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14 Oct 16
The Kingdom of Morocco is pioneering a development plan that emphasises decentralisation and local decision-making. This brings with it challenges, not least around funding, but could be a relevant...
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12 Oct 16
South African finance minister Pravin Gordhan has been summoned to court on fraud charges, sending the rand into a tailspin and sparking fresh unease around the political situation in Africa’s most...
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10 Oct 16
The International Monetary Fund has slashed its budget deficit projections for oil-exporting countries in the Middle East and North Africa over the next five years, by over $230bn.
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6 Oct 16
A widely criticised private school provider has come under yet more fire today as teachers’ unions have slammed its methods and called for its closure.
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5 Oct 16
Nigerian president Mohammadu Buhari is planning to outdo his government’s record 2016 spending next year, according to budget proposals sent to the country’s parliament for approval.
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4 Oct 16
Governance in Africa has barely improved in the last decade as worrying declines in safety and the rule of law hold back progress, according to the authoritative Ibrahim Index of African Governance.
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3 Oct 16
The process of designing the world’s first multi-country development impact bond is to get under way with the intention of improving the lives of Syrian refugees who have been dispersed in the Middle...
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27 Sep 16
The African Development Bank is preparing to throw the Nigerian government a $1bn lifeline to help plug the substantial government deficit amid the country’s first recession in 20 years.
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27 Sep 16
Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.
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26 Sep 16
Nigeria has hunted down 700,000 tax-cheating firms and expects to identify 10 million non-tax paying individuals and make them pay up by December, the country’s tax chief has said.
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22 Sep 16
Iraq’s parliament has voted to sack the country’s finance minister after he was questioned over corruption allegations last month.
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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.