The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring Two African Development Bank Group supported projects have garnered top honours at the 2025 Bonds, Loans &…
A Major Move in Uganda’s Fintech Space MTN Group Fintech has announced a strategic partnership with Network International as its official payment processor and issuing partner. This collaboration marks a significant step in expanding digital financial inclusion across Africa, particularly…
In a historic move, President Paul Kagame has appointed Dr. Soraya M. Hakuziyaremye as the first female governor of the National Bank of Rwanda (BNR), effective February 25, 2025. This appointment is a testament to Dr. Hakuziyaremye’s exceptional leadership skills,…
The presentation reported that 39 African countries have improved their scores since 2016, indicating that visa openness across Africa is at its highest level since the inception of the index On the sidelines of the 38th African Union Summit, African…
HHA aims to improve access to timely diagnosis and treatment, reducing the burden of this disease across communities AstraZeneca’s flagship health equity programme – Healthy Heart Africa (HHA), marks its 10th anniversary, celebrating successfully taking over 67 million blood pressure…
The race for the presidency of the African Development Bank (AfDB) is heating up, with five candidates vying for the top position. As the election approaches in May 2025, the contest is shaping up to be a diplomatic and strategic…
Airtel Africa, a leading provider of telecommunications and mobile money services across Africa, has announced strong financial results for the nine months ending December 2024. Mobile services revenue grew by 11.4% to $1,367 million compared to the same period in…
Spiro, the largest electric vehicle company in Africa, is charging ahead in its mission to revolutionise sustainable transportation across the continent and it recently signed a heads of terms agreement for a $50 million debt facility with the African Export-Import…
Kenya’s Gross Domestic Product (GDP) growth is projected to slow down to 5% in 2024 from 5.3% in 2023 before jumping to 5.3% in 2025. Apart from Kenya, Côte d’Ivoire and Benin, other frontier markets are expected to start issuing…
PHOTO COURTSEY: Kigali Business Centre The Rwandan Ministry of Information Communication Technology and Innovation, alongside the World Economic Forum, launched the Centre for the Fourth Industrial Revolution (C4IR) in Rwanda, marking a first for the African continent. C4IRs are hubs…
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, has approved a partial credit guarantee to support Rwanda’s mobilisation of financing to implement green and social initiatives. The Partial credit…
The Forum for African Women Educationalists (FAWE) announced a new seven-year extension of its partnership with the Mastercard Foundation to build on the success of its decade-long mission to elevate young women and men in Africa. Unveiled at Kampala on…
Uganda Breweries Managing Director Andrew Kilonzo said the expected increase in government revenue will not materialize as the 20% tax increase on both locally manufactured and imported spirits will make the products unaffordable to consumers thus resulting in reduced volume…
The UK has removed export tariffs for cut flowers for two years, with the aim of making trade with the UK easier and cheaper for growers in East Africa and beyond. The suspension of 8 per cent duty for cut…
(L-R) MTN Uganda CFO Andrew Bugembe, CEO Sylvia Mulinge and MTN MoMo MD Richard Yego announcing MTN Uganda annual performance in Kampala on March.06, 2024 Uganda’s largest telecom firm, MTN Uganda, plans to further sell-down the remaining 7% shareholdings to…