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Africa boosted fiscal revenues in 2023 through improved tax transparency — report
Seven African countries collected $2.4 billion of additional revenue through tax transparency, exchange of information and related measures in 2023 than over the 13 preceding years combined, a new progress report for the so-called Africa Initiative has found. Launched at a recent 15th Meeting of the Africa Initiative in Lomé, Togo, the Tax Transparency in […]
BADEA provides Togo $16m to support SMEs
Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs). Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME […]
Reconnaissance Satellite to Give Morocco Military Edge over Algeria
Morocco is set to bolster its reconnaissance capabilities through the launch of a state-of-the-art satellite. The move has stirred fears in Algeria. After Spanish media raised concerns of Spain’s military officials over Morocco’s spy satellite, comes the turn of Algeria, which looks at Morocco’s steps to gain satellite technology with a suspicious eye. “Total panic”, […]



