Global Finance Magazine

Global news and insight for corporate financial professionals

Global news and insight for corporate financial professionals

Africa

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COMESA free trade area. Common Market for Eastern and Southern Africa members flags on spheres. 3D rendering

News

Newest Cross-Border Payment System Goes Live

The 21 member states of the Common Market for Eastern and Southern Africa (COMESA) can now trade directly in local currencies rather than the US dollar via its recently launched Digital Retail Payments Platform (DRPP), which went live on October 9.
Business analysis, strategy and planning concept. Businessman, finance analyst working on digital tablet, business data and economic, economic growth, financial graph chart, stock market report

Awards

World’s Best Digital Banks 2025: Round II

The global financial industry is being radically shaped by three core forces: industrialization of AI; development of expansive digital ecosystems; and refreshed emphasis on providing secure, customer-centric digital services.
Sponsored Content

Standard Bank: Reimagining Transaction Banking in Africa

Crosby Mkhwanazi, Head of Transaction Banking at Standard Bank’s Corporate and Investment Banking division, talks to Global Finance's Founder and Editorial Director, Joseph Giarraputo, about the capabilities, innovations and solutions that can empower clients with fast and agile payment solutions that also offer improved reliability and security.

Economics, Policy & Regulation

Madagascar: A Country In Crisis

On September 11, the International Monetary Fund (IMF) warned that Madagascar was living beyond its means. Grappling with major shocks clouding the economy, the country’s spending was far beyond its tax collections.
Central Banker Report Cards Africa

Economics, Policy & Regulation

Central Banker Report Cards 2025: Africa

Global central banks face inflation challenges in 2026 but disagree on the right approach. Global Finance reveals the 2025 Central Banker Report Cards in Africa.
Africa sub-custody

Award Winners

Best Sub-Custodian Banks In Africa 2025

On the African continent, regional winner Standard Bank continues to enhance its business model to better support its extensive franchise with robust systems and capabilities. The bank’s Investor Services division operates the largest sub-custody network in sub-Saharan Africa, spanning 16 countries.
Innovation Africa

Award Winners

The Innovators 2025: Africa

The banking sector saw a surge in AI integration for tasks ranging from asset tracing to debt recovery, raising the bar for innovation. Global Finance announces the 2025 Innovators from Africa.
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