Most Recent World News

Kenya’s New Wealth & Infra Funds: A Path Out of Debt or a Risky Gamble?

Kenyan President William Ruto has unveiled plans to establish a sovereign wealth fund alongside an infrastructure fund, a move aimed at attracting investment into critical sectors while steering the country.

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Waiting on AGOA: How Currency Markets Brace for Trade Shock in Africa

Global markets often react to policy decisions long before their full economic effects are felt. For many African economies, the African Growth and Opportunity Act (AGOA) has functioned for a.

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What Does Minimum Wage Tell Us About Africa’s Economic Future?

When you think about the minimum wage, the concept seems simple: it’s the lowest pay a worker should legally earn to cover basic needs like food, shelter, and healthcare. But.

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Why Nigeria’s Central Bank Slashes MPR to 27%

Nigeria’s Central Bank has broken a long spell of monetary rigidity. At its 302nd Monetary Policy Committee (MPC) meeting, the Bank trimmed the Monetary Policy Rate (MPR) by 50 basis.

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What Happened at Africa’s 2nd Climate Summit in Ethiopia?

For decades, Africa has been portrayed as the victim of climate change, its lands scarred by droughts, floods, desertification, and deepening food insecurity. Yet, at the Second Africa Climate Summit.

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How Japan’s $1.5 Billion Africa Push Reshapes Green Finance

Japan is quietly but decisively deepening its footprint in Africa. In a continent long shaped by Chinese investment, Western aid, and increasing Gulf capital, Japan is carving out its own.

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The Rise and Risk of Digital Credit in Africa

Over the past decade, digital credit has dramatically transformed financial ecosystems across the world. In developed markets, Buy Now, Pay Later (BNPL) platforms like Klarna, Affirm, Afterpay, and China’s Alipay.

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South Africa Lands $474.6M AfDB Funding for Infrastructure Modernisation

South Africa has received a crucial financial boost from the African Development Bank (AfDB), with the approval of a $474.6 million loan aimed at overhauling its deteriorating transport and energy.

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Strengthening African Currencies: A Key to Long-Term Economic Resilience in Volatile Global Markets

In an era marked by global economic volatility—driven by geopolitical conflicts, trade tensions, and fluctuating commodity prices—African nations are increasingly recognising the vital importance of having strong, stable currencies. A.

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Mobile Money in Ghana: Transaction Boom and Future Prospects

Mobile money has transformed the way Ghanaians conduct financial transactions, making cashless payments more accessible than ever. What was once a niche service has become a dominant force in the.

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