Latest News for: Africa lending

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Debt issues bug emerging nations

The Manila Times 21 Oct 2024
Development banks are already scrambling to work together to maximize lending; the Inter-American Development Bank and the Africa Development Bank are in the midst of a global campaign to get ...
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As poor nations’ default wave peaks, cash shortage could take its place

The News International 21 Oct 2024
Development banks are already scrambling to work together to maximise lending; the Inter-American Development Bank and the Africa Development Bank are in the midst of a global campaign to get ...
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Cross-Border Payments for BRICS+ and Africa — China’s Innovation Leading the Way

Independent online (SA) 21 Oct 2024
From Africa the three BRICS+ countries, South Africa, Egypt and Ethiopia will be in attendance ... Eurasia, Asia, the Middle East and Africa are most susceptible and vulnerable given their dependence on international trade for development.
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Jamie Dimon charts JPMorgan expansion plan into Africa

The Economic Times 16 Oct 2024
... and investment banking, treasury services, and possibly some lending.
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Why the BRICS new development bank is a better alternative to the IMF

Blitz 15 Oct 2024
Established by the BRICS nations-Brazil, Russia, India, China, and South Africa-in 2015, the NDB is increasingly being hailed as a viable alternative to the IMF, particularly for countries in Africa, Latin America, and Asia.
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It is time for Africa to rise in the new era

China Daily 09 Oct 2024
Africa needs a renewed world order where its people can live a dignified life ... The structural adjustment of the 1980s in Africa would lend us a better example in this regard ... Countries in Africa are at the mercy of the decisions of these few nations.
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IMF chief: 'Africa deserves to be represented more fairly'

Deutsche Welle 09 Oct 2024
The head of the International Monetary Fund (IMF), Kristalina Georgieva, tells DW that Africa needs more representation in the global lending body ... .
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Majiyagbe: N150m Worth of Securities Loaned to Local, International Clients

This Day 03 Oct 2024
In 2015, Stanbic IBTC Bank introduced securities lending in Nigeria ... Standard Bank, as a leading custodial bank in Africa, provided invaluable technical guidance, training, and platforms for securities lending.
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TymeBank reaches 10 million customers and expands to Indonesia

Independent online (SA) 02 Oct 2024
... small businesses in South Africa. The acquisition of Retail Capital, a fintech company that funds small and medium-sized businesses in South Africa, was integral to the bank’s SME lending offering.
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Kazang Pay launches card acquiring service in Zambia

Capital Ethiopia 02 Oct 2024
Lesaka offers cash management solutions, growth capital, card acquiring, bill payment technologies and value-added services to retail merchants as well as banking, lending, and insurance solutions to consumers across Southern Africa.
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Kelvin Jombo Onumah: Tribute to Champion of Change

This Day 28 Sep 2024
... a positive impact in society, he started a journey with the Kelvin Jombo Foundation, which was established in 2010, championing empowerment and lending a helping hand across Africa for over a decade.
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Africa & Middle East Alternative Lending Business Report 2024: Market To Grow By 31.3% To ...

MENA FN 26 Sep 2024
(MENAFN - GlobeNewsWire - Nasdaq) Dublin, Sept. 26, 2024 (GLOBE NEWSWIRE) -- The "Africa & Middle East Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on ... .
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Debt and depression plague domestic workers in South Africa

Mail Guardian South Africa 25 Sep 2024
“This often leads to workers taking on debt to meet their family’s needs (35%), with around half of those in debt owing money to a shop or store, indicating a high level of easy credit and predatory lending practices in South Africa.
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At UNGA 79 African Development Bank affirms standing as champion of Africa’s prosperity

Sierra Leone Telegraph 23 Sep 2024
... additional funds for the African Development Fund (ADF) , the Bank’s concessional lending arm, which since 2001 has been at the forefront of the Bank’s drive to advance the fragility agenda in Africa.
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Africa's path to green prosperity

Korea Times 19 Sep 2024
The African Development Bank has led several innovative initiatives, such as the Africa Go Green Fund, and introduced new tools to increase its lending capacity.

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