Once a premium service, instant payments, now worth nearly $2 trillion USD according to a new report, are a financial lifeline for everyday use throughout Africa. The surge is powered by lower transaction costs and rising smartphone use that enables even low-income users to transact in real time. SPECIAL REPORT …
Read More »
COMMENT | Gabby Asare Otchere-Darko | Africa stands at a pivotal economic crossroads. The continent is the world’s largest gold-producing region, yet it holds a fraction of global central bank gold reserves. For decades, gold-rich African economies have operated in a global financial architecture where the US dollar sits at …
Read More »
December is particularly busy, as families prepare for holidays, travel and back-to-school expenses NEWS ANALYSIS | AGENCIES | Africa’s mobile money industry is preparing for its busiest month of the year, with December transactions expected to push 2025’s total beyond the $81bn processed in 2024. But alongside the rise in …
Read More »
HARARE | TASS | The updated US National Security Strategy, published on December 5, shows Washington’s determination to turn Africa into a geo-economic battleground, Zimbabwe’s government newspaper, The Herald, wrote. US plans with regard to Africa are concerning, the newspaper says. The updated strategy shows that Washington’s policy on the …
Read More »
New report exposes major policy and data gaps ANALYSIS | MARY KENNEY | Nearly one million babies are stillborn in Africa every year. Behind every stillbirth is a mother, a family and a story left untold. Most of these are preventable, many unrecorded, and too often invisible. Each number hides a moment …
Read More »
JOHANNESBURG, S. Africa | Xinhua | With cross-border payments still facing obstacles in sub-Saharan Africa, experts and industry practitioners have voiced hope that the attention the issue received at the G20 summit in South Africa will translate into practical reforms. “We need simplified and harmonized regulations that keep up with …
Read More »
KINSHASA | Xinhua | The Democratic Republic of the Congo (DRC) on Monday declared an end to the latest Ebola outbreak in the country. “The chain of transmission has been stopped. I hereby officially declare the end of the 16th Ebola outbreak in the DRC,” Health Minister Roger Kamba told …
Read More »
Ugandan High School Innovators Go Regional Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda, in partnership with Junior Achievement (JA) Uganda, today flagged off the student team from Aga Khan High School, the reigning national winners of the Company of the Year (COY) competition. The students will represent …
Read More »
Without comprehensive reform of the global financial system, Africa’s development and Europe’s stability will face growing risks COMMENT | Nana Akufo-Addo & Ulrich Volz | On November 24-25, African and European leaders met in Luanda, Angola, for the European Union-African Union summit. Marking 25 years of EU-AU partnership, the gathering was not …
Read More »
COMMENT | NANTEZA SARAH KYOBE | A week ago, Uganda hosted its first Africa Industrialization Week, attracting over 40 countries and 450 participants to the Munyonyo Commonwealth Resort to discuss issues related to industrialization of the continent. The launch of the inaugural Africa Industrialization Week in Uganda coincides with a period …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
