A survey of the continent’s central banks indicates that there is optimism about greater efficiency and inclusion. However, several drawbacks remain. Nigeria already has an operational retail CBDC. Mobile money ...
Western nations this week stepped up their criticism of China, the world's leading bilateral creditor, as the greatest obstacle to forging ahead with debt restructuring agreements for the increasing number ...
The crypto market crash in April saw a majority of the cryptos lose over 60% of their valuation from the top, resulting in a general downturn in trading operations, venture ...
Celo, a US accelerator firm, has introduced a support program for African startups in remittances, payments, savings, virtual assets, and related financial services. Referred to as Celo Africa Web3 Fund, ...
Summary Poorer nations pay $35 bln in debt service in 2022 - World Bank Opacity, the plethora of Chinese lenders to slow debt overhauls G20 Common Framework has not yet ...
Group of Seven leaders on Sunday promised to secure $600 billion in private and public funds over five years to fund essential infrastructure in developing countries and counter China's older, ...
The Serious Fraud Office (SFO) says subsidiary of commodity trading company will get a sentence in November A subsidiary of the commodity trader Glencore has confessed in a London court ...
Gesture declared at Copenhagen sustainability summit gained praise – and some cries of ‘greenwashing’ Chinese fashion giant Shein might be the firm least likely to gain applause at an international ...
U.S. bank Citigroup Inc (C.N) and British International Investment (BII) have signed a $100 million risk-sharing facility intended to provide lending to small businesses across Africa by up to four ...
Deutsche Bank (DBKGn.DE) is not funding a pipeline in Africa that environmental campaigners have said will displace thousands of families and disturb nature reserves, a person familiar with the matter ...
