Ghana and the European Union (EU) have signed two grant financing agreement totalling €92.9 million to support the budget and to prevent electoral violence in the northern border regions. A total of € 87 million out of the amount is under the Emergency EU Budget in Response to the COVID …
Read More »Rwanda Secures $160mn Grant for Job Creation
Rwanda will benefit from $160 million jointly granted by the World Bank and the European Union. The related deals were signed on Wednesday and target a skill development program in various activity sectors. $11 million will come from the EU, within the framework of a financing of $520 million agreed by the …
Read More »Recession Looms in Eurozone, GDP May Shrink by 8.7 in 2020
The European Commission lowered its GDP forecasts for 2020 and 2021, saying that the lifting of COVID-19 lockdown measures in some countries was proceeding less swiftly than it had initially predicted. The EU executive said the bloc would shrink by a record 8.7 percent this year, before rebounding by 6.1 …
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