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4 Apr 16
The African Development Bank has announced a $549m package to respond to severe drought across eastern and southern Africa.
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4 Apr 16
The fall in oil prices has “decimated” Nigerian government revenues and slashed the country’s GDP growth from 6.3% in 2014 to an estimated 2.7% last year, the International Monetary Fund has said.
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1 Apr 16
Tax revenues in some African countries have risen by up to almost 7% since 2000, making a key contribution to economic development, the OECD has found.
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1 Apr 16
The African Development Bank has approved a $228m loan to upgrade 172 kilometres of road that forms part of a trade route linking Kenya, Tanzania and South Sudan.
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31 Mar 16
The government of Sudan yesterday launched an online trading system for the country’s stock market, the Khartoum Stock Exchange, which it is hoped will strengthen the country’s financial governance...
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31 Mar 16
Liberia is on the brink of committing a “gross violation” of its international obligation under the right to education with plans to outsource the running of publicly funded schools, a United Nations...
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30 Mar 16
The World Health Organisation has announced that the Ebola outbreak in West Africa no longer constitutes an international public health emergency.
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30 Mar 16
Iraq has moved closer to winning financial support from the International Monetary Fund as its government manages to progress towards economic and fiscal targets despite ongoing challenges.
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24 Mar 16
The United Nations, World Bank and Islamic Development Bank are joining forces to raise additional finance and rally support for countries in the Middle East and North Africa (MENA).
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24 Mar 16
The Africa Tax Symposium will take place in Entebbe, Uganda, from 4-6 May, it has been announced.
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21 Mar 16
Government finances in Zambia are under “immense stress” and the economy has contracted by around 3%, prompting the International Monetary Fund to call for swift and resolute action.
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21 Mar 16
Investments to make Kenya’s forestry sector more efficient could cut greenhouse gas emissions by 27% over 2010 levels and bring economic benefits of $188m per year, the United Nations and Kenyan...
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18 Mar 16
Botswana’s public finances have slipped back into deficit for first time in three years according to the International Monetary Fund.
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18 Mar 16
Two cases of Ebola have been confirmed in Guinea, but Sierra Leone has again been given the all clear after a flare up of the disease.
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16 Mar 16
Nigeria needs to create 40-50 million more productive and higher-income jobs by 2030 to support its booming population, poverty reduction and inclusive growth, the World Bank has found.
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16 Mar 16
Zimbabwe is facing its worst malnutrition rates in 15 years with the number of hungry families doubling in the last eight months, UNICEF has warned, calling for $21m of funds to respond.
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15 Mar 16
Humanitarian funding for UNICEF’s appeal in war-torn South Sudan has collapsed, putting lives at risk, the NGO warned today.
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15 Mar 16
The European Commission has announced a further €445m in humanitarian aid for the Syria crisis in 2016 as part of its pledge to deliver over €3bn for the Syrian people this year.
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15 Mar 16
The International Monetary Fund has approved a new $1.5bn package for Kenya that can be drawn down by the country to support planned public financial management reforms.
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14 Mar 16
The way the UK’s counter-terrorism policies hamper the work of aid organisations in Syria in particular is “foolish and unfair”, two former international development secretaries...
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11 Mar 16
The United Nations Development Programme has come to a €59m funding agreement with the Global Fund to Fight AIDS, Tuberculosis and Malaria in Chad.
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10 Mar 16
South Africa’s schools were a public sector corruption hotspot in 2015, according to a national corruption watchdog.
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10 Mar 16
Zimbabwe needs to “act now” to counter economic difficulties, with fiscal belt-tightening and reengagement with the international financial community key priorities, the International Monetary Fund...
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9 Mar 16
The African Development Bank has won Green Climate Fund accreditation, meaning funds can now be channelled to the continent through the bank as an implementing agency.
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9 Mar 16
Efforts to build resilience to infectious diseases like Ebola are futile unless they also address systematic gender inequality, the African Development Bank has said.