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Banking & Finance

Customers of Access Africa will be able to make simple international payments through the new partnership. (Image source: Adobe Stock)

Access Africa, payment product designed to simplify payments, has partnered with Thunes, a leading global payment infrastructure platform, to streamline and simplify cross-border payments across key markets in the continent

Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)

The European Investment Bank (EIB) has indicated that banking sector metrics have remained resilient in recent years with profitability improving

The loan will be used to deliver important infrastructure projects in the country. (Image source: Adobe Stock)

Deutsche Bank AG will provide a loan facility of EU€300mn (approx. US$330mn) to the Government of Tanzania to help finance infrastructure projects across the country

In 2022, the biggest increase in announced greenfield projects was in energy and gas supply. (Image source: Adobe Stock)

UNCTAD’s World Investment Report 2023 has indicated that foreign direct investment (FDI) flows to Africa declined to US$45bn in 2022 from US$80bn in 2021

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