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Finance

Botswana Launches Ambitious Economic Transformation Plan to Break Diamond Dependency

July 16, 2025 Steven Addamah 0

Botswana’s President Duma Boko on Tuesday, 15 July 2025, launched the Botswana Economic Transformation Program in the capital, Gaborone, calling for bold, innovative strategies to […]

Oxford Economics Projects 4.4% Inflation for Mozambique in 2025, Warns of Sharp Rise in 2026

July 15, 2025 Steven Addamah 0

British consultancy Oxford Economics forecasts Mozambique’s inflation to average 4.4% in 2025, aligning closely with the current year-on-year rise of 4.15% reported in June 2025. […]

Egypt Launches Simplified Tax System to Boost Growth and Formalisation of Small Enterprises

July 10, 2025 Khalid Al Mouahidi 0

The Egyptian Tax Authority (ETA) is ramping up efforts to raise awareness of its newly introduced tax facilities designed to support the formalisation and expansion […]

IMF Approves Ghana’s Fourth ECF Review, Unlocking $370 Million to Bolster Economic Recovery

July 9, 2025 Steven Addamah 0

The International Monetary Fund (IMF) has approved Ghana’s Fourth Review under the Extended Credit Facility (ECF) Programme, releasing a $370 million disbursement to support the […]

African currencies under pressure despite reform gains, Afreximbank warns

July 7, 2025 Steven Addamah 0

A new report by the African Export-Import Bank (Afreximbank) has revealed widespread foreign exchange (FX) challenges across Africa, with nearly half of the continent’s currencies […]

AfDB approves $139 million loan for Johannesburg Modernization

July 2, 2025 Steven Addamah 0

The African Development Bank approved a landmark $139 million loan to Johannesburg Tuesday, marking the institution’s first direct lending to a municipal entity as South […]

Senegal’s President Diomaye Faye Attends UN Conference to Champion Africa’s Economic Sovereignty

June 30, 2025 Geraldine Boechat 0

Senegalese President Bassirou Diomaye Faye is participating in the 4th International Conference on Financing for Development, held from 29 June to 2 July 2025 in […]

Nigeria Overhauls Tax System with New Laws to Ease Burden on Poor and Boost Revenue

June 27, 2025 Steven Addamah 0

President Bola Tinubu has signed on June 26 four pivotal finance bills into law, signalling a landmark reform of Nigeria’s tax regime. The newly enacted […]

Nigeria’s Revenue Hits N6.9 Trillion in Q1 Amid Reforms, Transparency Drive

June 24, 2025 Steven Addamah 0

Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Wale Edun, announced on Monday, June 23 that federal revenue rose to N6.9 trillion in […]

World Bank Applauds Mauritania’s Economic Stability Amid Slower Growth in 2024

June 20, 2025 Geraldine Boechat 0

The World Bank has commended on June 19 Mauritania for maintaining macroeconomic stability despite a slight slowdown in economic growth in 2024, which stood at […]

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