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.

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

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

South Africa’s Human Sciences Research Council (HSRC), together with the University of Mpumalanga, is hosting the 2026 Africa Young Graduates and Scholars Conference at the university’s Mbombela campus.


Held under the theme “Driving Sustainable Development: Innovation Through Technological Transformation,” the gathering marks two decades of advancing African research excellence and youth empowerment. The conference brings together emerging scholars, researchers and thought leaders from across the continent to explore how technology‑driven innovation can shape Africa’s development agenda.


Channel Africa’s Economics Reporter, Innocent Semosa, has more.

South Africa&rsquo;s Human Sciences Research Council (HSRC), together with the University of Mpumalanga, is hosting the 2026 Africa Young Graduates and Scholars Conference at the university&rsquo;s Mbombela campus.
 Held under the theme &ldquo;Driving Sustainable Development: Innovation Through Technological Transformation,&rdquo; the gathering marks two decades of advancing African research excellence and youth empowerment. The conference brings together emerging scholars, researchers and thought leaders from across the continent to explore how technology‑driven innovation can shape Africa&rsquo;s development agenda.
 Channel Africa&rsquo;s Economics Reporter, Innocent Semosa, has more.

2026 Africa Young Graduates and Scholars Conference advances African research excellence and youth empowerment

South Africa’s digital‑payments landscape is rapidly evolving, driven by increased mobile adoption and the rise of contactless technology. First National Bank has expanded its eWallet service onto WhatsApp, creating a simpler digital entry point into formal financial services for millions of South Africans, including those who may not have traditional bank accounts.


Nhlanhla Mahlangu reports.

South Africa&rsquo;s digital‑payments landscape is rapidly evolving, driven by increased mobile adoption and the rise of contactless technology. First National Bank has expanded its eWallet service onto WhatsApp, creating a simpler digital entry point into formal financial services for millions of South Africans, including those who may not have traditional bank accounts.
 Nhlanhla Mahlangu reports.

FNB expands its eWallet service onto WhatsApp

Amid escalating tensions in the Middle East, the International Energy Agency (IEA) is reportedly considering its largest‑ever release of emergency oil reserves to stabilise global markets. Meanwhile, Harmony Gold has released its interim results for the six months ending December 31, 2025, providing key insights into production performance and financial stability as geopolitical uncertainty continues to influence commodity markets.


Thami Ngubeni spoke to Anri Brink, Investment Strategist at Absa Investments.

Amid escalating tensions in the Middle East, the International Energy Agency (IEA) is reportedly considering its largest‑ever release of emergency oil reserves to stabilise global markets. Meanwhile, Harmony Gold has released its interim results for the six months ending December 31, 2025, providing key insights into production performance and financial stability as geopolitical uncertainty continues to influence commodity markets.
 Thami Ngubeni spoke to Anri Brink, Investment Strategist at Absa Investments.

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

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