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4 Apr 23
The struggling South African state-owned power company Eskom will not have to disclose irregular spending in its annual financial statements, because the government fears the negative impact of...
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4 Apr 23
Social unrest caused by controversial judicial reforms could knock off more than half of the Israeli economy’s growth in the coming years, the nation’s central bank has warned.
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21 Mar 23
The devastation caused by last month’s earthquakes in Turkey have led the European Union lending arm to override its years-long ban on providing finance to the country.
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16 Mar 23
The Nigerian government has launched a $670m fund to help young tech entrepreneurs who face difficulty accessing finance – a longstanding barrier to the country’s digital sector.
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10 Mar 23
Tunisia is facing a fresh crisis over in both politics and finances.
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28 Feb 23
Earthquakes that devastated Turkey caused at least $34bn of damage to infrastructure, and billions more might be needed for the country to fully recover, the World Bank has said.
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21 Feb 23
Public disagreement between Israeli politicians and the country’s central bank have led to the finance minister speaking out against “populist” threats to the bank’s independence.
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16 Feb 23
Donations from European nations have ended a three-decade long battle to clear Somalia’s debt arrears with a United Nations development group, paving the way for new support.
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8 Feb 23
Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
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7 Feb 23
Rescue and aid efforts have been mobilised in Turkey and Syria following devastating earthquakes.
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30 Jan 23
The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
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24 Jan 23
The Ghanaian government’s auditor general has criticised how departments spent, and managed billions of cedi allocated to fund the Covid-19 response.
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24 Jan 23
The restructuring of the Zambian government’s debt is key to progressing welfare and education reforms, and ensuring financial sustainability, senior finance figures have said.
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20 Jan 23
To meet borrowing needs, the Egyptian government will have tough decisions to make following the approval of a $3bn International Monetary Fund loan.
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19 Jan 23
Land reform is key to ending poverty and fighting climate change, according to the world’s leading government lender.
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12 Jan 23
Overall sukuk issuance is expected to rise slowly this year as major issuers’ financing needs remain high but so do oil revenues, analysts have predicted.
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11 Jan 23
Egypt will reduce the state’s role in the economy – including its military, which has grown its footprint rapidly in the decade since a 2013 coup – in a bid to boost growth, the president has agreed...
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10 Jan 23
The BRICS group of countries should expand to include more members from the Global South, including many in Africa, South Africa’s ruling party has said as the government begins its year-long...
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20 Dec 22
The International Monetary Fund has agreed to release $447m to the Kenyan government to help support the nation’s budget and continued progress on reforms.
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19 Dec 22
The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
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15 Dec 22
The Ghanian government has reached a provisional agreement on a $3bn loan package with the International Monetary Fund.
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6 Dec 22
Glencore will pay $180m to the Democratic Republic of Congo in order to “address the consequences of its past conduct” in the country, amid investigations into alleged corrupt practices there.
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24 Nov 22
Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...
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18 Nov 22
Most people in Nigeria lack adequate access to cooking fuel, water sanitation, healthcare, food security and housing, the nation’s official statistics body has found.
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11 Nov 22
The Chad government has agreed a debt restructure with its lenders which the nation hopes will pave the way for finance from the International Monetary Fund.