Abidjan: The newly elected President of the African Development Bank (AfDB), Mr. Sidi Ould Tah, has pledged to serve the continent with humility and a deep sense of duty. Tah expressed his commitment in his acceptance speech delivered before African finance ministers, governors of the bank, and dignitaries at the AfDB Annual Meetings in Abidjan, […]
Month: May 2025
Naira Gains Strength Amid Forex Reforms
Lagos: The Naira appreciated by ?4.59 against the U.S. Dollar on Thursday, closing at ?1,586.15 at the official foreign exchange market. Data from the Central Bank of Nigeria’s website showed that the Naira recorded a 0.28 per cent gain, indicating a slight but consistent upward trend. According to News Agency of Nigeria, on Wednesday, the […]
Johannesburg Gets Ready for Digital Finance Africa 2025
IT News Africa’s Digital Finance Africa 2025 drives fintech innovation, secure cross-border payments, AI advancements, and financial inclusion across Africa. JOHANNESBURG, May 28, 2025 (GLOBE NEWSWIRE) — Africa is undergoing a profound financial transformation, with fintech and cross-border payments leading the charge. The continent’s cross-border payments market is projected to grow from $329 billion in 2025 to […]
The UK, the Netherlands, Egypt and Saudi Arabia among likely winners in the changing world order
TMF Group today launched its 12th annual study on global business complexity, ranking countries according to the burden of their rules for doing business. LONDON, May 28, 2025 (GLOBE NEWSWIRE) — The Global Business Complexity Index (GBCI) studies over 250 indicators of complexity in 79 jurisdictions that represent 94% of the world’s GDP. The complexity that the […]
Le Royaume-Uni, les Pays-Bas, l’Égypte et l’Arabie saoudite semblent bien partis pour s’imposer dans un ordre mondial en pleine mutation
TMF Group a publié ce jour sa 12e étude annuelle sur la complexité des affaires internationales, classant les pays en fonction du poids réglementaire sur les activités commerciales. LONDRES, 28 mai 2025 (GLOBE NEWSWIRE) — L’indice GBCI (Global Business Complexity Index) étudie plus de 250 indicateurs de complexité dans 79 juridictions représentant 94 % du PIB mondial. La […]