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Nigeria hopes to push its remittance inflows to as high as one billion dollars through International Money Transfer Operators. Meanwhile, the country’s external reserves stood at 39.4 billion dollars as of October 24.

Will higher remittance inflow drive stability?

The Chief Economist of the Africa Export-Import Bank, Yemi Kale reiterates the importance of the AfCFTA to Africa, growth and development. 

Kale: AfCFTA implementation to drive Africa’s development

Wale Tinubu, the CEO of Oando, says the integration of Oando and Eni’s Subsidiary, Nigerian Agip Oil Company is currently ongoing since the completion of the 783-million-dollar acquisition.  

Tinubu: Oando-NAOC deal currently at integration stage

The South African payments landscape is characterized by a mix of traditional and innovative payment methods, reflecting a rapidly evolving financial ecosystem. 

Understanding trends in South Africa’s payment systems

The Southern African region has seen lower than unusual rainfall for this time of year, sparking questions around whether we are headed for another tough agricultural season or whether we can expect a delayed La Niña summer. 

South Africa’s La Niña season delays

Afreximbank is the biggest multilateral trade financier in Africa founded in 1993 to support and finance both intra-African and international trade. 

Assessing Africa's trade finance flows 

Kenya's money market funds (MMFs) have seen yields decline following the Central Bank of Kenya's recent rate cuts, which brought interest rates down from 13 per cent at the start of the year to 12 per cent in October 2024. 

Kenya's money market fund strategy shift as yields decline amid falling interest rates

The British International Investment Group, the UK’s Development Finance arm has strengthened its relationship with South African lender Absa. 

UK-led investments to close Africa’s trade finance gap

Forecasts show that Artificial Intelligence has the potential to contribute $1.45 trillion to Africa’s economy if Governments pursue balanced and properly regulated frameworks to manage AI growth. 

Navigating an AI powered future for Africa

The President of the African School of Governance, Kingsley Moghalu says governance and leadership crisis is at the root of Africa’s lingering developmental challenges.

ASG: Governance & leadership crisis root of Africa’s development challenges

The Former Vice President of Nigeria, Yemi Osinbajo says the African Continental Free Trade Area and progress around climate positive growth are examples of Africa speaking with one voice. 

Osinbajo: AfCFTA, climate positive growth show Africa speaking with one voice

The International Monetary Fund says effective revenue mobilisation, setting up broad-based and fair tax systems are key to meet spending needs of emerging market and developing economies, which have considerable untapped tax potential. 

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