They spoke at the sixth African Conference on Debt and Development (AfCoDD VI), organised by the African Forum and Network on Debt and Development (AFRODAD) in Nairobi, Kenya. . African countries need better systems for tracking public debt and stronger parliamentary scrutiny of government borrowing, said some development experts said on Wednesday. They spoke at…
Former CEO of Barclays, Jes Staley, arrives at the High Court in London, United Kingdom, on March 14, 2025. Staley is challenging his ban from the UK finance sector over his ties to Jeffrey Epstein. Tayfun Salci | Anadolu | Getty Images Jes Staley, the former JPMorgan Chase executive and ex-Barclays CEO, has agreed to…
Turning parliamentary records into searchable, visual data. (Image source: 123RF) South Africa’s Parliament produces a significant volume of information. Committee minutes, attendance registers, written questions to ministers, budget review reports and so much more. This written record of parliamentary activity is extensive, and the problem is that it isn’t easily accessible. It’s information, not data,…
China’s economic footprint in Africa has grown fast over the last two decades. Across the continent, Chinese-backed mines, oilfields, railways and industrial zones have gone from being ambitious projects to central pillars of national development plans. This has been made possible by over US$181 billion in infrastructure loans and about US$50 billion in foreign direct…
Nairobi — Kenya will advance fresh reform proposals at the African Union (AU) level aimed at strengthening budget accountability within the African Union Commission, including enhanced oversight by the Pan-African Parliament. Speaking during his annual Diplomatic Address to Heads of Mission and International Organisations at State House, Nairobi, President William Ruto said Kenya remains committed…
Africa’s development finance challenge has reached a critical point. Mounting debt pressure is squeezing fiscal space. And essential needs in infrastructure, health and education remain unmet. The continent’s governments urgently need affordable access to international capital markets. Yet many continue to face borrowing costs that make development finance unviable. Sovereign credit ratings – the assessments…
By the authority vested in me as President by the Constitution and the laws of the United States of America, and to improve the process of Federal grantmaking while ending offensive waste of tax dollars, it is hereby ordered: Section 1. Purpose. Every tax dollar the Government spends should improve American lives or advance American interests. …
