Several African States are already in Debt Distress, so could Washington Tip them Over the Edge?
Trump’s second-term policies could propel the US currency higher, igniting inflation and debt costs in developing nations. One continent where the effects of a stronger dollar are expected to be felt most harshly is Africa, where nine countries are already in debt distress and 10 others are at “high risk” of insolvency, according to the World Bank. DW
Visa Inducts News Startups in its Africa Fintech Accelerator Programme
Launched in 2023 in line with Visa’s pledge to invest US$1 billion in financial inclusion in Africa by 2027, the Africa Fintech Accelerator has so far accelerated 45 startups across two cohorts, with 15 active partnerships now in place. The 23 startups that took part in the first programme last year received mentorship, technology credits, […]
