South Africa’s low economic growth and rising debt burden could see socioeconomic tension intensify and impede…
Category: Finance
Thailand GDP Contracts
Thailand’s economy shrank in the first quarter from a year earlier as coronavirus outbreaks hurt consumption…
Axa Hit by Cyberattack in Asia
Axa has been hit by a ransomware attack affecting operations in several Asian countries. Asia Assistance…
Pomelo Building a Fintech-As-A-Service Platform for Latin America
The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch…
Dogecoin Soars to New Highs
The value of Dogecoin tokens increased by 48 per cent at one point but dipped back…
Bank of England Forecast a Record Best Year for UK
Britain’s economy should grow by 7.25 per cent this year, its greatest rebound since 1941. he…
Absa Bank Secures First Green Loan
The International Finance Corp (IFC) announced it will provide credit of up to $150 million to…
Crypto and Blockchain in Africa
The unprecedented flows into and returns from the asset class, the UK Financial Conduct Authority (FCA)…
Private Equity Remains Largely Untapped in Southern Africa
Zimbabwean private equity firm Takura Capital Partners acquired a majority stake in distressed agro-business Interfresh Limited,…
The Asian Development Bank (ADB) to Stop Financing Oil and Gas Ventures
ADB will not finance any coal mining, oil and natural gas field exploration, drilling or extraction…