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Inside World Bank’s $2 Billion Package to Uganda: Where the Money Will Go

Uganda is set to receive over US$2 billion in fresh concessional financing from the World Bank Group over the next three years, signalling the restoration of full financial support after.

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World Bank Raises Africa’s 2025 Growth Forecast to 3.8%

The World Bank has raised its growth forecast for Sub-Saharan Africa in 2025 to 3.8 per cent, up from 3.5 per cent in April, signalling cautious optimism across a region.

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How 10 African Startups Are Shaping Global Financial Innovation

In a global financial technology landscape marked by tightened funding and economic uncertainty, African fintechs continue to defy expectations. Ten of them have now earned their place on CNBC and.

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Central Banks in Africa Turn to Gold for Stability and Global Leverage

Gold has historically served as a reliable store of value and a strategic anchor in central banking—and African nations are reaffirming its relevance in today’s volatile economic climate. As global.

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Is Crypto in Africa a Revolution or a Risk?

The adoption of cryptocurrency in Africa presents both opportunities and challenges. It offers the potential for financial inclusion, cross-border transactions and economic growth, particularly in regions with limited access to.

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Zimbabwe Turns to Gold Coins Again Amid Economic Instability

Zimbabwe’s central bank has made a significant move in its quest to stabilise the local economy by resuming the issuance of gold coins, a strategy previously suspended for 10 months..

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2025 World Bank-IMF Spring Meetings: What Will Africa Demand for Its Future?

As the 2025 session of the World Bank and International Monetary Fund Spring Meetings kicks off in Washington, D.C., several questions arise for African citizens, political representatives, and leaders. What.

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Africa’s Top Banks in 2024: A Nexus of Financial Resilience

The financial landscape in Africa is shaped by a select group of banks that not only possess robust financial foundations but also excel in cross-border operations and the adoption of.

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