Angola Targets Exit from FATF Grey List by 2026
The Angolan Government, on Thursday 11 December, has announced intensified efforts to ensure the country is removed from the Financial Action Task Force (FATF) grey […]
Finance
African Development Bank Approves €150 Million Credit Line for Moroccan Municipalities
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
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
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
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
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
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
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
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
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. […]