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Standard Bank Group has once again demonstrated its financial strength and commitment to growth, reporting headline earnings of R22.0 billion and a return on equity of 18.5% for the first half of 2024. This performance is driven by the bank’s expanding client base, increased digital adoption, and strategic capital allocation. Financial Highlights: Headline earnings: R22.0 […]
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The Ethiopian Skylight Hotel in Addis Ababa was abuzz with energy and innovation on August 14th, 2024, as the 15th Edition Connected Banking Summit – Ethiopia Innovation & Excellence Awards 2024 brought together more than 300 global executives, industry leaders, and experts. This year’s summit, themed “Bolstering the Economy with Digitization and Financial Inclusion,” emphasized […]
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Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East. The collaboration will alleviate key technical and commercial barriers to entry that fintech companies, aggregators, enablers, payment service providers (PSPs) and telcos face when launching payment programs – enabling them to focus on […]
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NAIROBI, Kenya, 21st August 2024/African Media Agency/-The Africa Fintech Summit is pleased to announce Interswitch Group as Gold Sponsor for the Africa Fintech Summit (AFTS) 2024 to be held in Nairobi, Kenya from 4-6 September, 2024. The partnership comes at a time of significant expansion of Interswitch’s operational footprints across the continent, on the back […]
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As Africa’s energy sector deregulates, exciting opportunities open up for financial innovation to benefit consumers. Private-sector buyers and traders can mitigate default risk and provide certified green energy at lower cost, writes Ana Hajduka, founder and CEO of Africa GreenCo. Africa’s renewable energy potential is undeniable, but it remains largely untapped. The problem is that […]
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The highly popular Namibia Oil & Gas Conference (NOGC) returns to Windhoek from 20-22 August for the second year. This innovative, thought-provoking conference offers two days of strategic discussions, excellent networking opportunities, insightful conversations and more than 60 speakers. Running under the theme, The Next Step Towards A Prosperous Oil And Gas Industry To Power […]
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Tanzania has experienced a remarkable surge in investment projects during the first half of 2024, registering 409 projects valued at $3.09 billion. This represents a significant increase from the previous year, with the Tanzania Investment Centre targeting 293 more projects than were achieved in the 2023/24 fiscal year. Of the 409 projects, 385 are new, […]
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The Democratic Republic of Congo (DRC) is set to break ground on its first deep-sea port thanks to a partnership between the Emirati logistics company DP World and British International Investment Plc (BII). The project will be located at the Port of Banana where the Congo River meets the Atlantic Ocean. The new port will […]
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The Kenyan government has announced plans to reintroduce some of the tax measures proposed in the now-scrapped controversial Finance Bill that sparked the deadly June protests. With the new bill, the government aims to raise $1.2 billion to pay for expenditures, including teachers’ salaries. Finance Minister John Mbadi announced the plan, stating that the government […]
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Ghana’s ruling New Patriotic Party (NPP) has launched its manifesto ahead of the elections, focusing on job creation and economic development. Vice President Mahamudu Bawumia, the NPP’s presidential candidate, unveiled the document at a lively event in Takoradi, emphasizing the party’s commitment to tackling unemployment and empowering the youth. The manifesto promises to improve infrastructure […]
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Malawi’s main opposition party, the Democratic Progressive Party (DPP), has endorsed former President Peter Mutharika as its candidate for the 2025 presidential election. He will compete against incumbent President Lazarus Chakwera of the Malawi Congress Party, who seeks a second term. During his acceptance speech, Mutharika said that he and his party would fix the […]
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Recent youth-led protests across Africa reflect growing frustration among young people towards the ruling political class, whom they blame for missed economic opportunities and rampant corruption. These demonstrations highlight the generational divide and a demand for change from Kenya to Uganda. In Kenya, protests against high taxes and corruption led President William Ruto to withdraw […]
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