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Finance

African Development Bank Approves €150 Million Credit Line for Moroccan Municipalities

December 12, 2025 Khalid Al Mouahidi 0

The African Development Bank Group’s Board of Directors approved Wednesday in Abidjan a €150 million credit facility for Morocco’s Municipal Equipment Fund (FEC) to finance […]

South Africa Secures R11.8bn in Landmark Infrastructure Bond to Accelerate Development

December 11, 2025 Steven Addamah 0

South Africa’s National Treasury on Tuesday, 9 December 2025, announced that it had raised R11.795 billion through the country’s first Infrastructure and Development Finance Bond, […]

Ethiopia’s Foreign Investment Projects Stall as Oversight Lapses Persist: Anti-Corruption Report

December 8, 2025 Steven Addamah 0

A recent report by Ethiopia’s Federal Anti-Corruption Commission reveals that less than 40 per cent of foreign direct investment (FDI) projects registered over the past […]

AfDB Approves Additional Debt Relief to Bolster Somalia’s Economic Recovery

December 6, 2025 Steven Addamah 0

The African Development Bank Group (AfDB) has granted nearly 18 million US dollars in additional debt relief to Somalia, according to an announcement made on […]

IMF Launches Internal Probe into Senegal’s “Hidden Debt” Case to Strengthen Data Integrity Controls

December 5, 2025 Geraldine Boechat 0

The International Monetary Fund (IMF) has initiated an internal investigation into the “hidden debt” affair that has raised serious concerns in Senegal. The institution’s Communications […]

Nigeria Tightens Cash Controls with New Withdrawal Limits to Strengthen Financial Security

December 4, 2025 Steven Addamah 0

Nigeria’s Central bank on Wednesday, 3 December, has unveiled a comprehensive overhaul of its cash management framework, introducing tighter withdrawal caps and removing charges on […]

World Bank Projects Sustained Economic Growth for Zimbabwe

December 3, 2025 Steven Addamah 0

Zimbabwe’s short-term economic prospects are strengthening, with the World Bank projecting growth to hold at 5 percent in 2026. The latest Zimbabwe Economic Update, unveiled […]

South Africa Posts R15.6bn Trade Surplus in October 2025 Amid Rising Flows

December 2, 2025 Steven Addamah 0

South Africa registered a preliminary trade surplus of R15.6 billion in October 2025, driven by exports totalling R192.2 billion against imports of R176.6 billion, according […]

African State-Owned Investors Hit Record $1 Trillion as Sovereign Wealth Funds Expand

December 2, 2025 Steven Addamah 0

African state-owned financial institutions have reached a historic milestone, now managing an estimated $1 trillion in assets, according to the latest monthly assessment by GlobalSWF. […]

Zimbabwe Unveils Ambitious Five-Year Blueprint to Accelerate Economic Transformation

November 28, 2025 Steven Addamah 0

Zimbabwean President Emmerson Mnangagwa has launched on November 27 the country’s next five-year development framework, the 2026–2030 National Development Strategy (NDS 2), designed to fast-track […]

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