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21 Sep 16
Digitising taxes in Tanzania could boost the country’s revenues by half a billion dollars every year, according to a United Nations report.
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16 Sep 16
The president of Mozambique will work with the International Monetary Fund to set the terms of an international audit on the country’s public debt, the fund announced today.
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15 Sep 16
Improved public management has helped keep Tanzania on track to hit 7.2% growth in 2016, according to the governor of the country’s central bank.
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13 Sep 16
A report by two senior health academics has called on the World Health Organisation to embrace wide-ranging reform, including outsourcing some its functions, in response to mistakes made in its...
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8 Sep 16
The Nigerian government hopes to tackle the country’s first recession in more than 20 years by promoting the agriculture and solid minerals sectors in order to diversify the economy.
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8 Sep 16
Angolan finance minister Armando Manuel has been sacked from his post after presiding over a two-year economic slump triggered by the collapse in oil prices.
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7 Sep 16
South Africa has dodged a recession after figures published today show its economy grew by 3.3% in the second quarter, after shrinking by 1.2% in the first few months of 2016.
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7 Sep 16
A United Nations report has unveiled the “staggering” cost of Israel’s occupation of Palestinian territory, where the economy might otherwise be twice its current size.
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31 Aug 16
The World Bank has approved a $15m technical assistance project to help Ghana improve its public financial management, it was announced yesterday.
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31 Aug 16
A project to improve the quality of external sector statistics in Central and West Africa has been launched by the International Monetary Fund.
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31 Aug 16
The Nigerian economy has officially gone in to recession after figures published today showed a 2.06% contraction in the second quarter of 2016.
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30 Aug 16
The World Bank and the Global Fund will invest $24bn in Africa over the next three to five years in order to accelerate universal health coverage across the continent.
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24 Aug 16
The United Nations refugee agency (UNHCR) has underscored a critical shortfall in funding as it prepares for a significant anticipated displacement of people when pro-government Iraqi forces attempt...
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23 Aug 16
The global crash in commodity prices presents an opportune moment for local governments in Africa to make their areas more attractive to oil and gas investors, PricewaterhouseCoopers has said.
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23 Aug 16
The International Monetary Fund is re-evaluating Ghana’s economic performance before disbursing the next tranche of the country’s $918m financial aid programme after its parliament passed a law...
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22 Aug 16
An African monetary union is currently unfeasible due to the commodity price crash and external shocks to economies across the continent, a group of central bankers has said.
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19 Aug 16
Nigeria’s oil production is currently 640,000 barrels per day behind the amount needed to fund its record $30bn budget.
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19 Aug 16
Nigeria has long had a reputation for dishonest dealings. Last year, Muhammadu Buhari was voted back into power, promising to clean up the country in the teeth of some serious opposition. How much...
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18 Aug 16
South Sudan’s former vice president and rebel leader fled the country amid the most recent surge in violence last month, his aides have confirmed.
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18 Aug 16
Many of Zimbabwe’s local councils continue to operate budgets rejected by central government for allocating too much cash to salaries, according to an investigation by the country’s Financial Gazette...
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17 Aug 16
Around 200,000 refugees in Uganda are to have their aid halved as funding shortages and increased arrivals from South Sudan force the aid operation to focus only on those with the greatest need.
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17 Aug 16
Angola has halved its predicted growth figures for 2016 and passed a revised budget after the impact of the commodity price slump on its heavily oil-reliant economy became apparent.
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17 Aug 16
One of the largest emergency vaccination campaigns ever attempted in Africa gets underway this week in a last-ditch effort to halt an outbreak of yellow fever that it’s feared could spread across the...
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15 Aug 16
The Ugandan government is to close all schools operated by Bridge International Academies, a large and controversial provider of commercial private schools operating mainly in Africa.
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12 Aug 16
Uganda has slashed more than 5,500 ‘ghost workers’ from its civil service payroll as the country attempts to crack down on endemic graft.