Backbase and African Banker Publish Landmark Report on SME Banking – Africa’s Next Growth Segment
LONDON, 16 October 2025-/African Media Agency (AMA)/- Backbase, the global leader in AI-powered Banking technology, in partnership with African Banker magazine, has released the second edition of the Africa Digital Banking Experience Series 2025. This latest report, Small Business Banking: Africa’s Next Growth Segment, highlights how African banks are reimagining their role in supporting small and […]
His Excellency Paul Kagame To Join MWC25 Kigali Opening Ceremony Once Again, For The Third Consecutive Edition Of MWC
The GSMA is pleased to share that His Excellency Paul Kagame, the President of the Republic of Rwanda, will formally open MWC25 Kigali on 21 October at the Kigali Convention Centre in Rwanda for the third consecutive edition of the event. “We are delighted and honoured to welcome His Excellency Paul Kagame to MWC Kigali […]
From Argentina to Nigeria: G-24 handover signals new era for developing nations
Nigeria has taken over the chairmanship of the Intergovernmental Group of Twenty-Four (G-24) from Argentina, with its tenure set to begin on November 1, 2025. The G-24 is a prominent coalition of developing nations across Africa, Asia, Latin America, and the Caribbean. It coordinates the countries’ positions on global financial and development issues. Speaking at the […]
Madagascar military leader to take power as AU suspends island nation
Madagascar has been suspended by the African Union following a military coup that ousted President Andry Rajoelina. The nation’s political crisis culminated when an elite army unit seized power shortly after parliament voted to impeach the president. Colonel Michael Randrianirina, the coup leader who has been confirmed as president by the nation’s top court, will be sworn […]
Congo’s former president leads opposition push from Nairobi
Former DR Congo President Joseph Kabila has emerged from self-imposed exile to rally opposition leaders in Nairobi, Kenya, in an effort to “save” the country from what he calls the dictatorship of President Félix Tshisekedi. The two-day meeting brought together 12 opposition and civil society groups, including former Prime Minister Augustin Matata Ponyo. The coalition outlined a […]
Centralized gold trading boosts Ghana’s economic recovery, says bank chief
Ghana’s central bank has successfully rebuilt its foreign exchange reserves after a severe 2022 crisis, according to Governor Johnson Asiama. He credits a new state-run gold trading body, known as the GoldBod, for this significant turnaround. Established in March, this initiative centralizes the purchase and export of gold, ensuring that an estimated $8 billion in foreign earnings […]
Morocco defeats France to reach first-ever U-20 World Cup final
Morocco’s Under-20 team, the Atlas Cubs, has made history by reaching their first-ever FIFA U-20 World Cup final after a dramatic penalty-shootout victory over France following a 1-1 draw in regular time. The game was a rollercoaster, featuring an early Moroccan penalty, a French equalizer, a crucial injury to Morocco’s starting goalkeeper, and a late red card […]
Mchunu’s fall from grace deepens ANC’s leadership crisis
A major political scandal is unfolding in South Africa, threatening the future of a key leader and further destabilizing the ruling African National Congress (ANC). Suspended Police Minister Senzo Mchunu, once seen as a potential successor to President Cyril Ramaphosa, faces accusations of sabotaging investigations into political assassinations and overstepping his authority. He has denied any wrongdoing […]
Mnangagwa’s power bid sparks turmoil in Zimbabwe’s ruling party
A fierce power struggle is intensifying within Zimbabwe’s ruling Zanu-PF party, centered on a controversial plan to postpone the 2028 presidential election. Supporters of President Emmerson Mnangagwa are lobbying for the delay, a move that would effectively extend his tenure beyond constitutional term limits, under the “ED2030” initiative. This has put him on a direct collision […]
US business lobby urges bigger stake in Africa’s critical minerals
A powerful Washington business lobby is urging US policymakers to take a more direct financial role in African mining to secure critical mineral supply chains and counter Chinese influence. In a new report, the US Chamber of Commerce advocates for allowing government agencies like the International Development Finance Corporation (DFC)—which manages a $60 billion budget for global […]
