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..
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.
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.
In an era where globalisation and digital innovation converge, Africa’s embrace of cryptocurrency is reshaping its economic landscape, particularly in the export-import sector. The adoption of Bitcoin (BTC) and Tether.
The Middle East accounts for over one-third of the world’s seaborne oil trade, but recently, this role has been complicated by escalating geopolitical tensions and growing supply and demand dynamics..
