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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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Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)

The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)

The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)

The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)

Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)

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Luapula is seen as a key link in the Southern Africa Power Pool. (Image source: Adobe Stock)

Eskom restores Koeberg Unit 2 to full capacity, reinforcing South Africa’s energy security with 930MW of reliable base load power. (Image source: Eskom)

A US$250mn IFC loan will help Standard Bank finance eco-friendly, affordable housing and commercial developments across South Africa. (Image source: Adobe Stock)

Yanmar launches electrification unit for compact off-highway segment (IMAGE SOURCE: Yanmar)

New research highlights the vast potential of rooftop solar, urging policymakers to prioritise PV over nuclear for cleaner, cost-effective energy. (Image source: Adobe Stock)

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