A new Oxfam report released today says up to $41 billion in World Bank climate finance is unaccounted for due to poor record-keeping practices.

The report comes ahead of the World Bank and International Monetary Fund Annual meetings in Washington.

Thami Ngubeni spoke to Oxfam in Africa's David Abudho.

A new Oxfam report released today says up to $41 billion in World Bank climate finance is unaccounted for due to poor record-keeping practices.
The report comes ahead of the World Bank and International Monetary Fund Annual meetings in Washington.
Thami Ngubeni spoke to Oxfam in Africa's David Abudho.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Oxfam finds $41 billion in World Bank climate finance unaccounted for

Africa's economic landscape is showing signs of renewed momentum, with major developments in manufacturing, telecommunications, mining and regional infrastructure. Nigerian industrial giant Dangote Cement has reported a 31 percent increase in nine-month profits, while MTN Ghana has recorded strong growth over the same period. In West Africa, a Russian state-owned company is set to develop a geological map and mining information system for Mali, raising questions about resource governance and foreign investment. To unpack what these developments mean for African economies, regional integration and the continent's global competitiveness, we spoke to Victor Kgomoeswana, Marketing and Communication executive director at the University of Limpopo and author of Africa Bounces Back.

Africa's economic landscape is showing signs of renewed momentum, with major developments in manufacturing, telecommunications, mining and regional infrastructure. Nigerian industrial giant Dangote Cement has reported a 31 percent increase in nine-month profits, while MTN Ghana has recorded strong growth over the same period. In West Africa, a Russian state-owned company is set to develop a geological map and mining information system for Mali, raising questions about resource governance and foreign investment. To unpack what these developments mean for African economies, regional integration and the continent's global competitiveness, we spoke to Victor Kgomoeswana, Marketing and Communication executive director at the University of Limpopo and author of Africa Bounces Back.

Africa’s economic momentum: Dangote Cement and MTN Ghana post growth as Mali advances mining cooperation with Russia.

On our C-Suite feature today, we get to know Lincoln Mali, CEO of Lesaka Technologies, author, speaker and internationally acclaimed businessman. He is described as one of Africa's most decorated business leaders. His CV is too long to mention in this interview. He joins us now to give us a glimpse of his journey..

On our C-Suite feature today, we get to know Lincoln Mali, CEO of Lesaka Technologies, author, speaker and internationally acclaimed businessman. He is described as one of Africa's most decorated business leaders. His CV is too long to mention in this interview. He joins us now to give us a glimpse of his journey..

C-Suite: Lesaka Technologies CEO Lincoln Mali reflects on his remarkable journey to business leadership.

South Africa says its economy will remain stable regardless of the outcome of a US review of its eligibility for African Growth and Opportunity Act, or AGOA, trade benefits in 2027. Trade Minister Parks Tau says the government remains committed to dialogue with Washington ahead of an expected announcement on Monday. Speaking after meeting National Economic Development and Labour Council stakeholders in Johannesburg, Tau reaffirmed support for South African exporters and businesses amid uncertainty over continued access to the programmem We spoke to Donald MacKay, Founder and CEO of XA Global Trade Advisors

South Africa says its economy will remain stable regardless of the outcome of a US review of its eligibility for African Growth and Opportunity Act, or AGOA, trade benefits in 2027. Trade Minister Parks Tau says the government remains committed to dialogue with Washington ahead of an expected announcement on Monday. Speaking after meeting National Economic Development and Labour Council stakeholders in Johannesburg, Tau reaffirmed support for South African exporters and businesses amid uncertainty over continued access to the programmem We spoke to Donald MacKay, Founder and CEO of XA Global Trade Advisors

Oxfam finds $41 billion in World Bank climate finance unaccounted for

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