Malawi’s pension industry recorded impressive growth in 2024, with assets rising to K3.8 trillion, representing a 29.7 percent increase from 2023, according to the Financial Institutions Annual Report 2024 released …
Category:
Banking, Finance & Investment
-
-
BusinessDigital EconomyFinancial InclusionInfrastructureINVESTMENTNewsSouth Africa
Africa Data Centres Secures Level One B-BBEE Status, Driving Inclusive Growth in South Africa’s Digital Economy
Africa Data Centres, a subsidiary of Cassava Technologies, has achieved a major milestone after being awarded a Level One B-BBEE (Broad-Based Black Economic Empowerment) certification in South Africa. This is …
-
African DevelopmentBusinessDiplomacyEconomyEgyptInternational RelationsINVESTMENTNewsTrade
Egypt’s Prime Minister Heads to Japan for Africa Development Talks at TICAD 9
Egyptian Prime Minister Mostafa Madbouly has travelled to Japan to take part in the ninth Tokyo International Conference on African Development (TICAD 9), a major global forum focused on Africa’s …
-
BankingEconomyFinanceGovernment PolicyINVESTMENTMiddle east
Egypt to Issue Domestic Sukuk in First Half of New Fiscal Year
Egypt is preparing to issue domestic Sukuk within the first half of the 2025/2026 fiscal year, according to Finance Minister Ahmed Kouchouk. The announcement was made during a panel discussion …
-
AfricaBankingDigital TransformationEconomyINVESTMENTTechnology
Egypt to Launch First Fully Digital Bank in 2026
Egypt is preparing to make history in its financial sector as the Central Bank of Egypt (CBE) has given the green light for Banque Misr’s Misr Digital Innovation (MDI) to …
-
Banking, Finance & InvestmentEconomyEgyptGOVERNMENTInflationInternational RelationsINVESTMENTUncategorized
Egypt Moves to Raise Dollar Inflows, Support Economy
President Abdel Fattah El-Sisi has given a new directive to the Central Bank of Egypt, asking the regulator to intensify efforts to raise dollar proceeds from within the country while …
-
BusinessCapital MarketINVESTMENT
Industrial & Medical Gases Nigeria Plc Unveils N6.39bn Rights Issue to Fund Expansion
Industrial & Medical Gases Nigeria Plc has announced the launch of a N6.39bn rights issue aimed at strengthening its market position and supporting ongoing expansion projects. In a statement issued …
-
BusinessEconomyFinanceGovernment PolicyINVESTMENT
Naira Faces Weak Start but Experts Predict Stability Ahead
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
-
AviationBusinessEconomyINVESTMENTSouth AfricaTransportation
Mango Airlines Faces Final Shutdown as Rescue Deal Collapses
Mango Airlines, South Africa’s low-cost carrier, is on the verge of shutting down for good after its last hope of survival collapsed. The investor expected to revive the struggling airline …
-
AfricaBusinessEconomyINVESTMENTMiningNews
Saudi Consortium Gets Approval to Acquire Barloworld in R23 Billion Deal
A consortium led by Saudi Arabia’s Zahid Group has received the green light from South Africa’s Competition Tribunal to acquire Barloworld in a deal worth R23 billion. The transaction, which …