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Between December 2023 and February 2024, the Government of South Sudan entered into a secretive oil-backed loan agreement with the UAE-based Hamad Bin Khalifa Department of Projects. Information about the agreement only became public in April 2024 through media reports and a publication by the United Nations Panel of Experts on South Sudan. The terms of this loan are hugely detrimental for South Sudan, as they tie up the country’s oil revenue for up to 20 years. Specifical

Africa is rich in natural resources. However, the exploitation of these resources has not translated into equitable economic growth and development. Dubbed the “resource curse,” many countries across the continent have experienced armed conflict, political instability and economic fragility associated with resource extraction. This phenomenon is closely linked to issues of tax justice, as the failure to design and enforce fair and effective tax systems in resource-rich countr

The use of green bonds - debt instruments whose proceeds are used to fund initiatives that create benefits for the environment and contribute towards climate change prevention and mitigation - has grown in popularity across Africa, representing a commitment to accelerate and unlock climate finance and advance sustainable development. They can be used to fund projects across diverse sectors, such as renewable energy, efficient energy use, forest conservation and waste manageme

At sustainable levels, sovereign debt can supplement revenues raised though taxation and contribute to the provision of public services...

The Kenya Tax Appeals Tribunal is established under the Tax Appeals Tribunal Act, 2013 and has the mandate to hear appeals filed against...

For decades, the international tax arena has been dominated by the Organisation for Economic Co-operation and Development (OECD) which is...

Resource-rich countries in Africa and elsewhere often enter contracts with third parties to govern mining, oil and gas projects. Given...

The international tax system is witnessing a historic reform through the “Two Pillar solution”, negotiated under the auspices of the OECD...

Extractive industries are one of the main sources of fiscal revenue in African states. However, appropriate and up-to-date tax regimes...

The problem is the ambiguity of the Kazakhstan Tax Code’s provisions on notifying tax authorities about receiving and spending funds from...

The Kenyan government has been seeking ways to broaden the tax base by introducing taxes that affect the general population, but they...

The OECD estimates that Base Erosion and Profit Sharing (BEPS) practices - which refer to tax planning strategies used by multinational...