Africa’s financial relationship with China has entered a new phase. For the first time in decades, many African countries now send more money to Beijing in debt repayments than they receive in fresh loans. New analysis from the ONE Data…

The African Export-Import Bank (Afreximbank) has strengthened Angola’s energy sector with a $1.75 billion syndicated receivables purchase facility for Sonangol, the country’s national oil company. The financing will support Sonangol’s operating and capital expenditure needs at a time when Angola…

Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, has warned that global trade will not return to its pre-disruption era, urging countries and businesses to prepare for a future shaped by uncertainty and resilience. She made the remarks on Friday…

Network International, a leading fintech company across the Middle East and Africa, has signed a strategic partnership with Saudi Sudanese Bank to accelerate digital transformation in Sudan’s banking sector. The deal, announced at Cairo ICT 2025, underscores both companies’ commitment…

The European Union has removed South Africa from its list of High-Risk Third Country Jurisdictions, marking a major step forward in the country’s long campaign to rebuild confidence in its financial system and restore global investor trust. The decision, published…

In a strategic pivot that could reshape tourism and diplomacy in southern Africa, Russia is set to extend visa-free travel to four key nations: Zambia, Zimbabwe, Mozambique, and Eswatini. The move is not only aimed at boosting tourism but also…