Zimbabwe launches a new local currency
El gobierno de Zimbabue lanzará una nueva moneda. Esta medida busca poner fin a la crisis monetaria y reemplazar...
Senegal: Oyass Capital fund raises $57 million to finance local SMEs.
Agence Ecofin – Oyass Capital apunta a 50 mil millones de FCFA (82,1 millones de dólares) en total. El...
Ghana. Towards solid growth.
Después del Fondo Monetario Internacional, es el turno del Banco Mundial (BM) de desbloquear un préstamo de 300 millones...
Burundi: slight economic rebound expected in 2024, according to the IMF.
La economía de Burundi se espera que crezca un 4,3% este año, en comparación con el 2,7% en 2023,...
The African Development Bank (AfDB) grants a loan of 74 million euros to Senegal to boost internal resources and support the industry.
La Junta Directiva del Grupo del Banco Africano de Desarrollo otorgó, el 1 de diciembre de 2023 en Abiyán,...
Morocco: Transactions: Contactless payment is on the rise in Africa.
Since the health crisis, contactless payment has become a no-brainer for many consumers. More of...
Budget Law 2024. The public sector invests considerably
The total investment effort of the public sector amounts to 335 billion dirhams (MMDH) for the year...
Saudi Arabia grants 500 million dollars to Tunisia
Saudi Arabia will provide $500 million in "concessional loan and grant" to Tunisia, which faces a...
Egypt: Fintech startup Blnk raises US$23M to boost financial inclusion.
EGYPT – Blnk, a fintech startup that enables instant consumer credit in Egypt, has raised US$23.7 million...
Uganda: Digital payments service provider Cellulant will commence operations.
UGANDA – Kenya-founded digital payments service provider Cellulant has obtained a license from the Bank...
Kenya undertakes major reforms
Kenya just got a billion dollar loan from the World Bank. This financing has been approved...
Zimbabwe: it will launch a gold-backed digital currency to stabilize its depreciating fiat currency.
Given the lack of trust of Zimbabweans in the national currency, the government decided to introduce a digital currency...
Moroccan GDP will grow by 3.2% in 2023
The report's data shows that Morocco has demonstrated its economic resilience despite significant challenges such as...
Uganda: The economy grew by 6.8% in the first half, compared to 3.7% in the same period of the previous year.
The Ministry of Finance notes that the easing of inflationary pressures is expected to contribute to reaching the...
Ivory Coast could soon benefit from $2.6 billion in financing from the IMF to support the Government's economic program.
The consequences of the Ukraine crisis, which led the Ivorian government to increase subsidies to reduce...
Financial inclusion: Queen Máxima of the Netherlands concludes her visit to Morocco
Queen Máxima met with several Moroccan Government officials and private sector leaders. Queen Maxima...
Senegal will negotiate a new aid program with the IMF
The International Monetary Fund (IMF) and the Senegalese government will begin negotiations for a new support program, announced...
Money laundering: Morocco leaves the FATF gray zone
The group is pleased that the Kingdom has fully fulfilled its commitments in the fight against...
Morocco is the second largest recipient of EIB investments in North Africa
The European Investment Bank injected 2.5 billion euros to support the development of the Moroccan economy in...
South Africa: a tax system to promote clean energy
The South African Government announced tax exemptions on Wednesday to make investment in clean energy production attractive,...
Uganda: Is Islamic banking the next gold mine for Uganda?
The performance of the Ugandan banking sector weakened during the period 2011-2014 due to turbulent economic challenges, and...
Africa is the only major region in the world where fintech transactions increased in 2022
While fintech transactions fell by 8 1TP3Q worldwide in 2022, Africa was the only...
Africa: Fintech reaches adulthood.
At the center of Africa's rapidly evolving technology ecosystem is the technology startup sector...
Niger: The African Development Fund contributes $16 million to the development and inclusion of the country's financial sector.
The African Development Bank is promoting improved access to financial services for rural residents...
Uganda: The African Development Bank Group allocates $301 million to improve the railway and regional trade
The African Development Bank will provide $300 million to rehabilitate broad gauge railway lines...
Gabon ranks as Africa's richest country for second year in a row
Gabon's GDP per capita is expected to grow by 8.1 % annually over the next 10 years...
Gambia will benefit from 68 million dollars from the World Bank to boost its tourism
Between 2014 and 2019, tourism in The Gambia boomed, going from 156,000 visitors to 620,000...
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