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Mastercard shrugs off economic jitters as consumers continue to splurge

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Mastercard Inc (MA.N) on Thursday beat estimates for quarterly profit as travel demand held up against a turbulent economy, and bet on resilient consumer spending through...

US nominates former Mastercard boss to lead the World Bank

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President Joe Biden of the United States has named the Indian-American businessman Ajay Banga as the US choice to lead the World Bank. The move comes as the US increases...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

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Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

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Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

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South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

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Half of the world's 75 poorest countries are experiencing...

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