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5 Jun 17
South Africa has avoided further damaging downgrades from ratings agencies in the past week, but continuing political turmoil remains a risk.
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30 May 17
Read the October 2016 special edition of PFI Magazine
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26 May 17
A climate risk insurance instrument backed by a number of global institutions failed Malawi when the country most needed it, ActionAid has said.
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24 May 17
African nations are subsiding countries far richer than they, research by a group of development charities has found.
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23 May 17
The African Development Bank’s group president has made an economic case for investment in action against malnutrition.
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19 May 17
The International Monetary Fund has lifted its growth forecast for South Africa to 1% as two factors weighing on the economy – drought and depressed commodity prices – dissipate.
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19 May 17
More innovative approaches could be key to tackling the scourge of corruption in Nigeria, a report by Chatham House has concluded.
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18 May 17
Saudi Arabia could slow down its efforts to balance the budget, but still needs a substantial programme of tax increases and spending cuts in the long run, the International Monetary Fund has said.
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17 May 17
Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
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16 May 17
The International Monetary Fund has urged Zimbabwe to rein in its spending to bring its ballooning deficit back down to a sustainable level.
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15 May 17
China has pledged to spend over $120bn in support of its ambitious development plan centred on building trade and connectivity infrastructure across Asia, Africa and Europe.
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12 May 17
Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
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10 May 17
The US has suspended $21m in aid to Kenya’s Ministry of Health due to concerns over “weak accounting procedures”.
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10 May 17
Sub-Saharan African governments’ sluggishness in getting their public finances back on track has hit growth, the International Monetary Fund has said, trimming its 2017 forecast for the region to 2.6...
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5 May 17
The World Bank is to resume aid payments directly into Malawi’s budget, becoming the second donor to end an aid freeze to the country following high-level corruption revelations in 2013.
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5 May 17
One in four African children will attend private schools by 2021, according to research by consultancy firm Caerus Capital.
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4 May 17
African governments must embrace the digital technologies that have the potential to transform the continent’s economies and public services, according to accountancy firm EY.
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4 May 17
Oxfam has challenged African governments to build a “more human” economy that does not lock the majority of the continent’s population out of economic gains.
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2 May 17
Tanzania’s president has sacked almost 1,000 civil servants and ordered their salaries for April to be withheld with immediate effect after they were found to have forged school and university...
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2 May 17
The fourth African Congress of Accountants (ACOA) opened in Kampala, Uganda today, with a focus on transforming Africa’s economies through improved accountancy and accountability.
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2 May 17
Countries in the Middle East and North Africa region will need to push ahead with economic reforms to improve growth, according to the International Monetary Fund.
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2 May 17
Mozambique is to benefit from $1.7bn in World Bank funds until 2021 under a new programme that will initially concentrate on tackling the consequences of the country’s hidden borrowing.
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26 Apr 17
Governments have raised almost $1.1bn for war-torn Yemen, where nearly two-thirds of the population – around 19 million people – are in need of aid.
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25 Apr 17
The African Development Bank will need more funding soon, its president has warned at an event in Washington DC.
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24 Apr 17
The king of Saudi Arabia has reinstated generous benefits for civil servants by royal decree to allay potential discontent in the country.