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Ministry of Finance - Republic of Ghana
Source: Ministry of Finance - Republic of Ghana |

President Mahama Swears In Dr. Alhassan Iddrisu as Government Statistician

Dr. Alhassan Iddrisu, a seasoned economist and statistician, brings to the role extensive experience in macroeconomic management, public policy, and data analysis

Dr. Iddrisu outlined a bold vision for the Ghana Statistical Service (GSS), committing to build a modern, technology-driven, agile, and trusted institution capable of producing credible, timely, and relevant data to support Ghana’s macroeconomic stabilisation programme and socio-economic development initiatives. Key among his priorities is the fast-tracking of the rebasing…

The World Bank Group
Source: The World Bank Group |

Accelerating Learning for a More Food Secure Future Across Eastern and Southern Africa

Approximately 62.9 million people, or 25% of the analyzed population in seven out of eight IGAD countries, are experiencing high levels of acute food insecurity in 2024

Eastern and Southern Africa are at a pivotal moment to transform their food systems into engines of economic growth, and development. With a rapidly growing population, urbanization, and shifting dietary preferences, the region is experiencing a surge in demand for safe, nutritious, and accessible food. At the same time, challenges…

Ministry of Finance - Republic of Ghana
Source: Ministry of Finance - Republic of Ghana |

Ghana: Dr. Patrick Nomo Returns as Chief Director of Ministry of Finance

Ms. Mends, appointed Chief Director in April 2023, succeeded Dr. Nomo, who previously held the position from October 2016

Dr. Patrick Nomo has resumed his role as Chief Director of the Ministry of Finance, two years after his transfer to the Ministry of Environment, Science, Technology and Innovation. At a staff gathering to bid farewell to outgoing Chief Director Ms. Eva Mends and welcome Dr. Nomo, Finance Minister Dr.…

The World Bank Group
Source: The World Bank Group |

Ndiamé Diop Appointed as World Bank Vice President for Eastern and Southern Africa

Under Diop’s leadership, the World Bank will continue to work closely with clients and partners to advance strategic priorities in the region

The World Bank has appointed Ndiamé Diop as the new Vice President for Eastern and Southern Africa, effective today. In line with the World Bank's efforts to be closer to clients and enhance service delivery, Diop will be based in Nairobi, Kenya. As Vice President, he will oversee an active regional portfolio…

Islamic Development Bank Institute (IsDBI)
Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute’s Pioneering Smart Voucher System Receives Patent from United States (U.S.) Patent and Trademark Office

The Smart Voucher System is a blockchain-based solution designed to allow regulatory authorities to authorize selected service providers

The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) is delighted to announce that the United States Patent and Trademark Office (USPTO) has granted a patent for the Institute’s groundbreaking solution, the Smart Voucher System. The Patent number 12282916 was granted on 22 April 2025. The Smart Voucher System is a blockchain-based solution…

The World Bank Group
Source: The World Bank Group |

Eswatini: World Bank Supports Fiscal and Private Sector Reforms for Resilient Growth

The policy actions supported by the loan will assist Eswatini to mobilize private capital and accelerate energy access

The World Bank Board of Executive Directors approved a Development Policy Loan (DPL) operation to support the Kingdom of Eswatini’s efforts to strengthen fiscal governance, foster private sector development, and enhance energy security and climate resilience. This is the first in a programmatic series of two operations. Eswatini faces critical…

Ghana Venture Capital & Private Equity Association (GVCA)

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    • Regional Private Equity, Securities, and Pensions Industry Leaders Sign Compact to Mobilize Domestic Capital
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Source: Ghana Venture Capital & Private Equity Association (GVCA) |

Regional Private Equity, Securities, and Pensions Industry Leaders Sign Compact to Mobilize Domestic Capital

The Compact Marks a New Beginning for Local and Regional Investment to Enhance African Economic Prosperity

The Ghana Venture Capital & Private Equity Association (GVCA) (www.GVCA-Ghana.org), one of Africa’s foremost VC industry associations, has demonstrated its commitment to fostering domestic and regional capital mobilization to enhance economic growth and protect the continent against external shocks. The association’s approach, consistent with national and regional policies to encourage…

International Islamic Trade Finance Corporation (ITFC)

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    • International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector
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Source: International Islamic Trade Finance Corporation (ITFC) |

International Islamic Trade Finance Corporation (ITFC) and Asakabank Ink US$ 20 Million Trade Finance Deal to Strengthen Uzbekistan’s Private Sector

This agreement underscores ITFC’s dedication to expanding trade finance accessibility for SMEs fueling Uzbekistan’s economic progress

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, has signed a US$ 20 million Line of Trade Finance Agreement with Asakabank to bolster trade finance solutions for SMEs and private sector clients in Uzbekistan.   Structured under Murabaha, this facility…

AfriCatalyst

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    • Mr. Mahesh K. Kotecha, President at Structured Credit International Corp
    • From Left to right: Mr. Raymond Gilpin, Chief Economist UNDP, Mr. Claver Gatete, Executive Secretary of ECA and Mr. Savior Mwambwa, Program Manager, Economic and Climate Prosperity, Open Society Foundation
    • Dr. Daouda Sembene, CEO, AfriCatalyst
    • From left to Right: Dr. Misheck Mutize, Lead Credit Rating Expert at APRM, Dr. Tatonga Rusike, Chief Economist for Africa at Bank of America Securities, Ms. Mavis Owusu Gyamfi, President and CEO, ACET and Mr. Roberto Sifon-Arevalo, Managing Director at S&P Global Ratings
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Source: AfriCatalyst |

Experts Convene in Washington to Advance Dialogue on an African-Led Credit Rating Ecosystem

African institutions and global credit rating agencies reaffirmed their commitment to developing a fair, transparent, and inclusive credit rating ecosystem for Africa

With more than 30 African countries subject to sovereign credit ratings, the decisions of global rating agencies significantly impact debt sustainability and access to international financial markets. At a high-level dialogue held on the sidelines of the 2025 IMF–World Bank Spring Meetings, African institutions and global credit rating agencies reaffirmed…

Islamic Development Bank Group (IsDB Group)

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    • The Algerian Chamber of Commerce and Industry (CACI) and the Islamic Bank Group organize a forum to introduce financing services in preparation for the 2025 Annual Meetings
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Source: Islamic Development Bank Group (IsDB Group) |

The Algerian Chamber of Commerce and Industry (CACI) and the Islamic Bank Group organize a forum to introduce financing services in preparation for the 2025 Annual Meetings

Focus on supporting the private sector and showcasing promising investment opportunities in Algeria

The institutions of the Islamic Development Bank (IsDB) (www.IsDB.org), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC) in collaboration with the Algerian Chamber of Commerce and Industry…