Tawanda Karombo

The new permit will allow Wave to offer a wide range of services without relying on a legacy finance institution.

South Africa’s and Angola’s recent issuances were both oversubscribed.

A fintech boom is underway in Africa, fueled by increased digital and fintech literacy and access to smartphones.

After a year of challenges for the global FX market, the pace of change hasn’t slowed.

African telecom operator MTN doesn't need brick-and-mortar retail locations to expand its network.

The Bahamas and Cambodia are among the other countries that have already introduced CBDCs, while Nigeria is the first in Africa.

Global Finance presents its inaugural annual listing of the best global, regional and national banks that serve SMEs, for more than 60 countries and regions.

Several African countries are queuing up for debt abatement after the Paris Club agreed to debt relief for Sudan. 

Sustainable finance makes inroads in Africa.

Telecom, tech and banking companies are leading corporate finance activity in Africa by issuing oversubscribed bonds that are attracting international investors.

Foreign direct investors in its mining industry are apprehensive on account of Magufuli’s resource-nationalist policies.

Ecobank gains access to global capital markets just as Africa's economic recovery from the pandemic is about to begin.

Other African nations may not be able to repay their loans as the global pandemic damages economic growth.

Seychelles' central bank governor Caroline Abel tells Global Finance that the central bank of Seychelles will focus on diversifying the economy after the pandemic passes and in the meantime is focused on stopping currency speculation.

Allegations of corruption and nepotism dog Malawi's new president.

Under Covid-19, private banking clients in Africa are demanding more advice—especially on foreign exchange and commodities.  

Absa Group's new CEO has a controversial past.

Foreign investors will compete for ownership of Ethiopia's electric company.

From Cape Town to Cairo, digital banking is the buzzword as incumbents and newcomers vie for a young, tech-savvy population.  

Yandraduth Googoolye, governor of the Bank of Mauritius, talks about policy, global uncertainty and foreign direct investment.

John Mangudya, head of Reserve Bank of Zimbabwe, describes his efforts to move the bank away from the quasi-fiscal activities that distracted it from its core mission.

South Africa is increasingly difficult to govern.

A rising entrepreneurial class is fueling the growth of African private banking, and competition is heating up.  

Two north African nations try to stabilize their finances.

Yet some experts urge caution and stronger protection for consumers.

African regulators are balancing innovation against risks of illicit money flows and the need to protect consumers.

The oil-rich Southern African country bets its economic revival on an IMF bailout and a fresh pair of hands.

Opportunities abound for investors in Africa.

Can Madascar's president improve one of Africa's poorest economies?

Africa may be underbanked but fintechs are changing that.

South Africa's flailing government calls on old hands to right the ship.

Africa’s tech start-ups are enjoying greater access to funding thanks to tech hubs, incubators and venture capital. 

From animal-tracking innovations to agritech solutions, Africa is flexing its tech-savvy muscle—and doing it all via mobile.

Innovation can help save Africa's endangered species.

Sub-Saharan Africa is already light years ahead of the rest of the world in advancing mobile banking. Now, governments are pressing for more cross-system compatibility.