Image Credit: Africa Finance Corporation To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, … Read More “Africa Finance Corp exits equity stake in Ghanaian port operator” »
The US Treasury’s ongoing barrage of bill issuance has left market participants trying to gauge when investors will lose their appetite for short-dated government debt. Buyers have easily soaked up the $1.56 trillion of Treasury bills issued this year through the end of September, with the bulk coming after the government suspended the debt ceiling … Read More “Wall Street is on high alert for cracks in Treasury-bill demand” »
by Fintechnews Africa 3 November 2023 With the ever-evolving landscape of financial technology, consumer lending has never been more accessible and efficient – in large part, due to fintech innovation. With a global consumer credit market size of US$11 billion, rapidly growing middle classes in emerging markets, and economic uncertainty affecting us all, the opportunity … Read More “Unlocking the Future of Consumer Lending with AI and Automation” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “ISON Experiences exit earns double digit IRR for Gulf Capital” »
Stocks and currencies in Asia rose in a relief rally as investors weighed the possible peak of the Federal Reserve’s historic tightening campaign. Equity benchmarks advanced across the region from Sydney to Hong Kong, with tech firms at the forefront. The South Korean won led emerging-market currencies higher, while the yen also advanced. US stock … Read More “Stocks rally as Fed’s historic rate hikes near end: Markets wrap” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “RMB Corvest and Shalamuka join Switch Telecom’s cap table” »
Shares in Asia traded broadly higher ahead of Wednesday’s Federal Reserve decision. The yen strengthened from near its weakest level this year after Japan’s foreign exchange chief said he was on standby for intervention. MSCI’s Asia Pacific Index rose about 1%, led higher by Japanese stocks, with the Topix benchmark gaining the most in a … Read More “Asia stocks gain before FOMC, yen rises on warning: Markets wrap” »
Image Credit: Husk Power Systems To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, … Read More “Husk Power’s Series D raises over $100mln in a mix of equity and debt” »
US economy likely expanded in the third quarter at the fastest clip in nearly two years, a surprising acceleration primarily powered by a consumer reaping the benefits of resilient job growth, rising wealth and easing inflation. Gross domestic product is projected to have grown at an annual rate of 4.5% last quarter, more than double … Read More “Strongest US economic growth since 2021 puts Fed in tough spot” »
by Fintechnews Africa 27 October 2023 Temenos announced that Africa and Gulf Bank (AGB), one of the progressive banks in Sudan, has selected Temenos to modernize its digital and core banking capabilities. The Temenos solution, hosted on the cloud, will enable AGB to provide products faster to retail and corporate customers in Sudan and around … Read More “Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud” »
