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World Bank’s IFC Launches $700 Million Plan to Expand Digital Payments in Emerging Markets.

The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, said on September 9 it has launched…

Trump Administration to Lend Nearly $100 Million to Africell to Counter Huawei in Africa.

The Trump administration will lend nearly $100 million to Africell, Africa’s only American-owned telecoms firm, as it seeks to counter…

Islamic Development Bank Institute, Mauritius Foundation Hold International Waqf Conference.

The Islamic Development Bank Institute (IsDBI) and the Awqaf (Mauritius) Foundation (AMF) concluded a three-day International Waqf Conference in Port…

Nigeria’s Central Bank Makes Terrorism Financing a Top Supervisory Priority.

The Central Bank of Nigeria (CBN) said on Tuesday it has designated terrorism financing risk a current supervisory priority, tightening…

Nigeria’s Sunbeth Global Concepts Redeems 25.1 Billion Naira Commercial Paper.

Sunbeth Global Concepts Limited, a Nigerian agro-commodities exporter, said it had fully redeemed 25.1 billion naira ($16.7 million) in Series…

Tanzania Prepares State-Owned Bank for Stock Exchange Listing.

Tanzania’s government is preparing Tanzania Commercial Bank (TCB) for a listing on the Dar es Salaam Stock Exchange (DSE), the…

ECOWAS Reviews Progress Towards 2027 Single Currency Launch, The ECO.

The Economic Community of West African States (ECOWAS) reviewed progress towards launching its ECOWAS single currency, the ECO, in 2027…

IFAD, Equity Group Launch $200 Million Climate Adaptation Finance Mechanism for East African Farmers.

The International Fund for Agricultural Development (IFAD) and Equity Group launched a $200 million climate adaptation finance mechanism on Friday…

Uganda Names ‘Pearl Sweet’ Crude, Targets 2027 As Africa’s Newest Oil Exporter.

Uganda has unveiled “Pearl Sweet” as the trading name for the crude oil it plans to begin exporting in early…

Tanzania’s Prime Minister Mwigulu Lameck Nchemba to Headline Investment Forum in London.

Tanzanian Prime Minister Mwigulu Lameck Nchemba will deliver the keynote address at the inaugural Tanzania Investment Forum in London on…