Tag: Africa

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EU infrastructure fund eyes African clean jet fuel projects

The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of...

Africa can become new global supply chain force, says UNCTAD

African economies should seize the opportunity to better integrate into technology-intensive global supply chains and boost prosperity, but this depends on their ability to...

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...

Africa’s fintech market to reach US$65 billion in revenue by 2030, says new study

The African fintech market is projected to reach US$65 billion by 2030, representing a 13-fold increase over 2021, according to a new study conducted by...

EU seeks critical minerals deals with more African countries

The European Union is in negotiations with Democratic Republic of Congo, a leading source of battery minerals, and aims for talks with other African...

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Global bond funds register big outflows on rate worries

Global bond funds saw their biggest weekly outflows in...

HSBC to acquire Citigroup China consumer wealth business

HSBC is set to acquire Citigroup's China consumer wealth management...

Chinese loans to Africa plummet to near two-decade low – study

Chinese sovereign lending to Africa fell below $1 billion...

Dollar holds near 10-month high, keeps heat on yen, euro

The dollar steadied near its highest level since November...

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