Angola–DRC Payment Systems Positioned to Formalise Cross-Border Financial Flows
Authorities in Angola and the Democratic Republic of the Congo say existing payment systems in both markets are functional and capable of formalizing financial flows […]
Finance
World Bank Reaffirms Backing for Nigeria’s Reforms, Stresses Role of Legislative Oversight
The World Bank has reiterated its strong support for Nigeria’s reform agenda, citing steady progress towards economic recovery and underscoring the importance of parliamentary oversight […]
Casablanca Retains Top African Financial Center Ranking, Climbs to 49th Globally
Casablanca has reaffirmed its status as Africa’s leading financial center in the 39th edition of the Global Financial Centers Index (GFCI 39), published by Z/Yen […]
World Bank Approves $550m Programmes to Boost Skills and Social Protection in Tanzania
More than three million Tanzanians are set to benefit from two new programmes backed by the World Bank, aimed at strengthening education and social protection […]
Nigeria’s Parliament Approves Expanded ₦68.3 Trillion 2026 Budget After Presidential Review
Nigeria’s Parliament on Tuesday approved a revised 68.30 trillion naira ($49.38 billion) budget for 2026, following a request by Bola Tinubu to adjust the initial […]
GCF approves $440m climate financing for Africa to drive resilience and growth
The Green Climate Fund (GCF) has approved 440 million U.S. dollars in climate financing for Africa, targeting seven projects expected to leverage an additional 1.1 […]
AfDB warns Africa’s growth outlook was already under strain before Iran conflict
On 30 March 2026, the African Development Bank (AfDB) reported that risks to Africa’s economic growth were skewed to the downside even before the outbreak […]
South Africa targets R2 trillion investment drive as sixth ‘Investment Conference’ opens
South Africa is set to host its sixth Investment Conference on Tuesday, March 31, 2026, as President Cyril Ramaphosa leads efforts to position the country […]
Zambia Records Steady 3.8% Economic Growth in 2025
Zambia’s economy expanded by 3.8 percent in 2025, maintaining the same growth rate recorded in 2024, according to preliminary figures released on March 26, 2026, […]
Nigeria Records 90% Surge in Capital Inflows in 2025 as Investors Chase High Yields
Capital inflows into Nigeria surged by nearly 90% in 2025, signalling renewed investor appetite, largely anchored in high-yield opportunities within the country’s financial markets. According […]