24 h. ago Germany Joins Forces with AfDB to Boost Africa’s Energy Access

The African Development Bank (AfDB) is partnering with Germany to accelerate energy access and bolster private sector growth across Africa. Announced at a high-level meeting in Abidjan, the partnership will expand support for Mission 300, a project aiming to deliver electricity to 300 million Africans by 2030, and increase financing for private sector-led development in… Read More »Germany Joins Forces with AfDB to Boost Africa’s Energy Access The post Germany Joins Forces with AfDB to Boost Africa’s Energy Access first appeared on iAfrica.

Events

35 h. ago SARS Commissioner Urges G20: ‘Build Collection Capacity Before Hiking Taxes

South African Revenue Service (SARS) Commissioner Edward Kieswetter has advised G20 finance ministers that bolstering tax collection capacity is a far more effective path to increased revenue than simply raising tax rates. His comments came during a panel discussion held on Wednesday, on the sidelines of the G20 Finance Ministers and Central Bank Governors’ meeting… Read More »SARS Commissioner Urges G20: ‘Build Collection Capacity Before Hiking Taxes The post SARS Commissioner Urges G20: ‘Build Collection Capacity Before Hiking Taxes first appeared on iAfrica.

Politics

36 h. ago Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit

President Cyril Ramaphosa has called for a fresh approach to tackle Africa’s persistent debt crisis, warning that half of African nations pay more to service their debt than they do on healthcare, education, and other key development priorities. Addressing the opening of the G20 Finance Ministers and Central Bank Governors’ meeting in Cape Town on… Read More »Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit The post Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit first appeared on iAfrica.

Politics

54 h. ago US abstains from WTO condemnation of Russian aggression in Ukraine

It is the first time the US has not supported the statement Russia's invasion

Politics

61 h. ago Three bodies recovered after Durban flooding, search continues

EMS recovers three bodies washed away in Lamontville, Durban, following heavy overnight rains.

Events

3 d. ago World Bank says Ukraine needs $524 billion to recover 3 years of war

About 13% of Ukraine's total housing stock has been damaged or destroyed.

Events

3 d. ago Kganyago warns VAT changes are economic shock amid budget delay

The Bank says it only reacts when the VAT increase leads to further price increases.

Events

3 d. ago Former Thulamela Mayor embroiled in defunct VBS Bank scandal

Tshifhango allegedly received a bribe of a vehicle valued at more than half a million rand.

Politics

3 d. ago Sudan’s RSF and Allies Form Parallel Government Amid Civil War

Sudan’s Rapid Support Forces has inked a charter to set up a parallel “government of peace and unity” with allied political and armed groups. The charter was signed during a closed event in Kenya, leading to criticism of Nairobi by the army-aligned Sudanese government. The document envisions Sudan as a secular, democratic, and non-centralized state… Read More »Sudan’s RSF and Allies Form Parallel Government Amid Civil War The post Sudan’s RSF and Allies Form Parallel Government Amid Civil War first appeared on iAfrica.

Politics

3 d. ago AfDB Reveals Candidates Cleared to Contest for Bank’s President

The African Development Bank has officially unveiled a list of five cleared candidates for the presidential election on May 29, 2025. On that day, the bank’s Board of Governors, comprising representatives from member countries, will vote for their preferred candidate. The five cleared candidates are Mr. Hott Amadou from Senegal, Dr. Maimbo Munzele from Zambia,… Read More »AfDB Reveals Candidates Cleared to Contest for Bank’s President The post AfDB Reveals Candidates Cleared to Contest for Bank’s President first appeared on iAfrica.

Politics

4 d. ago Trump, Macron discuss Ukraine peace prospects at White House

Macron said Europe was prepared to provide security guarantees to Ukraine, including peacekeepers

Politics

6 d. ago G20 Foreign Ministers’ Meeting Highlights Economic Divisions Amid Global Tensions

The recent G20 foreign ministers’ meeting revealed significant economic divisions, as global economic challenges, including inflation, trade tensions, and the ongoing Ukraine conflict, remain unresolved. U.S. Secretary of State Marco Rubio’s absence, amid accusations of anti-American sentiment, underscored the rift between major economies. Despite the group’s importance in addressing international economic issues, differing stances on… Read More »G20 Foreign Ministers’ Meeting Highlights Economic Divisions Amid Global Tensions The post G20 Foreign Ministers’ Meeting Highlights Economic Divisions Amid Global Tensions first appeared on iAfrica.

Politics

6 d. ago Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge

Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue that the IMF has underestimated the positive impact of increased gold and coffee exports on Ethiopia’s financial recovery. The bondholder committee, which owns 40% of the debt, claims that the IMF’s projections… Read More »Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge The post Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge first appeared on iAfrica.

Politics

6 d. ago ‘Ithala Bank, Ingonyama Trust problems due to political interference’

Political interference a problem in Ithala Bank and Ingonyama Trust issue.

Politics

7 d. ago White House expects Ukraine to sign critical minerals deal soon

Poland's president is due to meet Trump in Washington on Saturday

Events

7 d. ago Ramaphosa Announces State Visit for Zelenskyy, Emphasizes Peaceful Resolutions at G20

President Cyril Ramaphosa has announced that he has formally invited Ukrainian President Volodymyr Zelenskyy for a state visit. Ramaphosa made the revelation on Thursday morning via X (formerly Twitter), underscoring South Africa’s support for an inclusive peace process to end the ongoing conflict between Russia and Ukraine. “I welcome the constructive engagement I had with… Read More »Ramaphosa Announces State Visit for Zelenskyy, Emphasizes Peaceful Resolutions at G20 The post Ramaphosa Announces State Visit for Zelenskyy, Emphasizes Peaceful Resolutions at G20 first appeared on iAfrica.

Politics

7 d. ago AfDB Predicts Stronger Growth for the African Economy in 2025

The African Development Bank (AfDB) has forecasted a 4.1% growth rate for Africa in 2025, up from the 3.2% recorded in 2024. According to the organization, the growth will be driven by economic reforms across multiple nations, easing inflationary pressures, and better debt management. South Sudan is projected to have the most growth, with a… Read More »AfDB Predicts Stronger Growth for the African Economy in 2025 The post AfDB Predicts Stronger Growth for the African Economy in 2025 first appeared on iAfrica.

Politics

7 d. ago Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns

A group of African countries plans to create the Africa Energy Bank (AEB) to finance oil and gas projects, countering reduced fossil fuel investments from Western institutions. Led by the African Petroleum Producers Organization (APPO) and Afreximbank, the initiative seeks to bolster Africa’s industrial growth by expanding energy access. However, environmentalists argue that fossil fuels… Read More »Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns The post Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns first appeared on iAfrica.

Politics

7 d. ago King Misuzulu convenes Imbizo over Ingonyama Trust, Ithala Bank

AmaZulu King Misuzulu kaZwelithini is convening an imbizo today in Nongoma...

Politics

8 d. ago European countries criticise Ukraine’s exclusion from peace talks

Norwegian Minister says Ukraine should be part of any peace talks aimed at ending the war in Kyiv.

Politics