Vol 66 No 2 | UNITED STATESAFRICAUNITED NATIONSFINANCE New front opens in global tax war as Trump moves in 13th January 2025 Washington may penalise states applying OECD tax rules on multinationals Fights over new rules to cut corporate tax avoidance and illicit financial flows are intensifying weeks ahead of the first meeting of a new UN convention to set...
DISPATCHES Vol 66 No 2 | AFRICAFINANCE Lower US interest rates will lead sub-Saharan Africa back to market 21st January 2025 Despite current tighter financing conditions, Moody’s upgrades the region’s credit outlook to ‘stable’ amid reduced borrowing costs Lower US interest rates will mean cheaper borrowing for African states, ratings agency Moody’s believes. The ratings agency has revised its outlook on sub-Saharan Africa’s sovereign credit to... READ FOR FREE
DISPATCHES Vol 65 No 20 | AFRICAFINANCE Financing a debt to nature 1st October 2024 A group of countries is working on a joint conservation plan to raise $2 billion to protect coral reefs, mangroves and fish stocks in the Indian Ocean A group of African nations is working on what could become the world’s first joint ‘debt-for-nature’ swap and the latest innovative solution on debt reduction and climate financing.... READ FOR FREE
DISPATCHES Vol 65 No 16 | AFRICAFINANCE Ratings plan gets serious 23rd July 2024 An AU official says a credit agency catering to the needs of the continent’s sovereign borrowers will be ready by next year An Africa credit rating agency will start work in 2025, a senior African Union official has told reporters. READ FOR FREE
DISPATCHES Vol 65 No 13 | SENEGALFINANCE New President Faye passes the market test 11th June 2024 Senegal’s bond sale signals that investors are gaining confidence in its new government Senegal’s move to raise US$750 million of debt maturing in 2031 in two tranches at a coupon rate of 7.75%, signals the passing of an early test of... READ FOR FREE
Vol 65 No 13 | AFRICAFINANCE Running the tax show in New York 20th June 2024 Wealth taxes and new global efforts to combat illicit financial flows (IFF) and enforce taxation of cross-border services are the top priorities of a UN tax convention in...
DISPATCHES Vol 65 No 9 | AFRICAFINANCE UN agency warns against African Eurobonds 23rd April 2024 Economists are worried that high yields on new borrowing by developing countries are unsustainable Several African states may have returned to the Eurobond market in recent months, but a new report by the United Nations Conference on Trade and Development (UNCTAD) has... READ FOR FREE
DISPATCHES Vol 65 No 9 | AFRICAN UNIONFINANCE Africa bids to enter the ratings war 16th April 2024 Leaders plan for African agency to boost the continent's voice in world finance The African Union (AU) appears determined to enter the credit ratings market having set itself a 31 December deadline to launch its own agency. READ FOR FREE
Vol 65 No 5 | AFRICAFINANCE Financial shades of grey 29th February 2024 The decision by the Financial Action Task Force (FATF), the global anti-money laundering watchdog, at its annual plenary session on 23 February, to put Kenya and Namibia on...
Vol 64 No 24 | AFRICAFINANCE Tracking the missing billions 30th November 2023 African, Asian and Latin American states have won a vote on tax reform at the UN – it could boost revenues and help them catch stolen cash Ahead of the annual meeting of the UN General Assembly, African states were focusing on the need to claw back the billions of dollars lost in illicit financial... READ FOR FREE