Tuesday, May 26, 2020
Rwanda will be soon be home to a hub for financial technology (Fintech), boosting start-ups in the sector. As part of this effort, a French Fintechfirm is in the process of setting up shop in Rwanda, The New Times has...
LUANDA, Jan 11 (Reuters) – Moody’s assumes the Angolan government does not intend to default on its debt after ambiguous wording in official statements, the ratings agency said in a research report. Angola this month unveiled plans to restructure its...
CAIRO - 3 January 2018: Egypt's international reserves hit an unprecedented level in December as it recorded $37.019 billion, according to the Central Bank of Egypt's (CBE) announcement on Wednesday. The record came as a result of improving sources of...
Foreign investors piled into South African government bonds ahead of a scheduled review of the country’s debt ratings by Moody’s Investors Service on Friday. Non residents were net buyers of 4.3 billion rand ($269 million) of debt on Thursday,...
The International Finance Corporation (IFC), a member of the World Bank Group, is helping finance a new tramline in Antalya, Turkey's fifth-largest urban center and largest tourism resort, part of an effort to help municipal authorities improve public transport...
Africa set to benefit significantly from blockchain initiatives African Governments Are Among the Most Open to Embracing Blockchain Technology Says Leading Industry Exponent and ensure it creates the most appealing environment for tech innovators Sandra Ro, CEO of the...
Wala, a Cape Town-based blockchain start-up, is gearing up to roll out zero-fee banking services to the unbanked and underbanked in Uganda. Founded by a pair of Americans, the company has partnered with a Ugandan microfinance institution to enable customers...
DAKAR (Reuters) - The International Monetary Fund said it is resuming loan disbursements to Chad after the Central African oil producer reached an agreement in principal to restructure its more than $1 billion debt to Glencore (GLEN.L) and four...
The risk of a reversal in the inflation drop that has characterised many of the biggest African economies in the last year, will likely mean a freeze on borrowing costs. Rate decisions across Africa in the next two weeks are...
The International Monetary Fund (IMF) said Friday it will only start lending to Zimbabwe once it clears its arrears to other multilateral creditors which include the World Bank and the African Development Bank. It however, called for concerted international effort...
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