The ZiG: Zimbabwe Rolls Out World’s Newest Currency. Here’s What To Know
Last month, Zimbabwe rolled out a new gold-backed currency called the ZiG, or Zimbabwe Gold, in an effort to mitigate the currency instability and hyperinflation that has plagued the country for decades. The country is “recalibrating its monetary policy framework to re-anchor price and exchange rate stability and to boost confidence in the local currency,” […]
TDB And BOAD Forge Partnership To Boost Trade And Development In Senegal
The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the West African Development Bank (BOAD) have signed a Memorandum of Understanding (MOU) aimed at fostering collaboration in the financing of trade and development in the TDB Group member state of Senegal. The signing took place at TDB Tower, the Group’s Operations […]
Standard Bank Awarded Leading Sustainable Bank By African Banker Magazine
Standard Bank recently won recognition for being the leading bank in Sustainable Finance from the African Banker. The African Banker Awards have entered their 18th year. They celebrate the achievements of individuals and institutions that have contributed significantly to growing and developing Africa’s financial services sector. This year’s nominees were selected from a record number of entries drawn from […]
Mastercard Accelerates Commitment To Digital Transformation In Africa
New alliance aims to enable digital access for 100 million individuals and businesses in Africa over next decade. Mastercard and the African Development Bank Group have launched the Mobilizing Access to the Digital Economy (MADE) Alliance:Africa to extend digital access to critical services to 100 million individuals and businesses in Africa over the next 10 years. The announcement was made on the sidelines of the U.S.-Africa Business Forum hosted […]
