Finance

Mo Ibrahim Foundation announces the 2017 Leadership Fellows from Liberia, Botswana and Senegal

10851831585 1896d4a15c zThe three Ibrahim Fellows are Robtel Neajai Pailey (Liberia) who will join the African Development Bank (AfDB), Ndapiwa Segole (Botswana) who will join UN Economic Commission for Africa (UNECA) and Oulimata Fall (Senegal) who will join International Trade Centre (ITC)

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Spillovers from China’s soft landing on developing Africa

Maputo skyline 2006China, the world’s second-largest economy, has assisted the African region through greater inflows of bilateral aid, trade, and infrastructure spending, especially over the past two decades – thus helping to raise the continent’s potential growth and business profile in external markets

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South African companies identify trade opportunities in Kenya

wood 1199887 1920The delegation visited PG Bison Kenya in Nairobi, which specialises in the supply of decorative wood-based panel products such as particle boards, flooring and door skins to the construction and furniture sector

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Moody's downgrades the five largest South African banks to Baa3

Philippine stock market boardMoody's Investors Service has downgraded to Baa3 (negative outlook) from Baa2 (Rating Under Review outlook), the long-term local- and foreign-currency deposit ratings of the five largest South African banks: The Standard Bank of South Africa Limited, FirstRand Bank Limited, Absa Bank Limited, Nedbank Limited, and Investec Bank Ltd

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WorldRemit launches with Android Pay to offer mobile-to-mobile transfers to the world’s unbanked

WorldRemit Money in safe hands 2The integration will enable Android Pay users to send money to an extra 112mn mobile money accounts, accessible via WorldRemit 

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