Access Africa, payment product designed to simplify payments, has partnered with Thunes, a leading global payment infrastructure platform, to streamline and simplify cross-border payments across key markets in the continent
Banking & Finance
African banks remain steady despite turbulent environment
The European Investment Bank (EIB) has indicated that banking sector metrics have remained resilient in recent years with profitability improving
Infrastructure loan confirmed for Tanzania
Deutsche Bank AG will provide a loan facility of EU€300mn (approx. US$330mn) to the Government of Tanzania to help finance infrastructure projects across the country
Foreign direct investment flows to Africa fall in 2022
UNCTAD’s World Investment Report 2023 has indicated that foreign direct investment (FDI) flows to Africa declined to US$45bn in 2022 from US$80bn in 2021
DP World partners Standard Bank to expand trade finance in Africa
Standard Bank has partnered with DP World to offer trade finance solutions jointly with DP World Trade Finance