Africa Finance Corporation Secures US$ 75Mn Credit Line from the Arab Bank for Economic Development in Africa
Africa Finance Corporation (AFC) has secured a US$75 million term loan facility from the Arab Bank for Economic Development in Africa (BADEA)
Paystack Fires Co-Founder Ezra Olubi Amid Sexual Misconduct Claim
Paystack, has dismissed its co-founder and chief technology officer (CTO), Ezra Olubi, amid public allegations of workplace and sexual misconduct
G20 Summit South Africa: African Nations to Form ‘Borrowers’ Club’
African finance ministers are moving to establish a collective “Borrowers’ Club” aimed at strengthening the negotiating power of the continent’s debtorsMorocco, Ghana Move to Regulate Booming Crypto Markets
Morocco and Ghana are racing to formalize their fast-growing crypto sectors, introducing licensing and Anti-Money Laundering (AML)-heavy frameworksAfDB Rallies Stock Exchanges to Reinvent Africa's Financial Future
The African Development Bank Group (AfDB) has urged capital market players to help bridge the financing gap for the continent's development needsDigitizing Trade Stumbles on Costs, Standards
Report identifies interoperability gaps, regulatory inconsistencies and implementation challenges as the most significant obstacles to digitising trade.Hidden Debt Hits Senegal as Nigeria, Côte d’Ivoire Gain Rating Stability- S&P Review
AfDB Approves US$ 310mn for FirstRand Bank
The African Development Bank (AfDB) has approved a $310 million financial package to FirstRand Bank, a wholly owned subsidiary of the FirstRand GroupSenegal Pushes Back Against IMF Debt Restructuring Proposal
Senegal’s government is pushing back against IMF pressure to restructure its growing debt, arguing that such a move would tarnish the country’s reputation.The Keys to Unlock South Africa's Oil and Gas Exploration
South Africa controls most of the Orange Basin, but it lags behind its northern neighbor thanks to bureaucratic and legal hurdles.
New Catalytic Fund Targets Africa's Mental Health Financing Gap
The Africa Venture Philanthropy Alliance (AVPA) and its partners have set up a Catalytic Pooled Fund for Mental Health Investment to mobilise private and institutional financing toward one of Africa’s most underfunded health sectorsBMW South Africa Recalls Nearly 12,500 Vehicles in Kenya, COMESA Over Safety Defects
BMW Group South Africa has issued a major safety recall for 12,491 vehicles across Kenya and the wider COMESA region following the discovery of faults
