“Africa’s development cannot be outsourced. Sustainable development must ultimately be financed through domestic resources mobilised by strong and effective institutions,” says Gambia Revenue Authority Commissioner General Yankuba Darboe, who set the tone for the opening of the 7th Heads of Tax Administrations Master Class, at the Sir Dawda Kairaba Jawara International Conference Centre in Bijilo…
From Project Bankability to Building Productive and Financeable Economies As the World Bank Group places job creation, private sector mobilization and productive transformation back at the center of its agenda, evaluations by the Independent Evaluation Group (IEG) of the International Finance Corporation’s (IFC) engagement in fragile economies invite us to ask a fundamental question: Is…
With fewer than five years left to achieve the Sustainable Development Goals (SDGs), a new UN report says sustained investment and international cooperation have improved billions of lives, but warns that governments must urgently accelerate action if the goals are to be met by their 2030 deadline. The findings come from the 2026 SDG Progress…
Across Africa, large-scale infrastructure projects are transforming economies at an unprecedented pace. Between 2010 and 2022, African ports captured an outsized share of global port investment – $13 billion, concentrated heavily in the Democratic Republic of Congo, Nigeria, Senegal, and Ghana. Ports, railways and energy systems are widely framed as the backbone of this growth:…
Faced with shrinking aid budgets and shifting donor priorities, African governments are exploring new ways to finance development, from mobilising pension funds to attracting private investment and strengthening regional partnerships. The change reflects a growing focus on funding development through domestic resources, investment, and regional partnerships rather than external assistance. Experts say that African governments…
African countries must increasingly rely on their own resources and institutions to drive development as international aid continues to decline, the International Monetary Fund (IMF) has advised. According to the IMF, the era of predictable and abundant foreign aid was gradually fading, making it imperative for governments across the continent to strengthen domestic revenue mobilisation,…
Liberia’s Deputy Foreign Minister for Legal Affairs has called for urgent reforms to strengthen the institutional framework supporting the Right to Development, a principle first proclaimed by the United Nations in 1986 and reaffirmed in subsequent global agreements. According to a dispatch from Beijing, People’s Republic of China, Cllr. Jeddi Mowbray Armah addressing the 2026…
Nairobi — A new report examining the economic impact of oil and gas production in Africa has found that fossil fuels have failed to deliver sustained or inclusive economic development, observing that the resources have contributed to economic vulnerability and inequality and have constrained growth through prohibitive commodity prices, inflation, and weak local currencies. It…
Through a strategic partnership with the University of Johannesburg’s Business School, FNB’s App Academy 2026 will enable student access to a university-backed, accredited learning experience that combines practical app development, entrepreneurship thinking, innovation leadership and future-focused digital skills development. Supplied image An open and free platform for participants across the continent, the FNB App Academy…
Informal apprenticeships remain Africa’s largest skills development system, providing training opportunities to millions of young people and workers who would otherwise lack access to formal training. This was one of the highlights at the third annual regional conference of the Sub-Saharan Africa Skills and Apprenticeship Stakeholders Network held in Abuja, Nigeria, last week. The Ministry…
