Finance
AfDB Opens 60th Annual Meetings in Abidjan with Focus on Capital Efficiency
The 60th Annual Meetings of the African Development Bank Group (AfDB) commenced on Tuesday, 27 May...
Read moreDetails
Standard Bank and InnoVent SAS Advance Southern Africa’s Renewable Future with Landmark Wind Energy Investment
Standard Bank, the largest financial institution in Africa by assets, has joined forces with French renewable...
Read moreDetails
African Development Bank to Elect New President as U.S. Plans Major Funding Reduction
The African Development Bank (AfDB), the continent’s premier multilateral development institution, is set to elect a...
Read moreDetails
South African Finance Minister Re-Tables 2025 Budget Without VAT Increase
South African Finance Minister Enoch Godongwana on Wednesday reintroduced the 2025 national budget to Parliament, formally...
Read moreDetails
Visa and Bridge Expand Stablecoin Use Through Card-Issuing Partnership Across Latin America
Visa Inc. has announced a new partnership with Bridge, a stablecoin orchestration platform and a subsidiary...
Read moreDetails
Finance Minister Godongwana Rejects Calls to Resign Following VAT Policy Reversal
South African Finance Minister Enoch Godongwana has confirmed he will not resign despite mounting political pressure...
Read moreDetailsIMF Revises South Africa’s Growth Forecasts Following Tariff Concerns
The International Monetary Fund (IMF) has revised downward its economic growth forecast for South Africa, reducing...
Read moreDetails
World Bank to End Nuclear Lending Ban Under Banga’s Energy Reform Push
World Bank President Ajay Banga has reaffirmed his intent to lift the institution’s long-standing prohibition on...
Read moreDetails
IMF Approves $370 Million Disbursement to Ghana Following Strong Economic Reform Progress
The International Monetary Fund (IMF) and the Government of Ghana have jointly announced the successful conclusion...
Read moreDetails
COMESA and World Bank Unveil £2 Billion Digital Access Programme to Empower 180 Million in Eastern and Southern Africa
In a landmark initiative designed to transform the digital landscape of Eastern and Southern Africa, the...
Read moreDetails