The African Development Bank will launch its African Economic Outlook 2020 Supplement in a live Zoom event from 14.30 to 16.00 (Abidjan time) on Tuesday 7 July 2020. The COVID-19 pandemic has resulted in economic disruptions that have changed the strong growth projections the African Development Bank reported in January in the …
Read More »Ghanaian Cocoa Farmers Celebrate $200million Loan
Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer. The occasion was marked by a ceremony held in Accra, Ghana on Tuesday 23 June, followed online by hundreds of observers across the …
Read More »Illicit Financial Flows in Africa Hit $80billion Annually
African countries made great strides in strengthening commitments and capacity to achieve tax transparency and exchange information on illicit fund flows in 2019, the latest Tax Transparency in Africa report revealed. According to the report, illicit financial flows in Africa are estimated at between $50 billion and $80 billion annually; 44% of …
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