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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.
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20 Apr 17
The World Bank has cut its growth forecast for sub-Saharan Africa this year as the region’s key economies falter.
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20 Apr 17
Nigerian president Mohammadu Buhari has suspended two top officials implicated in a scandal over $43m in allegedly misdirected aid funds.
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19 Apr 17
A UK think-tank has urged Ghana to invest in greater economic diversity to make the most of a recent $2.2bn bond sale – the biggest single-day debt issue by a sub-Saharan African government.
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18 Apr 17
The World Bank has slashed its growth forecast for the Middle East and North Africa by almost one percentage point, as war and low oil prices batter the region’s economies.
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11 Apr 17
More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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7 Apr 17
Fitch Ratings has today downgraded South Africa’s credit rating to junk status following president Jacob Zuma’s dismissal of trusted finance minister Pravin Gordhan.
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7 Apr 17
Brexit could put Africa’s future growth at risk, Adam Elhiraika, director of the United Nations Economic Commission for Africa, has said.
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5 Apr 17
The UK has pledged almost £100m of new funding to help landmine clearance in developing countries, tripling its existing commitment in the area.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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3 Apr 17
Demonstrations demanding the ousting of South African president Jacob Zuma are expected to kick off across the country today.
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31 Mar 17
South Africa’s president Jacob Zuma has dismissed the country’s renowned finance minister Pravin Gordhan, sending the rand tumbling.
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30 Mar 17
Nigeria raised $500m via a eurobond issue yesterday, the proceeds of which will fund the country’s substantial infrastructure spending plans.
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28 Mar 17
Over 60 for-profit private schools run by Bridge International Academies in Uganda will not be closed by the country’s ministry of education, the company’s co-founder said today.
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28 Mar 17
European Union aid for Tunisia was overambitious and too lax, according to the European Court of Auditors.
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28 Mar 17
After a more than two-decade long civil war, Somalia has set off on the long path towards peace and prosperity. While the government has won praise for its public financial management reforms, it...
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23 Mar 17
A cheap, heat-resistant and effective vaccine is being hailed as a “game-changer” that could save the lives of thousands of children in sub-Saharan Africa.
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22 Mar 17
Nigeria today launched an IPSAS-compliant accounting solution to be rolled out across the country’s federal, state and local government.
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20 Mar 17
A crisis over how to pay $862.5m per month in benefits relied upon by 17 million people in South Africa has been averted by the country’s constitutional court.
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17 Mar 17
Kenya’s president took aim at “staggering” civil service salaries in the country in his state of the nation speech to parliament earlier this week.
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15 Mar 17
Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
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10 Mar 17
UK-funded aid projects to address irregular migration through the central Mediterranean are not yet effective, the country’s aid watchdog has warned.
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7 Mar 17
Public private partnerships are an important option for developing countries seeking to address their infrastructure needs. It’s vital that project teams have the skills to rise to the challenge
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6 Mar 17
Germany’s development minister Gerd Müller has unveiled a 'Marshall Plan with Africa' to help the continent respond to future economic and labour market challenges.
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6 Mar 17
Afghanistan is set to receive a further £6m from the International Monetary Fund after being judged to have made satisfactory progress on its reform plan.