South Africa is set to launch the most transformative change to its cash system in decades. While digital payments have grown, physical cash still dominates about two-thirds of transaction volumes,.
South Africa’s currency recently gained ground in early trade, supported by higher gold prices, as local investors look to the year’s last bit of economic data for clues on the.
Senegal’s approval of its financial contribution to the African Energy Bank (AEB) may appear to be a routine administrative action, but in reality it comes at a pivotal moment in.
Angola’s sovereign wealth fund, FSDEA and London-based asset manager Gemcorp Capital announced the creation of a US$500 million Pan African Infrastructure Fund, aimed at bridging Africa’s infrastructure gaps by channelling private.
Africa is owning its choices to the capital it has managed to build over time. For the first time, state-owned institutions across the continent are managing assets approaching $1 trillion,.
As 2025 draws to a close, the international economic environment remains fraught with uncertainty. Major economies are moving at different speeds, and the world’s monetary guardians are contending with crosswinds.
In a decisive monetary policy move, the South African Reserve Bank (SARB) reduced its benchmark interest rate by 25 basis points to 6.75%. This adjustment marks the first policy decision.
For decades, Africa has stood on the edge of the global climate-finance conversation, seen more as a vulnerable landscape than a central participant in shaping solutions. The Yearbook of Global.
Guinea, long known for its geological riches, has taken a decisive step toward converting mineral wealth into long-term public capital. The government has announced plans to launch its first sovereign.
For the first time in a quarter of a century, South Africa has revised its inflation target, lowering it from a long-standing range of 3 to 6 percent to a.
