Africa

Can Ethiopia recapture the magic of its recent fast-growth decade? First it needs to emerge from Covid-19, then to reassure foreign investors.

Sudan's removal from the US state sponsors of terrorist list will not be pain-free.

Paypal makes inroads on a continent where cash is still king.

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

Will the Covid-19 pandemic erase Mauritius’ recent gains?

Nigeria faces leadership, institutional and security challenges to building a sustainable economy. But first, it must break out of its second recession in four years.

Sierra Leone offers a wealth of resources and a future of longterm growth, but it’s only for those who can handle the ups and downs.

Stripe's acquisition is part of a wider trend of African fintech startups defying the odds during the global pandemic to bag multimillion-dollar M&A deals. 

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.

Swazi B. Tshabalala, chief finance officer and currently acting senior vice president at the African Development Bank Group, discusses the bank’s efforts to help countries ravaged by the Covid-19 pandemic and the how the continent can jumpstart economic development.

By drone or by cable, Google, Facebook and other tech giants are vying to unlock Africa’s trove of potential subscribers who still lack internet access.

Greta Bull, chief executive of Consultative Group to Assist the Poor and a World Bank director, speaks of the reality of microfinance today.  

African economies face especially tough barriers to post-Covid-19 recovery. Global Finance names the top 25 best performing companies throughout Africa. 

The global pandemic is holding back Africa’s essential infrastructure development. Some creative private sector and multilateral solutions promise to ease the crisis.

The government unveiled an ambitious economic recovery package. But with a flagging tourism industry and declining FDI, worries persist. 

Companies based in English-speaking Africa are investing in their Francophone neighbors, with tech companies leading the way. 

Covid-19’s impact has not been as great in Africa as on other continents. But governments are still looking for ways to return to rapid growth. 

Once hailed as a game-changer for the impoverished, microlenders are falling behind in the digital race while online lenders and commercial banks poach their turf.

It has been Global Finance’s practice to conduct a Best Bank award ceremony during the IMF and World Bank Annual Meetings. As this year’s Meetings have gone virtual, so will Global Finance’s awards ceremony. Below are a selection of winners ...

With an election looming, Ghana’s economy grapples with a pandemic, falling oil revenues, a nagging fiscal deficit and the imperative to diversify.