Africa
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News
Affinity Africa report lays bare the cost of Africa’s cash dependency — and the actions needed to break it
ACCRA and LONDON, June 17, 2026 — Affinity Africa, Ghana’s leading digital banking platform, has released a new report in collaboration with the Mo Ibrahim Foundation and Yale’s International Leadership Centre examining the drivers…
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News
S&P Global Ratings assigns Afreximbank ‘BBB+/A-2’ investment grade rating
KAMPALA, June 16, 2026 — S&P Global Ratings has assigned African Export-Import Bank [Afreximbank] a ‘BBB+’ long-term issuer credit rating and an ‘A-2’ short-term issuer credit rating, with a Stable Outlook, reinforcing the…
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News
ATAF research calls for stronger and more structured gender-responsive tax systems across Africa
KAMPALA, June 15, 2026 — New research by the African Tax Administration Forum [ATAF], through its ATAF Women in Tax Network [AWITN], has highlighted the need for African countries to strengthen the…
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News
Africa’s coffee exports fall 22.1 percent in April as Ethiopia and Uganda shipments decline – ICO
KAMPALA, June 13, 2026 — Coffee exports from Africa fell sharply in April 2026, declining by 22.1 percent year-on-year to 1.54 million bags from 1.98mln bags in the same month last year,…
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News
ICA-Africa Elects Kenyan as New President
MAPUTO, June 10, 2026 — The International Co-operative Alliance Africa [ICA-Africa] has elected Kenyan Macloud Malonza as its new President during the 12th Technical Committee Meeting of the African Ministerial Co-operative Conference…
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News
EBRD forecasts slower growth in Sub-Saharan Africa in 2026
KAMPALA, June 4, 2026 — Economic growth across the European Bank for Reconstruction and Development’s [ EBRD ] Sub-Saharan Africa [SSA] economies is forecast to slow to 4.7 per cent in 2026…
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News
AM2026: AfDB and ASSA seal strategic partnership to mobilise domestic capital for social protection systems
BRAZZAVILLE, June 3, 2026 — The African Development Bank [AfDB] and the Africa Social Security Association [ASSA] have signed a letter of intent to strengthen collaboration on Africa’s long-term development financing priorities,…
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News
Ecobank Group launches world’s first nature bond, mobilising global capital to protect Africa’s natural ecosystems
LOMÉ, June 2, 2026 – Ecobank Group has launched the world’s first International Capital Market Association [ICMA]-aligned commercial bank-issued Nature Bond on the London Stock Exchange, creating a new channel for international…
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Cooperatives & Communities
International tourism rises 2 percent in first quarter of 2026 despite global uncertainty
KAMPALA, June 2, 2026 — International tourism increased by 2 percent in the first quarter of 2026 despite growing geopolitical and economic uncertainty, according to the latest data released by UN Tourism.…
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Magazine
Spiro secures US$ 215mln to expand electric mobility infrastructure across Africa
KAMPALA, May 2, 2026 — Africa’s largest electric vehicle [EV] company Spiro has raised US$ 215 million [about Shs 817,000,000 billion] in fresh equity financing to accelerate the expansion of its electric…
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