The US government on Wednesday launched a new public-private partnership to try to enrol the corporate sector in its competition with China for control over strategic minerals in Africa and beyond. The State Department is partnering with the non-profit SAFE […]
An Italian government proposal allowing struggling borrowers to repay soured debt for a fraction of the value will give rise to “significant” uncertainty in the country’s market for bad loans, according to analysts at Fitch Ratings. Prime Minister Giorgia Meloni’s ruling […]
To remain relevant, banks and central banks must evolve to embrace and adopt the opportunities presented by new technologies such as blockchain, mobile money and cloud technology. However, new opportunities also come with risks, which require updated regulations that are […]
Nigeria, Angola and Kenya are among African countries that could draw greater foreign investment flows in the wake of sharp declines this year for their currencies, according to Citigroup Inc. “Countries where we’ve seen significant FX adjustments are clear winners from an […]
Following the 15th annual BRICS summit, which was held in Johannesburg, South Africa, last week, the bloc of five major emerging economies announced the admission of six new members. Iran, Saudi Arabia, Egypt, Ethiopia, Argentina and the United Arab Emirates are […]
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