign governments and international organizations are represented here. In contrast, Moscow, the capital of Russia, has a modern infrastructure but lacks foreign representative organizations. Moscow is not New York or Washington, and with the Russia-Ukraine crisis, most foreign organizations have exited the city.

China is the largest developing country in the world, and Africa is the continent with the largest number of developing countries. However, China is visible with its investment and financing infrastructure in Africa. In January 2012, the African Union inaugurated its new headquarters in the prestigious city of Addis Ababa, Ethiopia. The $200 million building was funded and largely built by China, even using building materials imported from China. In addition, the construction of the headquarters of the Africa Center for Disease Control and Prevention (Africa CDC) is a project undertaken and financed with $48 million by China.

In addition to the above significant points, there is currently a large Ethiopian Diaspora in the United States. There are roughly 251,000 Ethiopian immigrants and their children living in the United States. But the unofficial estimates fixed the number range upwards at 460,000, and Ethiopian bank reports indicate that close to $2.4 billion is remitted yearly from the United States to Ethiopia.

“Remittance from the Ethiopian Diaspora is critically important to the country’s foreign exchange growth,” the Commercial Bank of Ethiopia (CBE) said in its official annual report. Ethiopians residing in North America, Europe, and the Middle East are among the major remitters of foreign currency to Ethiopia. It further said that a total of US$4 billion was remitted during the entire 2020/21 fiscal year.

Ethiopia – the Poorest Nation?

The Ethiopian leadership, the government and Ethiopians wholeheartedly accept the diminutive description of their nation as the poorest in order to get regular humanitarian assistance from external donors. By classification and from Russia’s perspective, for instance, Ethiopia is one of the poorest in need of food security and urgent humanitarian assistance. President Vladimir Putin reiterated the free delivery of food to Africa’s poorest, referring to Ethiopia, Djibouti, Somalia and Sudan.

Russian Security Council deputy chairman Dmitry Medvedev and South Africa’s Deputy President David Mabuza discussed in early November, within the strict adherence to the Istanbul package agreements, to export Ukrainian grain and advance Russian foodstuffs and fertilizers to world markets, including Africa. Medvedev confirmed Russia’s readiness to provide its stock of agricultural products to African partners free of charge.

According to Turkish President Tayyip Erdogan, an agreement was reached with Russia on the supply of grain to poor countries in Africa. “First of all, the corridor will function for deliveries to the poor countries of Africa, in particular to Ethiopia, Djibouti and Sudan,” he said.

Putin consistently makes passionate arguments for a shift from western hegemony, while Russia is an alternative that could support sustainable development, especially in Africa. On the other hand, African leaders have to think seriously about how to use their huge untapped resources to improve the agricultural sector and raise agricultural production for impoverished millions.

Andrew Korybko, an American Moscow-based political analyst specializing in the relationship between the US strategy in Afro-Eurasia, wrote in an October article to One World: “As Ethiopia attempts to reduce its dependence on foreign food aid, it must first seriously consider switching suppliers in order to not remain as vulnerable to the West’s possible weaponization of this aid during the interim. Russia has become an agricultural superpower in recent years, ironically enough, largely due to its response to Western sanctions, according to President Putin during his remarks at the latest Valdai Club plenary session. It should therefore have more than enough supply to meet Ethiopia’s needs.”

According to Korybko’s analysis, the Eurasian Great Power is incomparably more politically reliable than the West, as evidenced by its support of Ethiopia during its ongoing anti-terrorist campaign in Tigray. The two countries even signed a military agreement over the summer to revive their Soviet-era strategic partnership. From the Ethiopian perspective, it would be wise to rely more on Russian wheat imports – including through possible food aid – than on Western ones while it transitions towards sustainably ensuring its food security, which will take time.

But in sharp contrast to the above, why should Africa and its leaders brace for grain imports and be struggling with rising food prices as a direct result of the Russia-Ukraine crisis? Do Africa boast of vast uncultivated land? Why could Africa not prioritize mechanized agriculture? In the national development context, and to a large extent, are not questions of neo-colonialism, imperialism or the Joe Biden administration. Ethiopia, Djibouti, Somalia and Sudan, and many others have to get back to learn the advantages of pragmatic import substitution policies in basic Economics.

The Way Forward

Beyond food assistance that is commendable, but if it is interested in sustainable food security, then Russia has to facilitate agricultural development in Africa. That compared, China has always been sharing its agricultural development experience and technology with Africa to support African countries in improving agricultural production and processing and to help them in building their agricultural value chains and trade.

Reports show that since 2012, 7,456 African trainees have received agricultural training in China. Through projects such as sending Chinese agricultural experts to Africa, more than 50,000 Africans have been trained, and 23 agricultural demonstration centres have been built. To date, China has established agricultural cooperation mechanisms with 23 African countries and regional organizations and signed 72 bilateral and multilateral agricultural cooperation agreements.

Since 2012, China has signed 31 agricultural cooperation agreements with 20 African countries and regional organizations. In 2019, the First China-Africa Agriculture Cooperation Forum was held, which announced the establishment of the China-AU Agriculture Cooperation Commission and the formulation of a program of action to promote China-Africa cooperation in agricultural modernization.

By the end of 2020, more than 200 Chinese companies had an investment stock of $1.11 billion in the agricultural sector in 35 African countries. Their investments cover areas such as planting, breeding and processing. More than 350 types of African agricultural products can be traded with China. All this ensures steady growth in China-Africa agricultural trade.

Significant to note that during a business conference held at the Atlantic Council’s Africa Center on April 22, African Development Bank Group President Dr Akinwumi Adesina, speaking as a guest of the Washington, DC, US-based think tank, called for an increased sense of urgency amid what he described as a once-in-a-century convergence of global challenges for Africa, including a looming food crisis. The continent’s most vulnerable countries have been hit hardest by conflict, climate change and the pandemic, which upended economic and development progress in Africa.

Adesina suggested that Africa must rapidly expand its production to meet food security challenges. “My basic principle is that Africa should not be begging. Some of our leaders negotiate for grains, foodstuffs and agricultural products that they can produce. We must solve our own challenges ourselves without depending on others,” he said.

In a similar argument and direction, the World Bank has also expressed worry over sub-Saharan African countries’ high expenditure on food imports that could be produced locally using their vast uncultivated lands and the devastating impact on budgets due to rising external borrowing. According to the bank, it is crucial to increase the effectiveness of current resources to expand and support local production, especially in the sectors of agriculture and industry, during this crucial period of the Russia-Ukraine crisis.

With the above facts, African leaders have to demonstrate a higher level of commitment to tackling post-pandemic challenges and the Russia-Ukraine crisis that has created global economic instability and other related severe consequences. And this requires collaborative action and a much stronger pace of transformation to cater for the needs of the over 1.3 billion population in Africa.

Conclusion

In a wider context, as I have written multiple times about food security, especially in Africa, while a few outspoken African leaders shifted blame to the Russia-Ukraine crisis, others focused on spending the state budget to import food to calm rising discontent among the population, it is necessary to redirect focus on improving local agricultural production. Some experts and international organizations have also expressed the fact that African leaders have to adopt import substitution mechanisms and use their financial resources to strengthen agricultural production systems.

Providing food assistance is commendable but will definitely not offer the needed long-term food security. External investment in Africa’s agriculture is the best way to support Africa. China is doing its best, as also some European Union members. African leaders have to continue building production capacity and look for more resilient agriculture and food systems as answers to national food requirements and needs. Some external states are readily assisting with long-term solutions.

Reports show that U.S. Congress allocated $336.5 million to bilateral programs for Sub-Saharan Africa, including Burkina Faso, the Democratic Republic of the Congo, Ethiopia, Ghana, Guinea, Kenya, Liberia, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, Somalia, South Sudan, Tanzania, Uganda, Zambia, and Zimbabwe and regional programs in southern Africa, west Africa, and the Sahel.

Also, of this $2.76 billion, USAID is programming $2 billion in emergency food security assistance over the next three months. Last August, the United States provided nearly $1 billion specifically for countries in Africa and a further $2 billion commitment to the Central African Republic, the Democratic Republic of the Congo, Ethiopia, Kenya, Mali, Mozambique, Nigeria, Somalia, South Sudan, and Uganda.

That compared, Russia’s Agro-Export Federal Center for Development of Agribusiness Exports, in close partnership collaboration with Trust Technologies and the business expert community, plans to earn (revenue) $33 billion through massive export of grains, meat, poultry and other agricultural products to Africa.

According to Interfax News Agency and TASS reports, the plan remotely aims at marginalizing local production, cutting out foreign contributions to support livelihoods through local production and making African leaders spend their hard-earned revenue on food imports instead of supporting agricultural production. The business concept report says eight African countries have already been identified and chosen as target markets for the delivery of agricultural products. These are Angola, Cameroon, Ethiopia, Ghana, Kenya, Mauritius, Nigeria, Tunisia and South Africa.

In sharp contrast to food-importing African countries, Zimbabwe has increased wheat production, especially during this crucial time of the current Russia-Ukraine crisis. This achievement was attributed to efforts in mobilizing local scientists to improve the crop’s production. Zimbabwe is an African country that has been under Western sanctions for 25 years, hindering imports of much-needed machinery and other inputs from driving agriculture, but now working towards food sufficiency in southern Africa.

Addressing food security in these changing geopolitical times should be the key in the 21st century for Africa. From the discussions above and various perspectives, African leaders have to focus, mobilize and redirect both human and financial resources toward increasing local production, the surest approach to attain sustainable food security for over 1.3 billion population in Africa, and this falls directly within the Agenda 2063 of the African Union.

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Russia-Africa Dialogue: Untapped Prospects for Economic Cooperation

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Russia-Africa Dialogue SPIEF-2026

By Kestér Kenn Klomegâh

At the St Petersburg International Economic Forum 2026, the traditional “Russia-Africa Business Dialogue”, which was initiated in 2016, will deliberate aspects of forging economic cooperation between Russia and African countries. For a decade since its creation, this platform has practically discussed most pertinent roadblocks, highlighted the economic sectors, and outlined the prospects. The significant issues have also been treated at the first and second Russia-Africa summits.

As Moscow prepares to hold the next Russia-Africa summit in October, it is quite clear that Russia has still not worked out financial mechanisms to support its investments across Africa. Generally, the federal strategy for this area has been mapped out, Russian investors understand where to invest in Africa, but lacks extremely the financial motivation and approach to integrate young people into the business environment. Other constraining factors include a lack of financial support instruments the suitable environment for experience sharing and collaboration. At the same time, there are reports that point to a broad range of factors that hinder the development of youth entrepreneurship.

Historically, Russia–Africa relations have evolved through distinct phases after phases. The latest phase began from the first Russia-Africa summit through the second, and is currently moving to the third summit in October. As part of the strategic preparations, Tanzanian President Samia Suluhu Hassan was the guest of Vladimir Putin in the Kremlin. Russia and Tanzania have had good relations, but it has been more than a century since the last state visit of a Tanzanian leader to Russia. From the historical records, Mwalimu Nyerere visited in 1969. As a result, Samia Hassan’s official working visit had a special historic significance for the bilateral relations. “We see this as a very positive sign,” noted Putin. Further to that, Samia Hassan was decorated with an honorary doctorate degree (Doctor Honoris Causa) at the Russian Peoples Friendship University, expressed gratitude for the political solidarity, and underlined Russia for the great contribution which it provided during the African political liberation in the 60s.

Tanzania’s Distinctive Profile

Sergei Kiriyenko, the Deputy Chief of Staff of the Presidential Administration who oversees the department, visited Tanzania after the November 2025 elections. In addition, Putin’s aide Yuri Ushakov called Tanzania “one of the key partners on the African continent,” recalling that it is home to approximately 70 million people. Samia’s visit to Russia is a victory for Russian diplomacy in Africa, as Tanzania is one of those allies that strengthen Moscow, says Andrey Maslov, Director of the HSE Centre for African Studies. According to the expert, cooperation is based on mutual benefit, and Tanzania does not require assistance. The country is among the continent’s economic leaders, distinguished by high growth rates, a stable political system, and a friendly attitude towards Russia. Russia’s interest in Tanzania is largely due to its geographic location and access to the Indian Ocean. The port of Dar es Salaam is considered a key transport hub in East Africa, serving transit routes to the East African Community (EAC) countries, along with the Kenyan port of Mombasa. Given Tanzania’s population, the EAC’s combined market represents over 300 million people, and the potential for expanding trade lies primarily in agricultural products, fertilisers, and basic industrial goods.

Africa’s participation at the St Petersburg 29th forum is very unique, with the majority from East and Southern Africa. The Director General of the Tanzania Investment and Special Economic Zones Authority (TISEZA), Gilead J. Teri, noted that the Tanzanian delegation has a unique opportunity to advance its agenda and strengthen bilateral relations. The forum gave a powerful boost to trade and economic cooperation. Tanzania presented its investment potential to the Russian business community. Therefore, it could be said that bilateral relations between Russia and Tanzania are flourishing and developing dynamically today.

Eastern and Southern Africa’s Dimensions

While it envisages strengthening ties in a broad range of fields, targeting the Eastern and Southern regions by utilising Tanzania as the gateway, Russia shows that the key partners in that part of Africa. Russia’s attributes for raising investment relations are clear: stability, untapped resources and human capital.

Putin’s meeting with Tanzania’s Samia Hassan, aiming at lifting up bilateral cooperation, which symbolises a new qualitative stage or a new chapter in the relations between Russia, Tanzania and the entire SADC. “Africa is an important partner for Russia, a participant in the emerging and sustainable polycentric architecture of the world order. Our relations with the states of that continent are valuable in their own right and should not be subject to the fluctuations on the international arena,” Foreign Minister Sergey Lavrov also said long time ago at the Russia-Africa civil/public gathering held in 2018, in attendance was Stergomena Lawrence Tax, who headed the Southern African Development Community (SADC).

“We are aware that our African friends hold the same views. Relying on the accumulated experience of productive cooperation, Russian diplomats seek to pursue a consistent policy for deepening the range of Russia-Africa relations,” he added. Lavrov said it is necessary to maximise the potential of public, cultural and business diplomacy in the interests of strengthening and expanding the mutually beneficial ties between Russia and African states while invariably adhering to the principle of African solutions to African problems, formulated by the Africans themselves.

Stergomena Lawrence, however, observed that Russia has not been that visible in the region as compared to China, India or Brazil. But it is encouraging that Russia has made the decision to reposition itself as a major partner with Southern Africa. She expressed gratitude that Russia has launched a plan aimed at improving direct trade with the continent/region beyond the traditional sectors like mining, seeking to invest in areas like agriculture, industrial production, high technology and transport.

The Russian Federation’s priorities are also in line with SADC priorities, as evidenced by the priorities of the Foreign Economic Strategy in the region, as indicated below:

Prospecting, mining, oil, construction and mining, purchasing gas, oil, uranium, and bauxite assets (Angola, Namibia and South Africa);

Construction of power facilities—hydroelectric power plants on the River Congo (Angola, Namibia and Zambia) and nuclear power plants (South Africa);

Creating a floating nuclear power plant, and South African participation in the international project to build a nuclear enrichment centre in Russia;

Railway Construction (Angola);

Creation of Russian trade houses for the promotion and maintenance of Russian engineering products (South Africa).

Participation of Russian companies in the privatisation of industrial assets, including those created with technical assistance from the former Soviet Union (Angola).

In the Russian Federation, 10 SADC member countries have their diplomatic offices, namely: Angola, Democratic Republic of Congo, Madagascar, Mauritius, Mozambique, Namibia, South Africa, Tanzania, Zambia and Zimbabwe.

Final Words of Wisdom

In pursuit of following Putin’s policy to strengthen ties with the Global South, including Africa, Russia has to re-strategise and take up the existing critical challenges. Despite a noticeable increase in activity, Russia’s strategy on the continent faces several persistent structural limitations that require thoughtful responses. As geopolitical changes heat up, Russia has to understand the necessity to move ahead, back away from tectonic rhetoric and symbolism of diplomacy. By 2025–2026, the African continent had firmly established itself as a key area of ​​global competition and, simultaneously, one of the most important reserves of economic growth. For Russia, this is important to change the very logic of its African ties. It is logical to walk the talk. In other words, Russia’s relations with African countries have to shift from historical rhetoric to a more practical architecture of interests.

On December 19–20, 2025, the second ministerial conference of the Russia-Africa Partnership Forum was held in Cairo, with the Roscongress Foundation acting as the operator on the Russian side. The conference was attended by the heads of the African foreign ministries and the leaders of the continent’s integration associations. That conference has been defined as a key stage in the preparations for the third Russia-Africa summit, scheduled for October 2026. As noted by Russian Foreign Ministry spokesperson Maria Zakharova, the meeting is intended to “give additional impetus to the development of the Russian-African partnership and the strengthening of its truly strategic nature.”

For Moscow, institutionalising the format is crucial given the overall transformation of global politics. And ultimately, Africa is becoming a space where external players’ ability to not only declare respect for sovereignty but also propose practical mechanisms for cooperation is being tested. Russia’s strategy is built on combining political rhetoric about multipolarity with concrete areas of cooperation—from trade to energy, and food security to personnel training and military-technical cooperation. Economic spheres and building infrastructures are important for Africa, which is ready for foreign investors with adequate funds and not just geopolitical rhetoric. It has to be noted that Africa is a space of competition between external players.

The continent is an arena of intense competition, with China, the European Union, the United States, Turkey, India, and the Gulf states all operating simultaneously, each offering its models of interaction: from large-scale infrastructure financing to military cooperation and religious and cultural influence. African states are becoming increasingly pragmatic and multi-vector—they are consistently expanding their foreign policy space, weighing the conditions, benefits, and political costs.

In such an environment, the sustainability of Russia’s presence is determined by its ability to offer a concrete and replicable set of advantages. Anti-colonial rhetoric and appeals to historical legacy remain important, but they no longer provide a long-term advantage on their own. Each competitive proposition must be backed by institutional support.

At the St. Petersburg forum, there was a genuine international community of like-minded partners practically united by a common goal: networking and developing business cooperation. “The continued participation confirms the demand for building relationships of business trust and confidence with foreign partners from different regions, including the United States, Europe, the Middle East, Latin America, Asia and Africa,” said Alexander Stuglev, Chairman of the Board and CEO of the Roscongress Foundation. The Roscongress Foundation held the 29th St Petersburg International Economic Forum (SPIEF) from 3 to 6 June 2026.

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CANAL+ Eyes MultiChoice Turnaround as Stocks Debut on JSE

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CANAL+ JSE

By Adedapo Adesanya

CANAL+ has expressed confidence in its ability to turn around the fortunes of struggling broadcaster MultiChoice as it marks a milestone by becoming the first French company listed on the Johannesburg Stock Exchange (JSE).

The secondary listing of CANAL+ signals strong international confidence in South Africa’s capital markets and reinforces the JSE’s role as a conduit between global capital and African growth opportunities, it said in a statement.

CANAL+ enhances the JSE’s sectoral diversity and provides local investors with direct, rand-denominated exposure to a globally diversified media and entertainment business with a significant African footprint. CANAL+ listed on the London Stock Exchange in December 2024.

The group’s listing on the JSE aligns with its long-term strategy to expand its presence in high-growth markets, particularly in sub-Saharan Africa, where rising connectivity, a young and growing population (expected to increase by 800 million by 2050), strong GDP growth (4.5 per cent growth expected between 2026 and 2030) and accelerating demand for content and connectivity continue to drive sector growth.

The JSE listing will increase CANAL+ liquidity and enable African investors to benefit from CANAL+ growth.

According to Mr Maxime Saada, CEO of CANAL+ said, “Joining the Johannesburg Stock Exchange is a statement of our ambition and illustrates our belief in Africa’s future and its creative industry.

“We are proud to become the first French company ever to list in Johannesburg and the only global media and entertainment company listed on the exchange.

“Following our listing on the London Stock Exchange 18 months ago, this dual listing reinforces our ambition to be a bridge between Europe and Africa and anchors our dual-continental approach, consolidating our unique position in the global media and entertainment industry,” he said.

He noted that CANAL+ serves more than 40 million subscribers and generates €9bn in annual revenue.

“Africa will be our growth engine for years to come, and we are dedicated to creating value on the continent and sharing it with our African partners, investors and the creative community. By welcoming African investors, we deepen our roots, diversify our investor base and lay the foundation for the next phase of our growth.”

Commenting on the listing, Ms Valdene Reddy, Group CEO of the JSE, said, “We are proud to welcome CANAL+ to the JSE and to mark the first listing of a French company on our exchange.

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AfDB President Sees More African Nations Regaining Investment-Grade Ratings

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Sidi Ould Tah

By Adedapo Adesanya

The President of the African Development Bank (AfDB), Mr Sidi Ould Tah, says more African countries are likely to regain or achieve investment-grade credit ratings by next year as reforms begin to deliver results and economic growth accelerates.

Several African sovereigns have already been upgraded in recent months, including Nigeria. However, Nigeria is not yet near investment-grade status.

In May, S&P Global Ratings upgraded Nigeria’s sovereign credit ratings to ‘B’ with a stable outlook, citing structural reforms under President Bola Tinubu and key drivers like higher oil production and improved fiscal revenue.

The country is still five notches from investment-grade. Under S&P’s rating scale, the progression follows— B → B+ → BB- → BB → BB+ → BBB- (investment grade).

S&P raised Morocco to investment grade last year and increased South Africa by one level to BB in November. Ghana, Zambia, the Ivory Coast and Kenya have also benefited from positive rating action linked to fiscal, debt and economic reforms.

“We’re quite confident that the continent will continue to grow very strongly and that African countries will be better rated in the coming years,” Mr Ould Tah said in an interview with Bloomberg.

“We’ve seen Morocco receive investment grade during the last few months, and we expect other countries by next year to get toward that,” he added.

The outlook reflects improving fiscal positions and reforms implemented across countries on the continent, even as the conflict in the Middle East threatens to slow economic growth and raise costs for energy-importing nations. Better credit ratings can help countries borrow at lower rates and fund development projects.

The AfDB projects the continent’s gross domestic product expansion will accelerate to 4.4 per cent next year, if the conflict in the Middle East does not extend for a longer period. It expects the continent to slow to 4.2 per cent this year.

The war in Iran has benefited oil producers such as Nigeria, Angola and Gabon, while exerting pressure on the fiscal positions of net energy importers such as South Africa, Kenya, Ghana and Senegal.

Mr Ould Tah said the bank is ready to support countries facing budget constraints and high debt burdens due to the impact of the Iran crisis, including increasing credit lines to them.

“The board of directors of the bank will examine in the coming days how the bank can increase the volume of resources it will provide to its member countries in this specific situation,” he said.

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