Africa

The African Women Impact Fund is Launching a $60M Commitment

The African Women Impact Fund (AWIF) Initiative has received its initial commitment of USD$60 million,…

Africa Outlier Angola Cuts Key Rate for First Time Since 2019

Angola’s central bank cut its benchmark interest rate for the first time in more than…

Biden’s Appeal to Africa on Ukraine Falls Flat at the UN

The US and its allies used the first UN General Assembly since the invasion of…

African Banks Face “Very Difficult” 12-18 Months – Fitch

The next 12 to 18 months will be “very difficult” for African banks as widespread…

Angolan Capital Market Traded 900 B Kwanzas Up to August

Transactions on the Angolan capital market until August totalled 907.33 billion kwanzas (2.2 billion euros),…

Africa is Poised to Drive the Next Iteration of Tech Innovation

In its recent Q2 2022 Domestic Product Report, Nigeria’s National Bureau of Statistics identified that…

One Hundred African Start-Ups Have Already Raised their First Million

Over the past three years, the profile of start-ups on the continent that have reached…

Afreximbank Dangles US$6B for Africa’s Food Security

To foster Africa’s food security, continent’s Export-Import Bank (Afreximbank) has staked US$6 billion in development…

Mastercard Foundation Scholarship Programme Celebrates a Decade Dedicated to Developing Young Leaders

The Mastercard Foundation Scholarship Program has benefited nearly 40,000 young people and by 2030 will…

Climate and Conflicts: Will Africa’s Food Insecurity Get Worse?

From the war in Ukraine, conflicts in the Horn of Africa, to low intra-continental trade…