The landscape of sustainable investment in Africa is experiencing a significant upswing as the issuance of Environmental, Social, and Governance (ESG) bonds by African entities hit...
Akinwumi Adesina, the President of the African Development Bank (AfDB), has said Africa imports between 70-80% of its medicines. Adesina made this revelation while accepting the...
The bond market in Senegal witnessed a significant downturn as the government indefinitely postponed the much-anticipated presidential elections, triggering a wave of uncertainty and investor concern....
New funding pledges of nearly $900 million ahead of a Eurobond repayment deadline are failing to defend Kenya’s shilling from fresh lows, with analysts forecasting further...
Ethiopian Cargo and Logistics Services, the continent’s largest in its category, has commenced freighter services to Casablanca, Morocco, according to the company. The maiden venture into...
Ericsson AB, renowned for its global stature in 5G networks, is quietly emerging as a significant player in mobile payments across the developing world. Currently powering...
Zimbabwe’s embattled currency has taken a hit, plunging by over 40% on the black market as the demand for foreign exchange continues to outpace the available...
Kenya abandoned a plan to buy back a portion of a $2 billion eurobond, sidestepping a potential default on the terms of the debt, which mature in...
In a strategic move to address the escalating debt crisis facing Africa, the African Development Bank Group (AfDB) and the Debt Management Office are forging a...
Somalia has successfully negotiated the cancellation of $4.5 billion in debt with international lenders, marking a pivotal moment in the nation’s journey toward economic recovery. The...