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KENYA EYES GOLD RUSH TO SHIELD ECONOMY FROM DOLLAR DEPENDENCE — CBK CHIEF REVEALS STRATEGIC SHIFT

Kenya’s pursuit of gold represents both a defensive measure and a strategic investment in long-term financial sovereignty.

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AFDB AND IADB SIGN $3.2 BILLION EXPOSURE EXCHANGE TO BOOST DEVELOPMENT LENDING

AfDB and IADB renew $3.2B risk-sharing deal to enhance capital efficiency and development financing for Africa and Latin America.

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GLOBAL BACKING GROWS FOR ETHIOPIA’S ECONOMIC TRANSFORMATION PATH

Both the World Bank and the SFD pledged deeper collaboration through strategic investments and high-level engagement.

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WORLD BANK BACKS GHANA’S BOLD MOVE TO CREATE 500,000 YOUTH JOBS ANNUALLY

The strategic partnership signals a shared priority: creating economic opportunities that are not just available, but also sustainable and inclusive.

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ATTIJARIWAFA BANK JOINS FORCES WITH KIWI COLLECTE TO REVOLUTIONIZE CROWDFUNDING IN MOROCCO

The platform links socially driven Moroccan entrepreneurs with supporters both at home and abroad, allowing for transparent and community-based funding.

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LIBERIA STEPS UP FINANCIAL GAME AS CENTRAL BANK JOINS WORLD BANK’S RAMP PROGRAM

The move is expected to significantly boost Liberia’s institutional capacity in managing its reserves and public assets.

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MOROCCO SHARES FINANCIAL EXPERTISE TO BUILD MAURITANIA’S FIRST STOCK EXCHANGE

The initiative stems from commitments made during the meeting between King Mohammed VI and President Mohamed Ould El-Ghazouani in December.

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FNB PARTNERS TO EMPOWER NAMIBIAN SMES IN OIL AND GAS BOOM

The partnership signifies a strategic alignment between finance, investment, and entrepreneurship paving the way for inclusive participation.

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MOROCCO LAUNCHES MAJOR INITIATIVE TO DIGITIZE COMMERCE SECTOR

At the core of the domestic plan is the Moroccan Retail Tech Builder, a platform designed to help local merchants transition into the digital economy.

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EU, FRANCE LAUNCH €40M LAKE CHAD RECOVERY PROJECT, TARGET 36,000 NIGERIANS

The initiative is designed to strengthen resilience, foster social cohesion, and promote economic recovery in communities affected by conflict and climate shock

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AFC BREAKS $1.1 BILLION BARRIER WITH RECORD REVENUE, DRIVING AFRICA’S INFRASTRUCTURE BOOM

AFC’s financial performance was bolstered by major capital mobilization across sectors including energy, natural resources, and transport.

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MASTERCARD, PAYTABS PARTNER TO STRENGTHEN DIGITAL PAYMENT SOLUTIONS FOR EGYPTIAN SMES

Strategic alliance aims to boost digital payment adoption and financial inclusion among Egypt's small and medium enterprises.

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ETHIOPIA’S HORTICULTURE EXPORTS GENERATE $366M IN EIGHT MONTHS

Flower exports lead Ethiopia’s booming horticulture sector, driving hard currency earnings and job creation as the country surpasses trade targets.

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AFRICA ENERGY BANK GAINS MOMENTUM AS NIGERIA, ANGOLA, AND GHANA FULFILL CAPITAL COMMITMENTS

New Financial Institution Set to Bridge Africa’s Oil and Gas Funding Gap

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NEDBANK NAMIBIA EDUCATION TRUST AIMS TO BOOST WORKFORCE SKILLS AND REGIONAL DEVELOPMENT

As the first batch of beneficiaries embarks on their studies this year, Nedbank Namibia positions itself as a leader in corporate-driven education support.

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CHINA-AFRICA DEVELOPMENT FUND EYES INVESTMENT IN ETHIOPIA’S NEW AIRPORT PROJECT

With an initial capital of $5 billion, the fund has played a pivotal role in financing various infrastructure and development projects across the continent.

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BOTSWANA ADJUSTS WATER TARIFFS TO BALANCE AFFORDABILITY AND SUSTAINABILITY

As Botswana navigates economic pressures, the tariff adjustment reflects a broader strategy to ensure both affordability for citizens.

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UGANDA MOVES TO LINK NATIONAL ID TO TAX SYSTEM IN SWEEPING REFORMS

This initiative is part of a broader set of tax reforms introduced through four new bills tabled before Parliament.

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BMCE CAPITAL LAUNCHES 'CAP’AI' PROGRAM TO DRIVE AI INNOVATION IN MOROCCO’S FINANCIAL SECTOR

The program seeks to foster collaboration among startups, professionals, and AI enthusiasts to develop cutting-edge AI-driven financial solutions.

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NIGERIA TO HARMONISE FISCAL DATA TO IMPROVE TRANSPARENCY, ECONOMIC MANAGEMENT

The initiative, led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, aims to create a more accurate and reliable fiscal database.

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NIGERIA, BRAZIL FINALIZE $1.1B GREEN IMPERATIVE PROJECT FOR AGRICULTURE

The is designed to enhance agricultural productivity while attracting private sector investment.

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GHANA’S PRESIDENT JOHN MAHAMA ENDORSES SOLANA AS A CATALYST FOR AFRICA’S FINTECH REVOLUTION

He highlighted its potential to drive fintech growth, financial inclusion, and blockchain innovation in Africa.

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ABSA GROUP APPOINTS FORMER STANDARD BANK EXECUTIVE KENNY FIHLA AS CEO

The appointment takes effect from June 17, as Absa aims to drive growth and strengthen its market position across Africa.

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BEYOND ROADS AND RAILS: HOW CHINA-AFRICA COOPERATION IS RESHAPING HEALTHCARE AND EDUCATION

China’s emphasis and shitf to health and education positions it as a strategic ally for Africa

By Walcott Aganu

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NIGERIA BANKS ON PRIVATE SECTOR TO DRIVE 7% GDP GROWTH TARGET

The Government is banking on an improved business climate, stronger private sector participation, sustained macroeconomic reforms to drive long-term properity.

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DTB PARTNERS WITH MTN UGANDA TO BOOST DIGITAL PAYMENTS WITH MOMO VIRTUAL CARD

As Uganda continues to embrace digital transformation, solutions like the MOMO Virtual Card play a critical role in reducing reliance on cash transactions.

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KENYA-UK PARTNERSHIP AIMS TO STRENGTHEN FISCAL GOVERNANCE AND TRANSPARENCY

The initiative also underscores the government’s commitment to reducing economic inequality by ensuring tax policies are fair and progressive.

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SOUTH AFRICA TO DRIVE INCLUSIVE CLIMATE FINANCE AND SUSTAINABLE GROWTH AS G20 PRESIDENT

South Africa is poised to lead a global push for inclusive climate finance and sustainable development as it takes over the G20 presidency.

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NIGERIA SEES ECONOMIC STABILITY AS CENTRAL BANK HOLDS INTEREST RATE

The recent rebasing of Nigeria’s inflation index placed the January rate at 24.48%, a significant adjustment that suggests easing price pressures.

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BII SECURES $40.5M INVESTMENT DEAL WITH JOHNVENTS GROUP TO BOOST NIGERIA’S COCOA INDUSTRY

The partnership aims to boost Nigeria’s cocoa industry by expanding production, increasing exports, and promoting sustainability.

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Rwanda Introduces New Tax Reforms to Strengthen Economic Growth

Rwanda introduces new tax reforms designed to ensure sustainable economic growth.

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ETHIOPIA'S DEBT RESTRUCTURING NEARS COMPLETION AS IMF BACKS REFORM EFFORTS

Ethiopia’s push to restructure its debt is nearing completion, a development seen as crucial for stabilizing its struggling economy.

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South African Rand Strengthens as President Ramaphosa Unveils Bold Economic Reforms

President Cyril Ramaphosa outline new wave of economic reforms aimed at driving growth and revitalizing key state-owned enterprises.

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Ex-FirstBank CEO Adeduntan Enters Private Finance Amid Industry Trend

Dr. Adesola announces the launch of Sequoia Financial Services Limited, marking his first major venture since stepping down from FirstBank in April 2024.

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