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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.
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.
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Planning to make contactless payments? Cardtonic Introduces Platinum Card to…
Target Yield offers Nigerians a disciplined goal-driven investment structure with…
In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
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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.
The latest reading marks the highest level since November and extends a reversal of the brief easing seen late last year. Recall that Nigeria’s food inflation dropped to single digits in January for the first time in over a decade.
The IMF’s April 2026 Regional Economic Outlook reveals a divided sub-Saharan Africa: agile reformers like Ethiopia and Uganda are thriving with strong growth, while traditional heavyweights such as South Africa and Angola struggle.
