UK announces USD$100 million in Zimbabwe development loans

UK announces USD$100 million in Zimbabwe development loans

The UK’s development finance institution, CDC, and Standard Chartered Bank today announced an up to USD$100 million in investment funding to grow businesses in Zimbabwe – a move that heralds a new start for the country as the UK has long withheld support while awaiting economic and social reforms. The…

Focus on Africa in Guterres’ remarks to G7 leadership

United Nations Secretary General António Guterres, speaking at a session on Africa and the G7 during the weekend summit in Italy, emphasized six strategies for advancing growth across the continent while reducing the risks that unemployment and economic frustration create for peace and security. Guterres noted the challenges facing fragile…

#Zumamustfall – 3 finance ministers in the past week

#Zumamustfall is the hashtag thousands of South Africans are using for the nationwide protest which is calling for the ousting of President Jacob Zuma. Zuma has faced a massive backlash for dismissing South Africa’s Finance Minister Nhlanhla Nene and replacing him with ANC MP Des van Rooyen. The news was…