Dr Sidi Ould Tah, a renowned economist and national of Mauritania, has been elected as the new President of the African Development Bank (AfDB). He will take over from Nigeria’s …
Zambia’s Central Bank has decided to keep its main interest rate unchanged at 14.50 percent. This decision comes after two recent hikes in the rate aimed at controlling high inflation …
The United Arab Emirates (UAE) has now become the biggest foreign investor in Africa’s new business projects, with a total commitment of $110 billion between 2019 and 2023. Out of …
The President of the African Development Bank (AfDB) Group, Dr Akinwumi Adesina, has again made a strong case for increased global investment in Africa, saying the continent remains one of …
Despite its growing population, expanding middle class, and rising entrepreneurial spirit, Africa continues to face a major roadblock to investment and sustainable growth: the lack of reliable data. Bernard Laurendeau, …
Standard Bank Group, Africa’s biggest bank by assets, has raised its sustainable finance targets by 80% to R450 billion in the next three years. This move is part of the …