World Bank Grants Tunisia $430 Million to Advance Clean Energy Transition
The World Bank announced on Tuesday, November 11, that it has signed a $430 million financing agreement with Tunisia to support the country’s shift towards […]
Finance
Mozambique Pays Over $42 Million to China in Debt Service Despite Loan Relief Measures
Mozambique paid more than US$42.2 million to China in debt service over a three-month period, making Beijing its largest bilateral creditor, according to data from […]
Ghana: Government Introduces Modified Taxation Scheme to Capture Night-Market Businesses
The Government has unveiled a Modified Taxation Scheme to broaden Ghana’s tax base and promote fairness in revenue collection. Launching the initiative in Accra on […]
Mozambique Expects Economic Recovery in 2026, Driven by Gas and Mining Projects
The Bank of Mozambique projects a gradual economic rebound in 2026, supported by major investments in natural gas and mining. Governor Rogério Zandamela, speaking at […]
Zimbabwe Eyes Sharp Inflation Slowdown as Gold-Backed Currency Gains Traction
Zimbabwe is charting a promising path toward macroeconomic stability, with projections showing its annual inflation rate could halve by the end of 2025. The Confederation […]
Senegal Secures IMF Confidence as Mission Concludes in Dakar
Senegal has earned a vote of confidence from the International Monetary Fund following the conclusion of an IMF mission led by Edward Gemayel on 4 […]
IFC to Expand Local-Currency Lending to Strengthen African Investment Landscape
The International Finance Corporation announced plans on 3 November 2025 to scale up local-currency lending and direct investment across Africa, aiming to help businesses achieve […]
Nigeria Approves $2.85 Billion Foreign Borrowing Plan, Including First-Ever Sovereign Sukuk
On Wednesday, October 29, 2025, Nigeria’s Parliament has approved President Bola Tinubu’s request to secure $2.85 billion in external loans from international debt markets, marking […]
Egypt’s Informal Economy Dominates Private Sector Output-CAPMAS Report
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that the informal economy contributes over 90 percent of the country’s private sector output, […]
IMF Mission in Dakar Seeks Solutions to Restore Senegal’s Debt Sustainability
An International Monetary Fund (IMF) delegation arrived in Dakar on Wednesday, 22 October, to continue negotiations on a new financial support programme for Senegal. Led […]