Business and Economy

FNB named Africa’s best SME bank

First National Bank (FNB) has been named Africa’s Best SME Bank for 2026 at the Global Finance Awards, recognising its…

1 month ago

Africa faces $59bn debt strain, World Bank warns

Sub-Saharan Africa’s economic recovery is holding steady, but rising debt-servicing pressures, geopolitical shocks, and structural weaknesses are increasingly clouding the…

1 month ago

Ruto markets Kenya as gateway to Africa trade

President William Ruto, when he attended a meeting in Oslo, Norway, on June 9, 2026/PCSPresident William Ruto used the Norway-Kenya…

1 month ago

The Interview – Albert Zeufack ,World Bank Division Director for Angola, Burundi, The DRC and São Tomé and Príncipe : « The best, the single most important way to reduce poverty is creating jobs. »

Pays *Choisissez votre paysAfghanistanAfrique du SudAlbanieAlgérieAllemagneAndorreAngolaAnguillaAntarctiqueAntigua-et-BarbudaArabie SaouditeArgentineArménieArubaAustralieAutricheAzerbaïdjanBahamasBahreïnBangladeshBelarusBelgiqueBelizeBermudesBhoutanBolivie (État plurinational de)Bonaire, Saint Eustatius and SabaBosnie-HerzégovineBotswanaBrésilBulgarieBurkina FasoBurundiBéninCambodgeCamerounCanadaCap-VertChiliChineChypreColombieComoresCongoCongo (République démocratique du)Corée (République de)Corée…

1 month ago

Egyptian fintech Blnk secures $37 million to expand consumer lending across underserved markets

The raise includes a $12.5 million Series A equity round led by Algebra Ventures. SANAD Fund for MSME, Endeavor…

1 month ago

Ruto begins Europe tour to woo investors, expand Kenya exports

NAIROBI, Kenya, June 7 – President William Ruto has left for a week-long tour of Europe aimed at attracting foreign…

1 month ago

Kenya protests against US Ebola facility about economy,

The main news item in African media this past week has been the controversy surrounding a proposed United States-funded Ebola…

1 month ago

Second to none: Standard Bank eyes top spot in East Africa

Story audio is generated using AI Standard Bank is aiming to be the largest bank in East Africa by 2030,…

1 month ago

Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank

The backlash erupted at the bank’s annual general meeting, where 43.37% of shareholders voted against the implementation report detailing…

1 month ago

South Africa, Kenya Push for Stronger Economic Ties to Drive Africa’s Growth – Medafrica Times

South Africa and Kenya have pledged to deepen trade, investment and industrial cooperation, with Presidents Cyril Ramaphosa and William Ruto…

2 months ago