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development

Angola Approves Presidential Authority to Introduce Special Tourism Levy for International Visitors

February 27, 2026 Steven Addamah 0

In a decisive move to bolster Angola’s tourism financing structure, the National Assembly unanimously endorsed on Thursday a legislative authorisation empowering the President of the […]

Africa Urged to Unlock Domestic Capital and Reform Extractive Models to Bridge Financing Gap

February 17, 2026 Steven Addamah 0

Africa continues to grapple with a widening infrastructure financing gap and loses billions of dollars annually to financial fraud, even as the continent holds more […]

Mozambique and BADEA Launch New Phase of Climate and Social Development Financing

February 16, 2026 Steven Addamah 0

President Daniel Chapo of Mozambique met in Addis Ababa over the week-end with Abdullah Almusaibeeh, President of the Arab Bank for Economic Development in Africa […]

Ethiopia Rejects Trump Claim That US Financed Grand Ethiopian Renaissance Dam

February 4, 2026 Steven Addamah 0

In a robust rebuttal delivered to lawmakers on Tuesday, Ethiopian Prime Minister Abiy Ahmed dismissed assertions by former U.S. President Donald Trump that the United […]

Egypt–Libya–Chad Corridor as Strategic Backbone of African Economic Integration

February 2, 2026 Steven Addamah 0

Egypt’s Foreign Minister, Badr Abdelatty, has reaffirmed that economic integration and development remain at the heart of Egypt’s Africa policy, describing the Egypt–Libya–Chad corridor as […]

South Africa: Ramaphosa Urges Investment and Infrastructure as Key to Sustained Economic Growth

January 28, 2026 Steven Addamah 0

President Cyril Ramaphosa has called for renewed focus on investment and infrastructure development to consolidate South Africa’s recent economic gains and ensure inclusive, long-term growth. […]

FIFA Forward: Over $1.2 Bln Invested in African Football Promotion Since 2016

January 11, 2026 Khalid Al Mouahidi 0

FIFA Forward has invested more than $1.2 billion in the development of football across Africa since 2016, officials from the world governing body announced on […]

South Africa Secures R11.8bn in Landmark Infrastructure Bond to Accelerate Development

December 11, 2025 Steven Addamah 0

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, […]

Zambia Moves to Cement Free Education Policy in Law

December 3, 2025 Steven Addamah 0

Zambia is advancing a decisive legislative push to secure free education for all children, with the Government preparing amendments to enshrine the policy in national […]

African State-Owned Investors Hit Record $1 Trillion as Sovereign Wealth Funds Expand

December 2, 2025 Steven Addamah 0

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. […]

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