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7 Jul 16
The Asian Development Bank has updated its anti-corruption policy to help member countries address the methods of tax secrecy and evasion unearthed in leaks like the Panama Papers.
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7 Jul 16
European Union loans, guarantees and equity investments to member states are costly and often poorly implemented, the European Court of Auditors has concluded.
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7 Jul 16
More financial help is needed to support the millions of Syrian refugees fleeing civil war, according to the the United Nations High Commissioner for Refugees.
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6 Jul 16
Mining revenues that should have been used to alleviate poverty in the Democratic Republic of Congo have instead lined the pockets of armed groups and corrupt officials, an investigation has...
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6 Jul 16
Citizens across Zimbabwe have “shut down” the country today in response to a call to stay at home in protest against cash shortages and corruption.
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6 Jul 16
The European Commission has announced plans for further measures to clamp down on tax avoidance and secretive companies in response to the publication of the Panama Papers.
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5 Jul 16
Development impact bonds can bring new funds, improve efficiency and provide much-needed flexibility for NGOs that are looking to scale up a proven model, according to a panel discussion at the UK’s...
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5 Jul 16
European Union governments will be able to ratify a new trade deal between the EU and Canada in their national parliaments after the European Commission bowed to pressure and scrapped plans to fast-...
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5 Jul 16
Nigeria’s president Muhammadu Buhari has pledged to rebuild the troubled but oil-rich Niger Delta region and called for patience and understanding from citizens.
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5 Jul 16
More than 56 million people in Africa need humanitarian assistance, while more than 17 million are displaced across the continent, according to the African Development Bank.
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4 Jul 16
The New Development Bank and the Asian Development Bank have signed a deal to cooperate on shared priorities including sustainable and inclusive development across Asia.
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4 Jul 16
Four Japanese cities have been selected to share best practice with those in developing countries as part of a World Bank capacity-building programme.
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4 Jul 16
European Union aid for refugees in Africa may be “too expensive”, according to a report from the European Court of Auditors.
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4 Jul 16
Afghanistan looks set to secure almost half a million dollars from the International Monetary Fund after reaching an agreement with its staff.
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1 Jul 16
More than 80 countries convened in Kyoto, Japan yesterday to discuss global efforts to prevent corporate tax avoidance and evasion as part of the OECD’s BEPS project.
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1 Jul 16
Brexit has put South Africa at higher risk of recession and is likely to trigger a downgrade in the country’s credit rating, intelligence group EXX Africa has concluded.
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1 Jul 16
The World Bank has launched a new procurement framework today that aims to help countries make the most of their spending and enhance development through effective procurement practice.
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1 Jul 16
Syria’s civil war has set the country’s economic, social and human development back by decades, leaving “monumental” challenges ahead, the International Monetary Fund has concluded.
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1 Jul 16
Security, the refugee crisis and growth are the key priorities of the European Commission’s €134.9bn draft budget for 2017, presented to the European Parliament yesterday.
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29 Jun 16
Four new financing instruments aimed at driving billions of dollars for climate change mitigation and adaptation in developing countries are to be tested.
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29 Jun 16
Annual global infrastructure investment could be growing by 5% a year by 2020, despite a lacklustre commodities sector and slowing Chinese growth, finds a new report.
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28 Jun 16
The United Nations has warned of a $16.1bn funding gap in its humanitarian aid appeal that aims to alleviate the suffering of the world’s most vulnerable people.
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28 Jun 16
The leaders of France, Germany and Italy have called for Brexit negotiations to begin soon in order to avoid an impasse following the vote of the UK to leave the European Union.
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28 Jun 16
A World Bank examination of the quality of government institutions across sub-Saharan Africa has found that progress in areas like public financial management has stalled.
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28 Jun 16
The African Development Bank has identified five areas of focus that will help it accelerate Africa’s economic transformation.