Africa

Godongwana is a close political ally of President Cyril Ramaphosa and an African National Congress heavyweight who cut his teeth in the labor union movement.

Tanzania’s new leadership preps for post-Covid economic growth.

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

Nigeria needs major upgrades but its risk profile scares investors. A blended approach could leverage public funds to spur private support.

When the pandemic made paper-based transactions inviable, banks turned to a touchless digital environment.

The continent's trade finance needs are expected to increase as the implementation of the African Continental Free Trade Area agreement begins.

Mohamed Aoun takes the helm at the new oil and gas ministry as pressure builds to increase output to bolster much-needed revenues to the state.

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

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.