Finance
Afreximbank, Africa Center to Launch Diaspora Hub at Future Africa Forum
The Africa Center and the African Export-Import Bank (Afreximbank) have announced the forthcoming launch of the...
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South Africa’s Land Bank Reaches Debt Default Resolution
In a significant development for South Africa's agricultural sector, the state-owned Land Bank has successfully reached...
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New Development Bank Sanctions $1 Billion Loan for South African Water Infrastructure
The New Development Bank (NDB), an institution founded by the BRICS group of emerging economies, has...
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Kenya Pursues Fiscal Consolidation to Reclaim Investment-Grade Status
The East African nation seeks to bolster exports and expand foreign reserves in a bid to...
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IMF Approves $820 Million Disbursement to Egypt Amid Heightened Regional Tensions
The International Monetary Fund (IMF) on Monday approved a $820 million disbursement to Egypt as part...
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Standard Bank Eyes Expansion in Angola and Nigeria
Standard Bank Group, Africa’s largest financial institution by assets, has disclosed plans to augment its...
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HSBC Considers Exit from South Africa as It Sharpens Focus on Asia
HSBC is reportedly considering the sale of its South African operations as part of a broader...
Read moreStandard Bank Group Reports 4% Earnings Growth and 8% Dividend Increase for First Half of 2024
Standard Bank Group has reported a solid financial performance for the first half of 2024, underscoring...
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Zimbabwe Introduces Stringent Penalties for Businesses Manipulating ZiG Currency
The government of Zimbabwe has instituted a raft of stringent measures aimed at curbing the manipulation...
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Urgent Reforms Needed in Global Economic Architecture to Alleviate African Challenges, Say Campaigners
The imperative to reform the international economic and financial architecture was underscored on Monday during a...
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