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Africa faces $59bn debt strain, World Bank warns
- By Black Hot Fire Network Team
- . June 10, 2026
Sub-Saharan Africa’s economic recovery is holding steady, but rising debt-servicing pressures, geopolitical shocks, and structural weaknesses are increasingly clouding the region’s medium-term outlook, a new
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. »
- By Black Hot Fire Network Team
- . June 9, 2026
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Second to none: Standard Bank eyes top spot in East Africa
- By Black Hot Fire Network Team
- . June 7, 2026
Story audio is generated using AI Standard Bank is aiming to be the largest bank in East Africa by 2030, a region that’s home to
Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank
- By Black Hot Fire Network Team
- . June 7, 2026
The backlash erupted at the bank’s annual general meeting, where 43.37% of shareholders voted against the implementation report detailing how Absa applied its remuneration
FG, World Bank Launch Digital Farming Advisory Platform to Boost
- By Black Hot Fire Network Team
- . June 6, 2026
The Federal Government has unveiled plans to create economic opportunities for 37,000 women and youths across Nigeria’s dairy value chain as part of efforts to
Standard Bank leads South Africa in AI maturity rankings – IT News Africa – African Business Technology News
- By Black Hot Fire Network Team
- . June 4, 2026
Standard Bank Group has been ranked the most AI-mature bank in South Africa and the second most AI-mature bank across the Middle East and Africa
War for talent | Sola Adegbesan leaves Standard Bank for Absa
- By Black Hot Fire Network Team
- . June 1, 2026
Absa’s raid on Standard Bank’s top talent is showing no sign of letting up as it sharpens its Pan-Africa ambitions, with respected investment banker Sola
Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B
- By Black Hot Fire Network Team
- . May 31, 2026
Absa Bank Kenya PLC has posted a profit after tax of KSh5.3 billion and achieved a Return on Equity of 20.3% for the quarter ended
South Africa Reserve Bank Hikes Rates 25bps To Fight Inflation
- By Black Hot Fire Network Team
- . May 29, 2026
South African Reserve Bank Hikes Rates 25bps to Fight Inflation The South African Reserve Bank (SARB) raised interest rates by 25 basis points, citing escalating
African Leaders Urge Massive Investment In Energy And Infrastructure At African Development Bank Group’s 2026 Annual Meetings
- By Black Hot Fire Network Team
- . May 27, 2026
African leaders called for substantial investment in energy, infrastructure, industrialisation and climate finance, while also emphasising the need for the continent to mobilise more private