As the global energy transition heats up, one continent that we must watch carefully is Africa. The continent is known to hold significant natural resources, especially some of the most… read more →
Standard Chartered and the World Bank Group’s private-sector lending arm, the International Finance Corporation (IFC), have launched a $300 million risk-sharing facility aimed at expanding trade and supply chain finance… read more →
On Friday, 24 April, the US Consulate General in Lagos, Nigeria, concluded a two-day event formally expanding the revitalisation of its Export Credit Guarantee Program (GSM-102) for Nigeria, aimed at… read more →
South Africa is boosting its fuel imports from the US, as disruption in the Strait of Hormuz strains the country’s energy supply. This comes in the lead up to South… read more →
As disruption in the Strait of Hormuz surges, Togo aims to position its Port of Lomé as an alternative for routing goods bound for Asia and Africa. “Eurasian shipping lines… read more →
On Tuesday, 7 April, the African Export-Import Bank (Afreximbank) announced a $10 billion Gulf Crisis Response Programme (GCRP), aiming to protect African and Caribbean economies from the ongoing disruption stemming… read more →
In a meeting held last week in Abuja, Nigeria, the African Development Bank (AfDB) and the Economic Community of West African States (ECOWAS) reignited talks of a shared currency across… read more →
It’s often easier to ship from Lagos to London than it is from Lagos to Nairobi: a fact which illustrates the nascent stages of intercontinental transport in the continent, but… read more →
The ninth Annual African Financial Markets Index, launched today by multinational African bank Absa, shows a continent that has remained relatively stable despite tariff and geopolitical turbulence, where ambitious reforms… read more →
Traditional payment systems in Africa are proving costly and inefficient, particularly for cross-border transactions. According to the World Bank, as of 2024, Africa remains the most costly continent to send… read more →
