Economy

EAC Ends Equal Contributions After $89 Million Debt Crisis

An $89 million pile of unpaid membership dues has pushed the East African Community…

AfDB Urges Shift From Isolated Projects To System-Wide Economic Transformation

Africa is recording thousands of successful development projects every year. Yet, many of the…

Africa’s SMEs Squeezed By Tighter Lending Despite Stable Defaults

Small and medium-sized enterprises (SMEs) continue to face tighter lending conditions, higher collateral requirements,…

Corruption, Distrust Costing Africa Billions in Tax Revenue

African Development Bank Group has warned that Africa’s biggest taxation challenge is no longer…

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