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 “BII and emerging markets debt fund sign co-financing MoU” »
The US economy grew at the fastest pace in nearly two years last quarter, fueled by a surge in consumer spending. Gross domestic product accelerated to a 4.9% annualised rate, more than double the second-quarter pace, according to the government’s preliminary estimate Thursday. The economy’s main growth engine — personal spending — jumped 4%, also … Read More “US economy grew at a 4.9% pace last quarter, fastest since 2021” »
Image Credit: Norfund 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 “Norfund provides climate adaptation financing to citrus grower” »
US dollar funding markets are looking sanguine about year end, especially as demand continues to outstrip supply, according to JPMorgan Chase & Co. Trading of overnight general collateral repurchase agreements for the last trading day of the year is steady, while in times of turmoil activity would surge as banks pare their balance sheets. Cross-currency … Read More “Dollar funding markets are showing signs of a ‘muted’ year-end” »
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 “Knife Capital leads talent-on-demand platform’s Series A” »
Over 180 works of fashion from 40 designers drawn from across 20 countries in Africa are currently exhibiting in Brooklyn, New York. The Africa Fashion is celebrating works by iconic designers and artists from Nigerian Shade Thomas-Fahn, Ghana’s Kofi Ansah, South African Thebe Magugu and Djibouti’s Gouled Ahmed. South Africa, Nigeria, Ghana, Morocco and Kenya … Read More “Fashion Revolution in Africa taking the World by Storm” »
US retail sales exceeded all forecasts and industrial production strengthened last month, fresh evidence of a resilient American consumer whose spending is helping stabilise manufacturing. Sales, unadjusted for inflation, increased 0.7% after upwardly revised advances in the prior two months, according to the Commerce Department. So-called control group sales — which are used to calculate … Read More “US economic data keep coming in stronger and defying forecasts” »
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 the investment firms … Read More “Alitheia IDF adds textile firm to portfolio in latest gender-lens deal” »
Asian stocks fell as volatility gripped global markets from an escalation in tensions in the Middle East, driving oil and gold to further advances. MSCI’s Asia Pacific Index – a gauge for benchmarks in the region – lost 0.2% and is set for its biggest weekly drop in two months. China stocks pared earlier losses … Read More “Asia stocks decline, treasuries gain on Fed bets: Markets wrap” »
by Fintechnews Africa 20 October 2023 In Nigeria, the fintech industry has expanded well beyond payment services to now encompass a wide range of segments, including regulatory compliance, credit and blockchain. This growth has been driven by mass adoption of digital financial services and increased collaboration within the sector to facilitate innovation. But despite the … Read More “Despite Growth and Potential, Fintech Development Faces Challenges in Nigeria” »
