IMF Executive Board Concludes the 2013 Article IV Consultation with Libya
On May 17, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Libya.1
Background
The political situation is normalizing, but the government lacks control over parts of the country. While the new government brings together various interest groups, it continues to face…
AfDB Approves a USD 20 Million Trade Finance Line of Credit for UT Bank Ghana to Support SMEs and Local Corporates
The Board of Directors of the African Development Bank (AfDB) (http://www.afdb.org) approved on Tuesday, May 22 a USD 20 million Trade Finance Line of Credit for UT Bank Ghana (UT Bank) to support the trade finance activities of Small and Medium Enterprises (SMEs) and local corporates in…
AfDB Approves a USD 100 million Risk Participation Agreement with Commerzbank AG to Boost Trade Finance in Africa
The Board of Directors of the African Development Bank (AfDB) (http://www.afdb.org) approved on Tuesday, May 22, a USD 100 million unfunded Risk Participation Agreement (RPA) between the AfDB and Commerzbank AG under which the two banks will share the default risk on a portfolio of qualifying trade…
Democratic Republic of Congo: Displaced People Caught up in Fighting West of Goma
Fighting with heavy weapons between the Congolese army (FARDC) and the rebel group M23 to the west of the provincial capital…
Police Surround News Outlets Amid Media Crackdown in Uganda
Ugandan police surrounded the Kampala offices of two private newspapers for seven hours on Monday, barring access to the premises, disabling…
EACJ Dismisses Case Challenging Summit Directives, Says Denial of Kenyan Citizen Entry into Uganda Unlawful
The EACJ wound up its second month-long session Friday with the First Instance Division dismissing a case by a Tanzanian citizen…
Prince Taylor Appeal Denied for Late Filing; Judges Rule Appeal Not Properly Before the Chamber
A three-member panel of the Appeals Chamber today dismissed an appeal by convicted former Special Court defence investigator Prince Taylor against…