financial

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The European Union intends to fast-track some of its aid money to Egypt using an urgent funding procedure that bypasses parliamentary oversight and other safeguards, according to the president of the bloc's executive branch The 1 billion…

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The Independent Corrupt Practices and Other Related Offences Commission in Nigeria (ICPC) and the Coalition for Dialogue on Africa (CoDA) are to strengthen their cooperation agreement towards tackling the Illicit Financial Flows and…

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The new Kinshasa financial centre, a product of Turkish-Congolese cooperation, was inaugurated by Congolese President Félix Tshisekedi ahead of the presidential elections, with construction commencing in November 2022. The project,…

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The Brazil India China South Africa Summit has raised more curiosity and conversations around lifting off regulations that hamper the blocs' goal to create a new currency for the bloc. This new BRICS currency is expected to increase…

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The President of the African Development Bank (AfDB) is in Paris for the Global Financial Pact. Summit for a New Speaking ahead of the talks launch, Akinwumi Adesina aimed at rich countries whose financial commitments to Africa, some…

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Ghana has reached an agreement with the International Monetary Fund on a $3 billion bailout loan, the IMF announced, as the country faces a severe economic crisis. Already burdened by high debt, Ghana is facing historic inflation of more…

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Guinean opposition leader Cellou Diallo was expected to appear before the country's economic and financial crimes court Monday to respond to accusations of fraud and self-enrichment. The accusations stem from the liquidation of the state…

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Somalian government has asked the International Monetary Fund, IMF, to extend its financial support by three months to 17th August. In February the IMF warned that Somalia's delayed legislative and presidential elections risked the…

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In a bid to improve access to more products that will boost sector’s productivity, Nigeria’s commodities exchange player, AFEX, has emphasised the need for digital financial inclusion for African smallholder farmers. At a side-event,…