Friday, October 31, 2025 - 08:09:55
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The new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings (www.Afreximbank.com) in Abuja, Nigeria, […]
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In a landmark decision set to shape Africa’s financial future, Dr. George Elombi, a seasoned Cameroonian lawyer and long-serving executive, has been appointed as the next President and Chairman of the Board of the African Export-Import Bank (Afreximbank). His appointment was confirmed during the bank’s annual general meeting on June 28, 2025, in Abuja. Dr. […]
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In a first for the continent, Standard Bank Corporate and Investment Banking is the first authorised bank to offer transactions through China’s Cross-Border Interbank Payment System (CIPS). The bank was recently granted license to offer CIPS transactions at this year’s Lujiazui Forum. The Forum was created as a high-level global platform for government officials, world […]
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History suggests that in an environment of low growth and high inflation, stocks may not perform as poorly as investors fear. By Duncan Lamont, CFA, Head of Strategic Research at Schroders. Fears are rising that the global economy could be heading in a stagflationary direction – one where economic growth is weak and inflation high. Tensions […]
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By Thashim Seechoonparsad, Acting: General Manager – Professional Talent Solutions at Workforce Staffing South Africa’s FinTech landscape is booming. As the continental leader accounting for a significant 40% of Africa’s fintech revenue, the sector is primed for exponential growth, projected to reach USD 14.86 billion by 2033. This growth is under threat, however, as the growing skills gap […]
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Africa contributes only about 4% of the world’s greenhouse gas emissions. The continent consumes the least energy for each person, compared with other regions of the world. With over 560 million people who don’t have access to electricity, Africa has the lowest rate of energy access in the world.The continent also has the most rapid […]
...Both Moody’s and S&P are negative about South Africa sovereign credit rating and some say that Cosatu say the Monetary Policy Committee missed to kick start the economy when it chose to hold rates. The Reserve Bank will be releasing its business cycle indicator for September, this Tuesday & RMB/BER Business Confidence Index is out […]
...Advancing projects to bankable stages, raising capital and connecting investors to unique opportunities is setting the tone for the Africa Investment Forum. Ada Osakwe, CEO of Agrolay Ventures, Jude Chiemeka, Head of Trading Business Division of the Nigerian Stock Exchange, and Dave Uduanu, CEO of Sigma Pensions join the CNBC Africa panel discussion for the […]
...CNBC Africa sits down with the President of the Africa Development Bank, Akinwumi Adesina to discuss the 2nd outing of the African Investment Forum and the expected impact on the continent.
...This year was the 25th since the Rwandan Patriotic Front liberated the country, stopping the 1994 genocide against the Tutsi. During the period, special focus was put on reconciliation and economic revival.
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