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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.
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12 Aug 16
Two children have been left paralysed by polio in Nigeria’s Borno state, less than a month after the anniversary that marked two years without a case of the disease in the whole country.
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12 Aug 16
The United Nations will help Iraq root out the endemic corruption that has infected the war-torn nation’s economy and institutions, including by improving the training of auditors.
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11 Aug 16
Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
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11 Aug 16
After holding the position for more than two years, Nigeria has lost the title of Africa’s largest economy in dollar terms to South Africa, Bloomberg reported yesterday.
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10 Aug 16
A second aid official from Gaza has been charged by Israel for allegedly using his position to support Hamas.
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8 Aug 16
Eastern Africa should look to fund development using domestic savings and remittances rather than debt, foreign direct investment or aid, the United Nations has said.
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5 Aug 16
Australia has suspended its aid for global Christian charity World Vision after Israeli security forces charged one its senior officials in Gaza for feeding millions in donor funds to Hamas.
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5 Aug 16
African nations must do more to harness urbanisation to ensure the continent grows sustainability as millions more people head for its cities, according to the African Development Bank.
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3 Aug 16
The African Development Bank has approved a €6m project in South Sudan as renewed violence prompts other organisations to take flight.
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2 Aug 16
Child hunger costs Ghana some $2.6bn every year, equivalent to 6.4% of the country’s GDP, a report from the United Nations has found.
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1 Aug 16
The Tunisian parliament has overwhelmingly voted to sack the country’s prime minister Habib Essid, effectively dissolving the government.
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1 Aug 16
The United Nations has suspended its humanitarian aid missions to north-eastern Nigeria’s Borno state after a convoy was attacked last week.
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29 Jul 16
Nigeria’s ministry of works has already spent nearly a quarter of its increased budget in less than three months as part of a programme to boost capital spending, the country’s minister for power,...
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28 Jul 16
Drought-stricken nations across southern Africa have declared a regional disaster and launched a $2.4bn dollar appeal to assist millions of citizens in dire need of food aid.