Mastercard to buy stake in MTN’s $5.2 billion fintech unit
MTN Group Ltd., Africa’s biggest wireless carrier, says Mastercard has agreed to take a minority stake in its financial-technology (fintech) business, which the company...
World Bank halts new lending to Uganda over anti-LGBTQ law
The World Bank said on Tuesday it would halt new lending to the Ugandan government after concluding that its anti-LGBTQ law, which has been condemned...
Gabon sees Africa’s first ‘debt-for-nature’ swap over the line
Gabon moved forward with Africa's first debt-for-nature swap on Tuesday in a deal that saw the country buy back a nominal $500 million of its international...
Nigeria charges suspended central bank chief after court ruling
Nigeria's Department of State Security (DSS) said on Thursday it had filed charges in court against detained and suspended central bank governor Godwin Emefiele...
IMF approves $189 million payment to Zambia after first programme review
The International Monetary Fund's executive board has approved an immediate $189 million disbursement to Zambia following its first review of a $1.3 billion loan...
