In an exclusive interview with African Review, Elise Donovan, CEO of BVI Finance, discussed why the world’s leading economies are pivoting towards Africa and how the BVI can support the continent achieve its potential
Finance
Standard Bank hits milestone in South Africa
Since the start of 2021, one million new customers have joined Standard Bank in South Africa. It now has ten million registered customers across the country
World Bank supports modernisation of Morocco public sector
The World Bank has approved a US$450mn loan to support key governance reforms in Morocco as part of the government’s ambitious strategy to modernise the public sector
2021 Visa Openness Index calls for easier travel

Africa is almost evenly split between countries with a liberal visa policy and those that partially restrict entry from other African states. (Image source: Adobe Stock)
Opening up Africa’s borders to travel will drive investment and an economic rebound, according to the authors of the 2021 Africa Visa Openness Index
AfDB approves line of credit of US$79mn and US$24mn equity investment to West African Development Bank

The line of credit will support businesses in the West African Economic and Monetary Union. (Image source: Adobe Stock)
The African Development Bank (AfDB) board of directors has approved a line of credit of approximately US$79mn and an equity investment of US$24mn, to be granted to the West African Development Bank