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Standard Bank is proud to announce the launch of Reach, an innovative digital platform poised to revolutionise the management of syndicated loans. Reach is a global first, offering unparalleled simplicity, transparency, and convenience in syndicated loan administration. This cutting-edge platform, designed specifically for syndicated loan participants, facilitates seamless execution and engagement throughout the loan lifecycle. […]
...The Kenyan music landscape is as diverse as it is dynamic, with artists continually pushing the boundaries of creativity to produce music that resonates with both local and global audiences. Among these artists, Gabiro Mtu Necessary has consistently demonstrated his prowess as a musician, songwriter, and cultural commentator. Today, he cements his place as one […]
...Nigeria’s President Bola Tinubu is set to visit China next week, where he will meet with Chinese leader Xi Jinping to discuss cooperation on the economy, agriculture, and satellite technology between the two countries. The visit is part of the China-Africa Cooperation Summit, which will see Tinubu and other African leaders engage with China on […]
...Nigeria has freed six Polish students and a lecturer from Warsaw University whom it detained earlier this month during anti-government protests in Kano. The group, in Nigeria as part of a program to study the Hausa language, was arrested for reportedly carrying Russian flags during the political protests that rocked the country earlier this month. […]
...Ethiopia has significantly increased electricity production from the Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile, more than doubling its output from 750 megawatts to 1,550 megawatts after two additional turbines became operational. The dam, now fully transitioned from construction to operation, has long been a point of contention with downstream nations Egypt and […]
...Rwanda’s ambitious urban transformation, particularly in Kigali, highlights a tension between modern development and the preservation of social memory in a post-genocide society. The city’s master plan, aiming for completion by 2050, has led to the demolition of informal settlements, displacing residents and disrupting long-established communities. While the vision for Kigali includes creating a “green […]
...The US and the UN are urging diplomacy to resolve the escalating conflict over control of Libya’s central bank, as rival factions vie for dominance. The Tripoli-based government, led by Abdul Hamid Dbeibah, recently dismissed long-serving governor Sadiq al-Kabir, sparking tensions with the eastern administration, which opposes the move. The bank, holding $27 billion in […]
...The UN Security Council is considering placing sanctions on two generals from Sudan’s Rapid Support Forces (RSF) for their roles in the country’s ongoing conflict. The sanctions, proposed by the United States, target RSF operations head Osman Mohamed Hamid Mohamed and West Darfur Commander Abdel Rahman Juma Barkalla. The sanctions will see both men banned […]
...Spain’s Prime Minister Pedro Sánchez visited Gambia on Wednesday, as part of a West African tour aimed at curbing irregular migration to Spain’s Canary Islands. During his visit, Sánchez met with Gambian President Adama Barrow. Following their meeting, he revealed that both countries had agreed to enhance cooperation on security and legal migration. However, he […]
...Botswana’s discovery of a 2,492-carat diamond, the world’s second-largest gem-quality stone, at Lucara Diamond Corp’s Karowe mine, highlights a paradox in the nation’s economic landscape. While diamonds have transformed Botswana from one of the world’s poorest nations into an upper-middle-income country, the nation remains heavily dependent on this single commodity, which accounts for 80% of […]
...South Africa is investigating over $7 billion in alleged corruption at state-owned companies, according to a new report by the Special Investigative Unit (SIU). The investigations, some ongoing since 2018, involve a slew of state-owned entities like Transnet, Eskom, and South African Airways. At Transnet alone, the SIU is investigating about 60 suspicious contracts worth […]
...Namibia has announced plans to cull over 700 wild animals, including elephants, zebras, and hippos, to address its severe food insecurity. The country, like its southern African neighbors, is facing devastating drought conditions driven by the El Niño weather pattern and exacerbated by climate change, leading to widespread crop failures. The culling, announced by the […]
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