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S.Africa minister says ‘construction mafias’ are scaring away investors
Powerful and politically-connected "construction mafias" are scaring away investors and holding back infrastructure projects needed to grow South Africa's economy,...
Read moreDetailsSub-Saharan Africa to gain new IMF board seat on Nov. 1
The International Monetary Fund's board of governors has approved a resolution to add an executive director on the fund's executive...
Read moreDetailsFitch downgrades Kenya after revenue policy reversal
Global credit ratings agency Fitch downgraded Kenya's sovereign rating to "B-" from "B" on Friday, citing heightened risks to the...
Read moreDetailsEthiopia to save $4.9 billion after completing debt restructuring exercise
Ethiopia’s State Finance Minister, Eyob Tekalign, said on Friday it expects creditors will agree to restructure $4.9 billion of debt...
Read moreDetailsKenyan court nullifies 2023 finance law in new blow to President Ruto
Kenya's Court of Appeal on Wednesday declared the government's 2023 finance law unconstitutional, inflicting a new blow to the government...
Read moreDetailsIvorian farmers turn to new rice variety for increased yields and profit
Ivorian rice farmer Francois Kasse Yao has struggled to make ends meet with only one harvest per year before he...
Read moreDetails#EndBadGovernance: Nigerians commence protests against ‘bad governance’
Thousands of Nigerians are expected to commence ten days of nationwide protests today. The organisers, many of them young people,...
Read moreDetailsGuinea court finds former military leader guilty of crimes against humanity
A court in Guinea on Wednesday sentenced former military ruler, Moussa Dadis Camara, to 20 years in prison after finding...
Read moreDetailsLiberia suspends central bank governor over audit
Liberia suspended its central bank governor on Tuesday after an audit found irregular loans to the government and unauthorised spending,...
Read moreDetailsWorld Bank approves $1.5 bln in financing for Ethiopia
The World Bank's board has approved $1.5 billion in financing for its first ever budget support lending to Ethiopia, the...
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