Africa
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News
Ecobank to unlock real-time cross-border payments across 35 African markets
KAMPALA, November 11, 2024— Nium, the leading global infrastructure for real-time cross-border payments, has partnered with Ecobank Transnational Incorporated to enable seamless cross-border payments across 35 African markets for more than 32…
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Africa’s coffee exports surge 14.3 percent in September 2024 – ICO report
KAMPALA, November 7, 2024 – Exports of all forms of coffee from Africa rose by 14.3 percent in September 2024, totaling 1.37 million bags, compared to 1.2mln bags in the same month…
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World-renowned artists, athletes, and others to join The Earthshot Prize in South Africa
JOHANNESBURG, October 28, 2024 – Some of the world’s most influential artists, athletes, musicians, and advocates will join The Earthshot Prize in Cape Town, South Africa this November to spotlight inspiring environmental…
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Investment conference to strengthen local governments participation in intra-African trade set to be held in Kenya
CAIRO, October 29, 2024 — In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade…
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Widespread progress in African financial markets
KAMPALA, October 25, 2024 — There have been clear improvements across countries in the Absa Africa Financial Markets Index 2024. Scores have risen for 23 countries [82 percent], which is the highest…
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World Bank Group advances Gender Strategy, unveils economic opportunity ambition
WASHINGTON, Oct, 24, 2024 – The World Bank Group today took the first steps toward implementing Gender Strategy 2030, announcing a set of actions and concrete goals that aim to boost economic opportunities…
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Global Credit Union membership surpasses 411mln
MADISON, Wis., October 24, 2024 — World Council of Credit Unions’ [WOCCU] 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed US$ 3.7 trillion last…
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AfDB supports Biashara Africa 2024 Business Forum
KIGALI, October 16, 2024 — The African Development Bank has lent support to the Biashara Africa 2024 Business Forum or AfCFTA Business Forum, held recently in Kigali, Rwanda. The meeting, organised by…
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New model reduces time spent on unpaid care work – study
KAMPALA, October 15, 2025 – Findings from a three-year study indicate that the new P.O.W.E.R. model intervention can alleviate the burden of unpaid care work [UCW] on women in Uganda. P.O.W.E.R. stands…
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IFC and Absa provide trade facility to Valency to support thousands of farmers in Africa
SINGAPORE, October 13, 2024 – The International Finance Corporation [ IFC ], a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate…
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