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Anzens and Credit Bank Consider Stablecoin Banking in East Africa
Business and Economy

Anzens and Credit Bank Consider Stablecoin Banking in East Africa

Anzens, a provider of a USDA stablecoin backed by the US dollar and enabled by cross-border payments infrastructure, has announced a partnership with Credit Bank

Egypt projects 4.3% growth in FY2025/26 World Bank says
Business and Economy

Egypt projects 4.3% growth in FY2025/26 World Bank says

Egypt’s economic growth is projected to moderate in the near term, according to the World Bank’s latest Macro Poverty Outlook report. The report also addresses

Africa’s Priorities at World Bank Conference in Washington
Business and Economy

Africa’s Priorities at World Bank Conference in Washington

The World Bank/IMF Spring Meetings are underway, and a rapidly growing forum is gaining prominence in shaping Africa’s engagement with the global economic system. The

IMF World Bank meetings highlight developing nations
Business and Economy

IMF World Bank meetings highlight developing nations

Global financial leaders are convening in Washington, D.C. this week for the International Monetary Fund (IMF) and World Bank Group Spring Meetings. The meetings are

World Bank Recognizes Ghana’s Fiscal Reforms in Africa
Business and Economy

World Bank Recognizes Ghana’s Fiscal Reforms in Africa

Ghana is recognized by the World Bank as one of a few African economies expected to see significant improvements in primary fiscal balances between 2024

World Bank unit adopts portfolio approach after $100 billion reached
Business and Economy

World Bank unit adopts portfolio approach after $100 billion reached

The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has reached a significant milestone, exceeding $100 billion in total guarantee issuance

OneUnited Bank Earns Spot on Inc.’s Best in Business List
Business and Economy

OneUnited Bank Earns Spot on Inc.’s Best in Business List

OneUnited Bank has been recognized by Inc. magazine as one of the best in the financial services industry. The recognition is part of Inc.’s 2024

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Business and Economy

World Bank supports digital economy growth in Africa

The World Bank Group’s Board of Directors has approved a regional initiative designed to stimulate job creation in Benin, Liberia, and Sierra Leone. A key

African trade infrastructure improves since 2022 Standard Bank
Business and Economy

African trade infrastructure improves since 2022 Standard Bank

African trade is experiencing a period of increased momentum, with improvements observed across infrastructure, business confidence, and macroeconomic stability. This is the first time since

Bidvest Revives Bank Sale After Failed Access Deal
Business and Economy

Bidvest Revives Bank Sale After Failed Access Deal

Bidvest, a B2B services, trading, and distribution group, has relaunched the process to dispose of Bidvest Bank. The previous sale to Access Bank did not