Latest News for: Africa lending

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SA fintech firm Lesaka acquires payments processor Adumo for R1.6bn

Independent online (SA) 09 May 2024
SOUTH African fintech company Lesaka Technologies is acquiring southern Africa-focused payments processing firm, Adumo, for R1.6 billion in cash and shares ... Lincoln Mali, CEO of Lesaka Southern Africa.
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Diaspora Voting: FixPolitics Wants Robust Citizenship Engagement, as Nigerians Point Way Forward

This Day 05 May 2024
Ezekwesili, also urged Nigerians in the diaspora to lend their voices, insights and experiences to the discussion. Also speaking, Executive-Director, FixPolitics Africa, Anthony Ubani, said the ...
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South Africa lacks energy power in emerging multipolar world

B & FT Online 03 May 2024
Although Africa’s green energy potential is one of the highest in the world, Chinese lending and investment have so far provided relatively little support for the continent’s energy transition ... South Africa and Russia have excellent relations.
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Unchanged interest rates spark rental market boom

Independent online (SA) 03 May 2024
The central bank is unlikely to ease its policy in May, even though it would likely put some much-needed stimulus into the lending market. South Africa generally follows international trends.The US ...
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Afreximbank to Discuss Mobilizing Investment in African Energy at Invest in African Energy 2024

Business Ghana 03 May 2024
As Africa’s traditional sources of capital reduce their fossil fuel lending, Brume is expected to speak on strategies for navigating shifting investor priorities, while fast-tracking development ...
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The evolution and opportunity of private debt

Independent online (SA) 20 Apr 2024
THE proliferation of private credit is a positive development for South Africa, as it potentially fuels more growth activity and drives critical capital injections into impact and alternative investments like infrastructure.
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Developing countries’ liquidity crisis is not over

B & FT Online 18 Apr 2024
By 2022, the G20 had ended its Debt Service Suspension Initiative, international financial institutions had reduced lending, and no new allocations of special drawing rights (SDRs, the IMF’s reserve asset) were announced.
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Developing countries' liquidity crisis is not over

Korea Times 18 Apr 2024
By 2022, the G20 had ended its Debt Service Suspension Initiative, international financial institutions had reduced lending, and no new allocations of special drawing rights (SDRs, the IMF’s reserve asset) were announced.
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From uncertainty to hope: A journey of Rwandan young statistician to senior statistician

Independent online (SA) 15 Apr 2024
At the request of the infant National Statistical Institute of Rwanda, in 2005 Statistics South Africa joined hands with this institute with the purpose of lending a hand at building statistical capacity in Rwanda.
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Ethiopia faces tough devaluation decision to secure IMF bailout

Gulf-Times 12 Apr 2024
... the third African state in as many years to default on its debt in December.Ethiopia hasn’t received any IMF funds since 2020 and its last lending arrangement with the fund went off track in 2021.
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ANALYSIS-Ethiopia faces tough devaluation decision to secure IMF bailout

Philenews 12 Apr 2024
In August 2023, it secured a debt payments suspension from its largest bilateral creditor China, which from 2006 to 2022 committed to lending the country $14 billion, according to Boston University’s Chinese Loans to Africa Database.
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Standard Bank applies for a representative office in Egypt

Independent online (SA) 10 Apr 2024
... banks have become more relevant in Africa, having grown their lending businesses in primary sectors such as mining, energy, infrastructure, property finance, agriculture, and sovereign lending.
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Standard Bank applies for banking licence in Egypt as it seeks to grow its African footprint

Independent online (SA) 10 Apr 2024
... banks have become more relevant in Africa, having grown their lending businesses in primary sectors such as mining, energy, infrastructure, property finance, agriculture, and sovereign lending.
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Developing SMEs through capacity building

B & FT Online 09 Apr 2024
– Learnings from Absa’s Young Africa Works project ... Within this dynamic landscape of Micro, Small and Medium Enterprises, subsidised lending interventions have emerged as a crucial catalyst for economic growth.
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Who’s the big boss of the global south?

Economist 08 Apr 2024
But China has extended its influence in Africa and Asia ... in 2021 it counts lending of $80bn a year ... sub-Saharan Africa ... The Indian government is lending money to private hospitals to set up in Africa.
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