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Ethiopia is set to transform its insurance industry with a new draft law allowing foreign insurers to enter the market for the first time in decades.
South Africa’s National Treasury is proposing significant reforms to its exchange control regulations, moving from a rigid system to a modern, risk-based framework aimed at attracting foreign investment and preventing capital flight.
As leaders gather for the Africa We Build Summit in April 2026, the Africa Finance Corporation warns that Africa’s infrastructure crisis stems not from a lack of funding, but from execution failures.
Ecobank is collaborating with Bank of China to introduce direct local currency to yuan settlement services by 2026, aiming to streamline payments for African SMEs engaged in trade with China.
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African currencies have come under pressure as the ongoing Middle East conflict drives up oil prices, disrupts shipping flows, and sends inflationary shocks across the continent.
As digital finance matures, access is no longer the benchmark. Infrastructure that supports frequent, low-value transactions is becoming central to sustained usage and economic participation.
The IMF’s April 2026 Regional Economic Outlook highlights a stagnation in sub-Saharan Africa’s labor productivity over nearly three decades, contrasting sharply with other regions.
Africa’s reliance on correspondent banking imposes a $5bn annual cost. Open payments architecture offers a structural alternative, promising faster settlement and reduced dependence on foreign intermediaries.
