Africa: World Bank Approves 5 Million to Support Senegal’s Fiscal Reforms and Strengthen Public Financial Management

Africa: World Bank Approves $115 Million to Support Senegal’s Fiscal Reforms and Strengthen Public Financial Management

Washington — The World Bank has approved $115 million in concessional financing to support Senegal’s efforts to improve public debt sustainability, strengthen public financial management, and increase domestic resource mobilization. The financing, provided through the International Development Association (IDA), will help implement the government’s flagship reform program, the 2025-2029 Senegal Program for Transparency in Public…

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Africa: World Bank Approves 5 Million to Support Senegal’s Fiscal Reforms and Strengthen Public Financial Management

Africa: EU, Mattei Plan to Propel African Reforms

Italy — VICE-PRESIDENT Dr Philip Mpango has said that the development partnership between Africa and Italy under the Mattei Plan, along with the European Union’s Global Gateway initiative, holds great potential to accelerate Africa’s progress in infrastructure, human capital development, agriculture and digital transformation. Dr Mpango made the remarks in Rome, Italy, where he represented…

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Crypto players call for reforms to unlock over R500m in extra tax

Crypto players call for reforms to unlock over R500m in extra tax

Aligning digital asset classification with onshore status could strengthen SA’s position in the fast-evolving digital finance space. South African crypto-currency players are calling for regulatory changes that will see digital currencies being declared onshore assets in the country. They note South Africa’s regulatory grey zone around digital currencies may be holding back significant investment potential….

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