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21 Nov 16
Nigeria’s economy has remained firmly in recession in the third quarter of the year, the country’s National Bureau of Statistics has announced.
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17 Nov 16
South Africa has a grand vision for healthcare: free and equitable access for all citizens. However, difficult questions over funding remain unresolved
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16 Nov 16
Christopher Nyong has been appointed to the International Public Sector Accounting Standards Board, it was announced last week.
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15 Nov 16
The International Monetary Fund has lifted a number of sanctions imposed on Zimbabwe for its unpaid arrears to the fund, although the cash-strapped country will still be unable to access new lending...
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14 Nov 16
Egypt’s economic reforms have successfully secured a $12bn loan from the International Monetary Fund.
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11 Nov 16
The instability triggered by the Arab Spring has cost countries in the region $613.8bn since 2011 and a fiscal shortfall $217.9bn greater than pre-crisis projections, the United Nations has found.
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10 Nov 16
South African president Jacob Zuma is facing his second no confidence vote of the year after a report levelled further suspicions of corruption against him last week.
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9 Nov 16
Disgruntled Mozambique bondholders have formed a creditors' committee to prepare for an expected default and resist the government’s efforts to restructure its debt.
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8 Nov 16
Morocco has invested $100m in World Bank green bonds.
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8 Nov 16
The World Bank has welcomed economic and social reforms in Egypt, which it said would help to create jobs and revitalise the country’s economy.
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4 Nov 16
Uganda’s high court has ruled that an order to close 63 schools run by a controversial, for-profit provider should go ahead.
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4 Nov 16
Sudan has raised fuel prices by around 30% as a severe shortage of foreign currency adds to a growing economic crisis in the country.
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3 Nov 16
Egypt has liberalised its exchange rate and devalued its currency by almost 50% in a bid to secure a $12bn International Monetary Fund loan to rescue the country from economy from crisis.
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3 Nov 16
The African Development Bank has approved a $600m loan in a bid to plug Nigeria’s gaping $7bn budget deficit.
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1 Nov 16
Saudi Arabia’s veteran finance minister Ibrahim al-Assaf has been sacked by the country’s King Salman after 20 years in the post.
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1 Nov 16
Humanitarian aid for refugees in Uganda increased the real incomes of host communities by up to $1,100 annually, a study by the World Food Programme has shown.
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1 Nov 16
Tanzania remains on track for 7% growth in 2016, according to a review by the International Monetary Fund, but the slow pace of a public sector reform programme could pose a risk to the economy.
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31 Oct 16
Mozambique’s bondholders have told the country its hopes to renegotiate its debts by the end of the year are “unrealistic”, according to the Financial Times.
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31 Oct 16
South Africa’s chief prosecutor has dropped fraud charges against the country’s finance minister Pravin Gordhan.
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26 Oct 16
South Africa’s National Treasury has launched the Municipal Money open local government budget data website.
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24 Oct 16
Zimbabwe has cleared its $108m arrears with the International Monetary Fund after 15 years.
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24 Oct 16
The African Development Bank has approved a $20m equity investment in the Rx Healthcare Fund (RxHF), which aims to meet growing demands for specialised but affordable healthcare services across...
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19 Oct 16
Private companies that become involved in development and aid programmes need to be made accountable to wider society and not just to their shareholders, Malawi’s finance minister has said.
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18 Oct 16
Sierra Leone is set to launch a platform that will enable citizens to report incidences of bribery in the country, the UK Foreign & Commonwealth Office announced yesterday.
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17 Oct 16
The African Development Bank has approved a loan of 570m rand to help finance affordable housing in South Africa.