Africa

Economy

Mozambique’s Debt Crisis Deepens as Growth Stalls and Pressures Mount

Finance

Kenya’s ATM Withdrawals Plunge 84% as Cashless Economy Accelerates

Banking, Finance

4 Nigerian Banks Process $208 Billion in Mobile Transactions Last Year as Digital Shift Gains Ground

Finance, Investment

Uganda Forex Reserves Surge Nearly 70% on the Back of Strong Foreign Investment Inflows

Manufacturing

South Africa Factory Activity Rebounds in April as Demand Picks Up

Banking, Finance

Ghana’s Ruling MPs Reject Claim Central Bank is Insolvent 

Banking, Finance, Oil

Top Nigerian Banks Cannot Pay Dividends as Nestoil Bad Debt Triggers Industry Shock

Cybersecurity

Opinion: Cybersecurity awareness in Africa must become capability 

Banking, Finance

I&M Bank’s $155 Million Bond Bet Comes as Credit Demand Rises

Banking

Commercial Bank of Ethiopia Deposits Top $37 Billion in 9 Months

Banking, Finance

Ethiopia’s Largest Private Bank Shares Begin Trading on ESX

Finance

Botswana Central Bank Delivers Sharp 200 Basis Points Rate Hike

Banking, Finance

Kenyan Bank, Equity Group, Targets Southern Africa Deals to Power Next Growth Phase

Banking, Finance

Standard Chartered, IFC Launch $300 Million Push to Fix Africa’s Trade Finance Gap

Technology

Amazon Has Joined the Battle for Kenya’s Sky

Banking, Finance

Absa’s $5.5 Million Workforce Cut Mirrors a Global Banking Reset

Aerospace

This Aerospace Engineer Believes Kenya Can Be A Space Gateway

Banking, Finance

Egypt Banking Sector Records 400 Percent Surge in SME Financing

Banking, Finance

Kenya’s Biggest Banks Have Rejected CBK’s New Lending Benchmark

AI

South Africa Pulls AI Policy After Fake Sources Scandal Erupts

Banking, Finance

Something Is Happening to Nigerian Banks Barely a Month after Ambitious $3 Billion Recapitalisation