Transaction Banking
Nigeria: Automation Will Add Forex Transparency
Nigeria’s central bank will automate foreign exchange (FX) trading starting in December, replacing the decade-old over-the-counter system to enhance transparency...
Author: Charles Wachira
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Economics, Policy & Regulation
Africa’s Chinese Trade Tie-Up
China continues to dominate trade with the continent. But overlending—and US initiatives to extend its security and investment footprint—are challenging...
Economics, Policy & Regulation
Somalia: Debt Relief Breakthrough
Somalia, ravaged by civil war, terrorism and economic hardship, is poised to receive substantial international debt relief, marking a crucial...
Economics, Policy & Regulation
Zambia: An End To Three-Year Debt Crisis?
Zambia achieved a breakthrough last month in its efforts to address the debt crisis that has plagued the country for...
Sustainable Finance
First ‘Debt-For-Nature’ Swap Complete In Gabon
A military coup overshadows Africa’s first-ever deal involving private creditors to refinance $500 million of Gabon’s sovereign debt.
Features
Africa: Digital Payments Progress
The digitization of payments is transforming African economies, but challenges remain.
News
Opaque Credit Attracts Debt Trap Criticisms
China’s tactics taint trade partnerships with Africa.
Capital Raising & Corporate Finance
New B2B Platform For Africa
Developed by the African Export-Import Bank that serves as a broker for most of the payment systems and logistics, trading on the new business-to-business e-commerce platform Africa Trade Exchange started on May 11.
Features
More Nations Seek Greater African Presence
New trading partners seek to gain sway, but former colonial powers are well-entrenched.
News
Vodacom Ruling A Win For Africa’s Inventors
South Africa'scourt sides with the inventor of "Please Call Me" at Vodacom's expense.
Capital Raising & Corporate Finance
Tyro Entrepreneur Catapults Into Top CEO Ranks
At the tender age of 26, Alex Rodrigues became the youngest current CEO of a US-based publicly traded company after the trucking software company he founded, Embark Trucks, went public on the Nasdaq stock exchange.
Supplement
South Africa: Unemployment Rises Despite Growth
South Africa faces the conundrum of widening income disparities even in times of rising growth.