Capillary Technologies India announced the appointment of Sumit Kumar as President of the Middle East, Africa & India. With this appointment, Capillary strengthens its leadership team and reinforces its commitment …
AfricaAFRICA NEWSEconomy
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Economy
The Republic of Mauritius is preparing to host the U.S.–Africa Business Summit this July, a major economic gathering that further underscores the rising international focus on Africa as one of …
CRDB Bank has added another major milestone to its growing list of continental achievements after being named the “Best Trade Partner Bank East Africa 2026” by the International Finance Corporation …
High-stakes trade negotiations convened by the World Trade Organization (WTO) in Yaoundé collapsed in the early hours of Monday, after deep-seated divisions among member states derailed attempts to reach consensus …
The African Development Bank Group has approved a $5.65 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to pilot a new financing mechanism intended to expand clean …
In a continent that pioneered mobile money and leads the world in its use, the inability to move funds seamlessly across African borders remains one of the most striking contradictions …
The United States-Israeli war in the Islamic Republic of Iran is shattering Africa’s economic landscape and leaving emotional devastation. Europe is fractured, but completely. France has taken the initiative to …
The International Monetary Fund (IMF) has revealed that governments across sub-Saharan Africa are increasingly relying on domestic borrowing to finance public spending as access to foreign loans becomes more difficult. …
- AfricaAFRICA NEWSEconomy
Shoprite targets South Africa’s informal economy with majority stake in payments firm
The Shoprite Group is expanding its footprint in South Africa’s informal retail sector following an agreement to acquire a majority stake in payments technology firm R&A Cellular, a move aimed …
The Nigerian Communications Commission (NCC) has directed mobile network operators and other communications service providers to report any cyberattack within four hours of detecting it as part of efforts to …