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The collaborative efforts of ATAF and the Global Forum will ensure that African countries increase their exchanges of information while contributing to the fight against illicit financial flows. (Image source: Rawpixel Ltd/Flickr)

Tax transparency and exchange of information (EOI) have a crucial role to play in helping African governments stem illicit financial flows (IFFs) and increase domestic revenue mobilisation, according to the Tax Transparency in Africa 2020, launched as part of the Africa Initiative

The COVID-19 crisis is triggering the greatest financial capital re-allocation in history. (Image source: John R Perry/Pixabay)

Dramatic cuts in spending and a reallocation of funds into digital solutions and environmental sustainability are among some of the most significant changes likely to emerge as a result of the COVID-19 crisis, according to the World Energy Council’s global survey

The bulk of activities under the Bank-funded project will focus on improving facilities for the management of COVID-19 cases. (Image source: World Bank Photo Collection/Flickr)

The African Development Bank (AfDB) has approved a US$4.16mn grant to South Sudan to support the emergency response to COVID-19 and strengthen the country’s fragile health system

Assistance to this region comes in the form of preventive and protection measures as well as financial assistance to the vulnerable beyond the end of the epidemic. (Image source: World Bank Photo Collection/Flickr)

The African Development Bank (AfDB) has responded swiftly to the needs of its member countries during the ongoing COVID-19 pandemic

The operation will provide funding for the project which will also boost resilience of vulnerable communities. (Image source: World Bank Photo Collection/Flickr)

The African Development Bank (AfDB) has approved US$20mn in grant funding from the African Development Fund, to build capacity to curb and stop the spread of the COVID-19 pandemic in Mauritania, Mali, Burkina Faso, Niger and Chad

More Articles …

  1. COVID-19: Nigerian Startup Beat Drone deploys drones to disinfect communities
  2. South Africa to boost tourism sector
  3. AfDB approves five-year strategy for Nigeria amid COVID-19 concerns
  4. COVID-19 driving smart manufacturing across production lines
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The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)

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Emirates SkyCargo partners with Astral Aviation to enhance global trade routes, boosting cargo connectivity and economic opportunities across Africa. (Image source: Emirates SkyCargo)

WATT Renewable Corporation increased capacity by 17%, improved uptime to 99.5%, and cut 1,329 tonnes of CO₂ through hybrid solar solutions. (Image source: WATT Renewable Corporation)

AI-driven cyberattacks, including phishing and DDoS strikes, are evolving across Africa, requiring proactive security measures and awareness. (Image source: Adobe Stock)

Masdar, TotalEnergies, and EPointZero collaborate to boost clean energy access in Africa, Asia, and India under UAE-France Business Council. (Image source: Masdar)

Kaspersky enhances Cloud Workload Security with advanced forensic tools, runtime protection, and orchestrator security for large-scale container deployments. (Image source: Adobe Stock)

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