The project rolled out in the country between 2012 and 2017 that was aimed at enhancing market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly ... Read more »

The government says it needs to investigate "malpractices, criminality and economic sabotage" activities on the stock exchange and mobile money services. Zimbabwe has struggled to ... Read more »

Eight suspects - including two Public Investment Corporation executives and a South African Police Service lieutenant-general - are being held in connection with the theft of ... Read more »

The Bureau of the Board of Governors of the African Development Bank (AfDB), comprised of finance ministers from the 81 shareholding countries, has upheld the conclusions of the ... Read more »

Leaders across Africa have spoken out in support of African Development Bank (AfDB) President Adesina Akinwunmi, whose candidacy for a second term has received widespread backing. ... Read more »

The powers of the Bank of Uganda (BoU) Governor are set to be clipped if Parliament passes a private Member's Bill that seeks to amend the Constitution as a way of streamlining the ... Read more »

The U.S. has removed Agribank and the Infrastructure Development Bank of Zimbabwe from the sanctions list, a move that will allow them to do international business more easily and ... Read more »

Mozambique's constitutional court has declared void two loans totaling more than U.S.$1 billion at the heart of a "hidden debt" scandal that triggered a currency collapse and ... Read more »

Governments in Africa are encouraging digital payments to reduce person-to-person contact and slow the spread of COVID-19. In West Africa, experts say the pandemic could be an ... Read more »

The African Development Bank has raised U.S.$3 billion in a three-year bond to help alleviate the economic and social impact that the COVID-19 pandemic will have on livelihoods and ... Read more »