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Finance

Angola: ATIDI Facilitates US$724 Million Boost for BITA Water Project

June 18, 2025 Steven Addamah 0

In a strategic move to advance Angola’s water infrastructure, the African Trade and Investment Development Insurance (ATIDI) has enabled, on June 17, US$724 million in financing […]

South Sudan: President Kiir Shakes up Financial Leadership

June 10, 2025 Pawla Nibramich 0

President Salva Kiir of South Sudan has dismissed on June 9 the Governor of the Bank of South Sudan, Johnny Ohisa Domian, in the midst […]

Mozambique’s External Deficit Widens

June 9, 2025 Steven Addamah 0

Mozambique experienced increasing pressure on its external accounts in 2024, with the combined current and capital account deficit widening to $2.23 billion, representing 10.1% of […]

AfDB wins top infrastructure award for Africa’s largest wind power project in Egypt

June 8, 2025 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has won the prestigious “Infrastructure Deal of the Year” award at the 2025 African Banker Awards for its leading role […]

IMF Approves New Disbursement for Central African Republic Amid Mixed Reform Progress

June 5, 2025 Geraldine Boechat 0

The Executive Board of the International Monetary Fund (IMF) has concluded the third and fourth reviews of the Extended Credit Facility (ECF) arrangement for the […]

Morocco Opens Electronic Payment Market to Foster Financial Inclusion

June 5, 2025 Khalid Al Mouahidi 0

Morocco’s Competition Council has approved groundbreaking reforms opening the electronic payment terminal (EPT) market to multiple operators starting May 1, 2025, ending the Interbank Electronic […]

South Sudan Embarks on Digital Salary Reform Amidst Infrastructure Hurdles

June 5, 2025 Pawla Nibramich 0

In a concerted effort to enhance fiscal transparency and streamline salary disbursements, South Sudan’s Ministry of Finance and Planning, in collaboration with the Bank of […]

Senegal Shifts Gears Toward Self-Reliance Through Domestic Revenue Overhaul

June 4, 2025 Geraldine Boechat 0

Facing the fiscal pressures of suspended international support, Senegal is pivoting toward a bold path of economic sovereignty by intensifying domestic tax compliance. Prime Minister […]

Congo powers ahead: World Bank commits $1bn to Inga III hydropower revival

June 4, 2025 Steven Addamah 0

The Democratic Republic of Congo (DRC) has secured a $1 billion commitment from the World Bank to jumpstart the long-stalled Grand Inga hydropower project, potentially […]

Bill Gates to donate most of his wealth to support health education in Africa

June 3, 2025 Geraldine Boechat 0

Bill Gates of Microsoft has promised to donate most of his wealth to promote health and education services across Africa over the next 20 years. […]

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News

  • El-Sisi and Lourenço Discuss African Security and Bilateral Ties at AU Summit

    July 14, 2025 0
  • Sudanese Army Reclaims Strategic North Kordofan Area Amid Ongoing Clashes with RSF

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  • Morocco Edge Senegal 1-0, Reach WAFCON Quarterfinal

    July 13, 2025 0
  • Mali’s Military Leader Assimi Goita Grants Himself Renewable Five-Year Term Without Election

    July 12, 2025 0
  • South Sudan: Catholic Bishops Call for Peace, Unity, and National Renewal

    July 11, 2025 0

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