Standard Bank Group closed its 2025 financial year with headline earnings of 49.2 billion rand ($2.97 billion), representing an 11% increase from the 44.5 billion rand recorded in 2024. The.
The Africa Infrastructure Financing Facility (AIFF), recently launched jointly by AUDA-NEPAD and the Alliance of African Multilateral Financial Institutions (AAMFI), the AIFF is designed to channel Africa’s estimated $2.5 trillion.
Egypt has stepped forward with a proposal to mobilise $500 billion for nearly 300 projects across the continent. At the recent steering committee meeting of the African Union Development Agency.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is supporting a EUR 132.5 million financing package arranged by Standard Chartered to help complete a major steel.
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.
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.
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.
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.
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.
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..
