Uganda Projects Double-Digit Growth by 2026/2027 as Oil Production Takes Centre Stage
Uganda’s economy is projected to grow by 10.4 per cent by the end of the 2026/2027 financial year, a significant acceleration from an estimated 6.6 […]
Finance
World Bank Approves $150 Million to Boost Private Investment and Employment in Togo
On Monday, 15 December 2025, the World Bank Group approved US$150 million (approximately 83.7 billion FCFA) in funding to Togo, aimed at stimulating private investment […]
Côte d’Ivoire Bonds Rally After Fitch Upgrade Signals Strong Growth and Fiscal Gains
Côte d’Ivoire’s international bonds advanced on Monday, 15 December, following a credit rating upgrade by Fitch Ratings, reflecting investor confidence in the West African country’s […]
AfDB Seeks Donor Backing to Shore Up African Development Fund Amid US Funding Pullback
The African Development Bank (AfDB), on Monday, December 15, opened a donor-pledging conference in London for the replenishment of the African Development Fund (ADF), as […]
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 […]
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 […]