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  • Tax Reform Could Boost Sub-Sahara Revenue by 5% of GDP, IMF Says

    May 14, 2018· News, Politics & Economy·

    Sub-Saharan African countries could increase tax revenue by an average of 5 percent of gross domestic product -- much more than what they receive in international aid [...]

  • Rising Africa Debt Distress Risks Economic Recovery, IMF Says

    May 14, 2018· News, Politics & Economy·

    Sub-Saharan African nations affected by increasing public-debt levels and non-performing loans must take action to address rising vulnerability, the International Monetary Fund said. About 40 percent of [...]

  • AfDB Leading Talks With Zimbabwe, Creditors to Clear Arrears

    May 14, 2018· News, Politics & Economy·

    The African Development Bank is leading talks with Zimbabwe and its creditors to make plans for the nation to pay off some of its arrears so it [...]

  • Nigeria Issuing 70 Million IDs to Boost Financial Access

    May 14, 2018· News, Politics & Economy·

    Nigeria plans to issue identity numbers to 70 million citizens by the end of next year, a first step to bringing them into the country’s payments system. [...]

  • Moody’s Says Nigeria May Keep Several Naira Rates Until 2020

    May 14, 2018· Mining & Energy, News, Politics & Economy·

    Nigeria will probably maintain its system of multiple exchange rates, which the International Monetary Fund has long-urged it to scrap, until at least early 2020, according to Moody’s [...]

  • Ghana Sells $2 Billion Bonds as Bids Exceed Supply Fourfold

    May 14, 2018· News, Politics & Economy·

    Demand for Ghana’s $2 billion of Eurobonds exceeded supply four times as the West African country convinced investors about its economic turnaround story, the Ministry of Finance [...]

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