Africa’s economic growth is slowing as countries continue to contend with rising inflation, hindering the progress on poverty reduction
Finance
PIC leads infrastructure investment via AFC
AFC has a proven track record of developing key transformational projects on the continent. (Image source: Adobe Stock)
The Public Investment Corporation (PIC), which has more than US$150bn in assets under management, has planned an inaugural investment in the Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider
Standard Bank Wealth and Investment recognised at Euromoney Awards for Excellence
Standard Bank Wealth and Investment has a presence across Africa and internationally. (Image source: Adobe Stock)
Euromoney has named Standard Bank Wealth and Investment as Africa’s Best Bank for Wealth Management at its 2022 Awards for Excellence
Radisson Hotel Group exceeds African growth expectations
The group is on track to meet its plans to add more than a dozen hotels across the continent. (Image source: Radisson Hotel Group)
Radisson Hotel Group has continued its ambitious African growth strategy in the first half of 2022 and confirmed more than eight hotel openings and market entries with more than 1,000 rooms across the continent
Zambia takes progressive steps to meet long-term financial needs
In 2021, Zambia’s per capita income declined to US$1,040 and the country was re-classified as low-income for the first time since 2011. (Image source: Adobe Stock)
A statement by the Creditor Committee for Zambia has been welcomed by the IMF and the World Bank as an important step towards reducing Zambia’s debt
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