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Executive Directors of the African Development Bank Group on Wednesday, October 29, 2014 in Abidjan approved a landmark Financial Sector Development Policy and Strategy (FSDPS) whi...

Governments commit to implement automatic exchange of information beginning 2017 The new OECD/G20 standard on automatic exchange of information was endorsed on 29 October 2014 by ...

The Government of Rwanda has moved to accelerate its plans to transform Rwanda into a cashless economy and achieve 80 percent financial inclusion by 2017. Rwanda’s commitment to...

By Christine Lagarde Managing Director, International Monetary Fund Acceptance Speech for Foreign Policy Diplomat of the Year Award, Washington, D.C., October 29, 2...

Countries intervening to restrict their exports are not among the main causes of food insecurity of the poor in the developing world. Nevertheless, export restrictions have proved ...

Slowing growth and deflationary pressures in emerging markets including China and other major developed economies could derail expected robust economic growth in East Africa in t...

Power Africa, an initiative started by President Barack Obama, looks to all resources to meet high energy demands. The initiative looks to increase the number of people who have a...

The ministry of finance says member states revenue shares for 2015/16 will be concluded in December after South Africa, being the manager of the pool has provided the forecast of t...

The government has dismissed a new report by the World Bank showing that Kenya has made a slight improvement in its business regulatory environment. The 2015 Ease of Doing B...

Regional integration has been a core element of African countries’ development strategies since independence. The Africa-wide development agenda, as championed by the African Un...

The confidence index for Africa among business leaders has remained unchanged over the third quarter of 2014, according to YPO Global Pulse. The Young Presidents’ Organisation (...

Three road projects, two dams and one hospital financed with public money have run short of time and price, consuming far more money than originally designed, hence pressure on pub...

Since 2010, Rwanda withdrew itself from the Economic Community of Central African States (ECCAS). This absence within the biggest grouping of Central Africa will be for short-term ...

Kenya and Mozambique on Wednesday signed a bilateral agreement to cut restrictions on air travel between them. The deal signed by Transport Cabinet Secretary Michael Kamau a...

A new World Bank Group report finds that Sub-Saharan Africa had the highest number of business regulatory reforms globally in 2013/14, with 74 percent of the region’s economies i...

Singapore tops the list of business-friendly economies globally, while five of the top 10 most improved countries are in sub-Saharan Africa, according to the World Bank Group...

The WTO released on 28 October 2014 new editions of its key statistical publications: International Trade Statistics, Trade Profiles, World Tariff Profiles and Services Profiles. T...

Secretary-General Ban Ki-moon on Tuesday urged countries that have imposed travel bans or closed their borders in response to the Ebola outbreak of the need to convey a sense ...

SADC, COMESA and EAC comprise 26 Southern and East African Countries currently negotiating a comprehensive tripartite FTA with new preferential origin rules. The SADC-COMESA-EAC T...

Kenya will review its economic growth target for this year after it recalculated the size of the economy, a move that led to a jump in annual growth rates, its central bank governo...