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2 Nov 17
The African Development Bank has approved €48m from the African Development Fund for reconstruction of the border road from Guinea to Sierra Leone.
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31 Oct 17
Oil-dependent countries should diversify their economies and capitalise on global growth to ensure stronger public finances, the International Monetary Fund has said today.
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30 Oct 17
Equatorial Guinea’s vice-president was convicted in the High Court of Paris last week of plundering public money to lead a lavish lifestyle in the European city.
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26 Oct 17
South Africa’s growth outlook for this year has been slashed from 1.3% to 0.7% , the country’s finance minister has announced.
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26 Oct 17
Thailand’s military government set aside 3bn baht ($90m/£70m) for the funeral of the late king, which took place this week
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25 Oct 17
Saudi Arabia has announced a $500bn plan for a new business and industrial city stretching across its borders into Jordan and Egypt.
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24 Oct 17
Ghana’s public authorities will replace their financial management systems to tackle issues of transparency and ensuring good governance, the finance minister has said.
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23 Oct 17
The European Commission has announced a €106m humanitarian aid package for Sudan as civil unrest continues in the country.
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19 Oct 17
Technology is the “way forward” in the fight against corruption in Africa, the president of Mauritius has said.
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19 Oct 17
South Africa’s currency weakened shortly after the president announced on Tuesday another surprise cabinet reshuffle.
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18 Oct 17
Stronger public financial management is key if the Guinea government is to better support its investments, the IMF has said.
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12 Oct 17
Tax and revenue collection has continued to improve across African countries, according to latest data.
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11 Oct 17
Saudi Arabia’s authorities have made progress in implementing its Vision 2030 project, with fiscal consolidation efforts “beginning to bear fruit”, the IMF has said.
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4 Oct 17
Côte d’Ivoire’s fiscal deficit is expected to decrease to 3.75% of GDP next year as its economic performance remains strong, despite the falling cacao prices, according to the IMF.
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2 Oct 17
The World Health Organisation is appealing for $1.5m as it increases its response to an outbreak of plague in Madagascar.
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2 Oct 17
The United Arab Emirates’ new excise tax came into effect yesterday, with tobacco and energy drinks taxed at 100% and soft drinks at 50%.
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29 Sep 17
Saudi Arabia has raised $12.5bn from its third international bond sale this year to bridge a budget shortfall and weak oil prices.
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29 Sep 17
South Africa’s finance minister has said he won’t “dip into pensions” to bail out struggling state-owned companies, despite reports suggesting the treasury is seeking $7.50bn...
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29 Sep 17
The Egyptian government’s attempt to restore economic stability and higher long-term growth is off to a “good start”, the International Monetary Fund has said.
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27 Sep 17
Problems at a mine have highlighted issues with the European Investment Bank’s accountability – and this is set to be weakened further
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26 Sep 17
In political turmoil and with an impoverished economy, Zimbabwe has struggled to feed its own people since 2000 and faced heavy sanctions from the EU and US. CIPFA fellow David Watkins led an...
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19 Sep 17
Egypt will face a $10-12bn budget shortfall for the current 2017-18 fiscal year and plans to issue further foreign debt to overcome it, the country’s finance minister has said.
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18 Sep 17
Millions of US dollars of aid money for the education of Syrian refugee children did not reach them, arrived late, or could not be traced, Human Rights Watch has said.
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14 Sep 17
Africa is receiving a declining share of the global official development assistance, advocacy and campaign organisation ONE says.
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13 Sep 17
The International Committee of the Red Cross has set up the world’s first humanitarian impact bond, worth more than 26m Swiss francs (£20m), for rehabilitation centres in Africa.