Zimbabwe needs to “act now” to counter economic difficulties, with fiscal belt-tightening and reengagement with the international financial community key priorities, the International Monetary Fund has warned.
The Nigerian finance ministry has announced savings of 2.29bn naira ($11.5m) after an audit revealed almost 24,000 non-existent workers on the government’s payroll.
Economic crime is at a “pandemic level” in South Africa and both France and the UK have reported significant increases in its frequency over the past two years, according to PwC.
Efforts to build resilience to infectious diseases like Ebola are futile unless they also address systematic gender inequality, the African Development Bank has said.
The lure of natural resources can trump concerns around corruption, poor infrastructure and unfavourable business conditions for foreigners looking to invest in Africa, professional services firm KPMG has found.
The African Development Bank has won Green Climate Fund accreditation, meaning funds can now be channelled to the continent through the bank as an implementing agency.
A Ugandan farmers’ association has called on the United Nations to sever its ties to an agriculture firm accused of land-grabbing and deforestation in the country.