Latest News for: Africa lending


Cloquet honors family's military service with missing grave marker

Duluth News Tribune 28 May 2023
He wrote ... . ... Troy Smith, chaplain of VFW Post #3979, said local vets were eager to lend a hand. "To hear the story of a fallen American soldier who was rendered proper honors in Africa but yet his family still feels the void here, it was only right for us to step in, because that's what we do is heighten veteran issues in the community ... ]]> .

Study: Africa Likely to Leapfrog Leading Fintech Regions if It Adopts New Technologies

Bitcoin 25 May 2023
Africa will likely leapfrog the top fintech regions if startups on the continent adopt new technologies, the Global Fintech 2023 report by the Boston Consulting Group and QED Investors has said ... Overcoming Africa’s Financial Exclusion Woes ... By overcoming this, the fintechs will help make Africa one of the fastest-growing regions globally.

Slut Boy Billy’s Mineral Rock EP’ hits a million streams on Boomplay

Joy Online 25 May 2023
The project surpassed a million streams on Africa’s premier ... It debuted in the Top 100 of Turkey, Pakistan, Colombia, Bangladesh, Egypt, Brazil and South Africa at #21, #41, #6, #44, #9, #1 and #11 respectively, lending credence to the appeal of the burgeoning trap star.

US dollar dominance to persist for decades despite challenges - Moody's

Reuters 25 May 2023
NEW YORK, May 25 (Reuters) - The U.S ... While the multi-decade fall in the dollar's share of central bank reserves, simmering geopolitical tensions and growing brinkmanship in U.S ... authorities themselves, like a U.S ... treasury market, the analysts said ... WorldcategoryReaction to South Africa's 50 basis points hike in lending rate5.24 PM UTC ... ....

Rand remains stable, supported expectations of further rate hike

Independent online (SA) 25 May 2023
TreasuryONE currency strategist Andre Cilliers said ... “Markets remain edgy as US lawmakers struggle to come to an agreement on raising the US debt ceiling.” ... Oxford Economics Africa’s head of macro Jacques Nel said the SARB was still expected to increase its benchmark lending rate by 50 basis points from 7.75% to 8.25% per annum ... BUSINESS REPORT .

Engaging with continent of the future

China Daily 25 May 2023
The Belt and Road Initiative is playing a positive role in fast-tracking Africa's development and lending support to sustainable development on the continent ... a positive role in fast-tracking Africa's development and lending support to sustainable development on the continent.

'Listen to us': LGBTQ activists seek help, prudence in raising human rights abroad

North Shore News 20 May 2023
OTTAWA — LGBTQ activists say Canada should ramp up its help in the fight against an organized movement to clamp down on sexual and gender minorities in Africa, while being cautious about when to raise issues in public ... Comments from foreign leaders can lend weight to the narrative that the West is trying to impose LBGTQ issues on Africa.

G7 Hiroshima Leaders’ Communiqué

The White House 20 May 2023
We welcome progress achieved on JETPs with South Africa, Indonesia and Vietnam, and also continue our discussions with India and Senegal ... We are also seriously concerned about the spread of terrorist threats and activities towards coastal countries in West Africa, and are available to lend our support in addressing those threats.

Blur's Damon Albarn willing to 'put money' on an Oasis reunion

The Moore County News-Press 19 May 2023
Blur's Damon Albarn is willing to "put money" on Britpop rivals Oasis reuniting ... In an interview with The Sun newspaper, Damon said. “I can guarantee they’re going to reform. “In fact, I’ve put money on it ... He quipped ... Alison Goldfrapp. Designers won't lend you clothes unless you're Lady Gaga. Charlize Theron congratulates Africa Education Medal finalist.

Unsecured Business Loans Market size to grow by USD 2,895.17 billion from 2022 to 2027, ...

Victoria Advocate 19 May 2023
Increasing efficiency of business lending operations is notably driving the unsecured business loans market growth ... The report extensively covers payday loans market segmentation by type (storefront payday loans and online payday loans) and geography (North America, Europe, APAC, South America, Middle East and Africa).

“Unifi's Winning Formula: A Milestone in Fostering Financial Inclusion Across Sub-Saharan Africa”

Business Ghana 18 May 2023
As a fast-growing provider of innovative, unsecured lending solutions to underserved markets across Sub-Saharan Africa, Unifi is thrilled to announce that it has opened its fiftieth branch in Africa ... "While East Africa is au fait with mobile transactions, there are many ...

Lesaka Announces the Repurchase of Common Shares

Enid News & Eagle 18 May 2023
JOHANNESBURG, South Africa, May 18, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc ... Lesaka offers cash management solutions, growth capital, card acquiring, bill payment technologies and value-added services to formal and informal retail merchants as well as banking, lending, and insurance solutions to consumers across Southern Africa.

China and the West take a step to ease Africa’s debt crisis

Economist 18 May 2023
\nWestern governments have long grumbled about China’s lending in Africa, accusing it of pushing African countries into a debt trap to control their politics or seize their assets ... \nPublic debt to GDP across Africa has climbed to its highest level in two decades.

EBRD pledges more support for Ukraine with capital boost

Reuters 18 May 2023
Summary ... Ukraine dominates EBRD annual meeting agendaBank seeks extra capital to step up support of KyivExact figure to be determined by year-endPlans to expand in Africa, Iraq approved ... Renaud-Basso said EBRD shareholders had also approved plans to expand operations to sub-Saharan Africa and Iraq, where the bank plans to start lending in 2025 ... ....

Zambia Hikes Key Lending Rate to 9.5% After Inflation Spike

Wall Street Journal 17 May 2023
Zambia’s central bank hiked its key lending rate to 9.5% from 9.25% as Africa’s second-top copper and ...

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In this handout photo made available by the State Emergency Service of Ukraine, firefighters hose down a Policlinic following a Russian attack in Dnipro, Ukraine, Friday May 26, 2023.
AP / State Emergency Service of Ukraine via AP