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news by category: Finance

Found 9 articles.

Displaying 1-9 out of 9 results.


New President Faye passes the market test

Senegal’s bond sale signals that investors are gaining confidence in its new government

Senegal’s move to raise US$750 million of debt maturing in 2031 in two tranches at a coupon rate of 7.75%, signals the passing of an early test of market confidence for new P...


Running the tax show in New York

Wealth taxes and new global efforts to combat illicit financial flows (IFF) and enforce taxation of cross-border services are the top priorities of a UN tax convention in New York....


UN agency warns against African Eurobonds

Economists are worried that high yields on new borrowing by developing countries are unsustainable

Several African states may have returned to the Eurobond market in recent months, but a new report by the United Nations Conference on Trade and Development (UNCTAD) has warned tha...


Financial shades of grey

The decision by the Financial Action Task Force (FATF), the global anti-money laundering watchdog, at its annual plenary session on 23 February, to put Kenya and Namibia on its 'gr...

Tracking the missing billions

African, Asian and Latin American states have won a vote on tax reform at the UN – it could boost revenues and help them catch stolen cash

Ahead of the annual meeting of the UN General Assembly, African states were focusing on the need to claw back the billions of dollars lost in illicit financial flows (IFFs) as thei...


The global south wins a big money battle

A decade-long campaign for global tax rules to be set by a UN authority could finally come to fruition

Years of campaigning to coordinate support from middle-income and developing countries saw the UN General Assembly vote decisively on 22 November to establish a UN tax authority, e...


Going for the green

The European Bank for Reconstruction and Development, which currently provides financing for neighbours to EU countries, is set to become the latest development financial instituti...


Africa probes the Panama connection

The Panama Papers have prompted governments to look more seriously at the costs of trade mispricing and illicit financial flows

Following the leak of over eleven million company files from the Mossack Fonseca law firm in Panama on 3 April, many African activists and law enforcement officers have been search...


Displaying 1-9 out of 9 results.