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 transactions originated by issuing banks in Africa and confirmed by Commerzbank AG. This facility will help address critical market demand for trade finance in Africa by providing support for trade in vital economic sectors such as agribusiness and manufacturing. It will foster financial sector development, regional integration, and increase government revenue generation ultimately improving Africa’s sustainable economic growth.

ABIDJAN-The President of the Ivorian National Assembly has reacted for the first time on what appears to be the last report of the independent expert of the United Nations dated 12 April 2013.  The former prime Minister statement was maintained during a press conference he hosted in conjunction with the Head of Government, Ivorian current Prime Minister Daniel Kablan Duncan, Wednesday May 22, 2013 at the National Assembly.

As Liberia anxiously awaits the arrival of committed investors on its soil in order to enhance its human resource capacity by ably providing job opportunities to its citizens, other foreign companies are using this line to exploit the Country and its human resource development under dubious situations.