Energy FeaturedAfDB approves $27.2 mn loan for solar project in EgyptPritam BordoloiMarch 11, 2021 by Pritam BordoloiMarch 11, 2021 The project will be developed by ACWA Power and is expected to cost around $156.4 mn... Read more
Economy FeaturedSouth Africa’s economy contracts for the first time in 11 yearsWebAdminMarch 10, 2021 by WebAdminMarch 10, 2021 South Africa’s GDP shrank 7%, compared with a 0.2% expansion in 2019... Read more
Banking FeaturedSterling Bank adds new lending feature to its digital banking platformWebAdminMarch 8, 2021 by WebAdminMarch 8, 2021 Ajo Scheme is the digital construct of Ajo, Esusu and Adashe... Read more
Economy FeaturedKenya-US to resume talks on a bilateral trade agreementWebAdminMarch 3, 2021 by WebAdminMarch 3, 2021 Talks between the two nations were on hold due to the US Presidential election... Read more
Featured Ports and ShippingDP World begin operations at the Port of LuandaWebAdminMarch 2, 2021 by WebAdminMarch 2, 2021 In January, DP World signed a 20-year concession agreement to develop the port... Read more
Featured FintechEgyptian fintech Thndr allows users to trade in mutual fundsPritam BordoloiMarch 1, 2021March 1, 2021 by Pritam BordoloiMarch 1, 2021March 1, 2021 The startup has partnered with Azimut Egypt, the local investment art of Azimut Group... Read more
Business Leaders FeaturedIFC appoints World Bank’s former vice presidentWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021 Makhtar Diop will be the first African to lead the International Finance Corporation... Read more
Banking FeaturedTanzanian banking sectors shows resiliencePritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021 The country has about 50 banks with approximately 840 branches including 23,500 agents... Read more
Economy FeaturedGlobal Copper price surge to boost Zambian economyInternational Finance Business DeskFebruary 17, 2021February 17, 2021 by International Finance Business DeskFebruary 17, 2021February 17, 2021 The Democratic Republic of Congo is the largest producer of copper in Africa followed by Zambia... Read more
Banking FeaturedEcobank Transitional appoints Herve S. Assah as non-executive directorPritam BordoloiFebruary 11, 2021 by Pritam BordoloiFebruary 11, 2021 Mr Herve S. Assah has served in senior positions for more than two decades at the World Bank and has been managing partner of Aequaria Capital... Read more