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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…

3 months 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…

3 months 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,…

3 months 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…

3 months ago

FG, World Bank Launch Digital Farming Advisory Platform to Boost

The Federal Government has unveiled plans to create economic opportunities for 37,000 women and youths across Nigeria’s dairy value chain…

3 months ago

Standard Bank leads South Africa in AI maturity rankings – IT News Africa – African Business Technology News

Standard Bank Group has been ranked the most AI-mature bank in South Africa and the second most AI-mature bank across…

3 months ago

War for talent | Sola Adegbesan leaves Standard Bank for Absa

Absa’s raid on Standard Bank’s top talent is showing no sign of letting up as it sharpens its Pan-Africa ambitions,…

3 months ago

Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B

Absa Bank Kenya PLC has posted a profit after tax of KSh5.3 billion and achieved a Return on Equity of…

3 months ago

South Africa Reserve Bank Hikes Rates 25bps To Fight Inflation

South African Reserve Bank Hikes Rates 25bps to Fight InflationThe South African Reserve Bank (SARB) raised interest rates by 25…

3 months ago

African Leaders Urge Massive Investment In Energy And Infrastructure At African Development Bank Group’s 2026 Annual Meetings

African leaders called for substantial investment in energy, infrastructure, industrialisation and climate finance, while also emphasising the need for the…

3 months ago