Standard Chartered has announced the start of the second phase of its digital retail bank across Africa, aimed at driving digital adoption among new and existing customers focusing on young digital natives
Finance
Africa is showing promising future economic outlook: AfDB
Africa’s GDP growth is projected to reach four per cent in 2019 and 4.1 per cent in 2020, according to the African Development Bank (AfDB)
IMF Staff completes 2019 Article IV visit to Lesotho
An International Monetary Fund (IMF) staff team, led by Joseph Thornton, visited Maseru from 24 January– 5 February 2019, to conduct the 2019 Article IV Consultation discussions with the kingdom of Lesotho
Partech closes US$143mn fund for African tech startups
The Partech Africa Fund has achieved a final closing at US$142.75mn, more than double the size of its first closing a year ago at US$70mn
New deep-sea exploration to boost good ocean governance
First Descent, a collaboration of ocean research institute Nekton, the Commonwealth and other partners will launch a multidisciplinary exploration ocean territory