The Economic Impact of Illicit Financial Flows on African Development Corruption is the abuse of entrusted power for private gain. Money laundering is the process of concealing the origins of money obtained through illegal activities. Together, these practices facilitate illicit financial flows in Africa. For a layman, this is the equivalent of “cleaning” stolen or...
Afreximbank’s $8 Billion SA’s Economic bolster: A Strategic Economic Boost South Africa has secured a major economic commitment from African Export‑Import Bank, with a $8 billion economic bolster programme designed to accelerate industrial growth, strengthen trade, and support domestic businesses. The announcement came as South Africa formally became a full sovereign member of Afreximbank, gaining...
ZIMBABWE and ZAMBIA must move from simple trade ties to joint industrialisation, ZimTrade chief executive Allan Majuru said at the Zimbabwe–Zambia Business Forum. He called on Zimbabwe and Zambia to focus on building industries together. The goal is to create value, not just move products across the border. This shift matters for jobs, exports and...