While East African's economy is cited as being ahead in growth in sub-Saharan Africa, analysts are cautioning that the growth is largely superficial since it is being driven by ... Read more »
The Executive Board of the International Monetary Fund says the focus of four-year arrangement is to restore macroeconomic stability, set up a fiscally sustainable growth path and ... Read more »
The Parliamentary Budget Office says that due to the rate of financial indiscipline in recent years, Kenya is likely to breach the ceiling, which Treasury managed to push to ... Read more »
Jean Boustani, one of eight people who prosecutors say created maritime projects in Mozambique to funnel bribes and kickbacks, has told a U.S. court that that Privinvest paid ... Read more »
The International Monetary Fund's executive board will vote in December 2019 on a U.S.$280 million loan agreement with Equatorial Guinea. Rights groups are calling for a ... Read more »
The government has added a new arsenal for raising revenues through sale of citizenship, passports, permanent residency and special visa programmes as products to foreign nationals ... Read more »
Five East African Community member countries, Kenya, Burundi, Rwanda, Uganda and Tanzania have together accumulated more than U.S.$100 billion domestic and foreign debt, stretching ... Read more »
Nigeria's Economic and Financial Crimes Commission has charged two British nationals James Richard Nolan and Adam Quinn of UK firm Process and Industrial Developments, with fraud ... Read more »
Hafez Ghanem, World Bank's Vice-President for Africa, says the organization is in talks with the Nigerian government for a U.S.$2.5 billion concessionary loan. In the past year, ... Read more »
Mozambique has been ranked as the country with the highest risk of money laundering and terrorist finance in the world, according to a report issued by the Basel Institute of ... Read more »
AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.