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President Chandrikapersad Santokhi announced the “Royalties for Everyone” initiative, which guarantees US$750 in future oil royalties and 7% annual interest for every Surinamese citizen. This financial instrument aims to distribute …
Suriname Introduces Royalties for Everyone Program to Empower Citizens Read More
Standard Chartered PLC plans to explore the sale of its wealth and retail banking businesses in Botswana, Uganda, and Zambia, while continuing to serve corporate client needs. This decision is …
Standard Chartered Plans Exit from Banking Operations in Botswana, Uganda, and Zambia Read More
Standard Chartered Plc is exploring the sale of its wealth and retail banking operations in Zambia, Uganda, and Botswana to enhance liquidity for reinvestment. The bank has reported that these …
Standard Chartered Considers Sale of Banking Units in Africa Read More
Standard Chartered PLC is exploring the sale of its wealth and retail banking businesses in Botswana, Uganda, and Zambia as part of a strategic realignment. The bank will continue to …
Standard Chartered Plans to Exit Botswana, Uganda, and Zambia Banking Sectors Read More
Bolivia has signed a $1 billion deal with China’s CBC to construct two lithium carbonate plants in Uyuni, enhancing its role in the lithium market. President Luis Arce signifies the …
Bolivia Signs $1 Billion Lithium Plant Deal with China Read More
Carlos Lopes highlights Africa’s liquidity access issues rather than a debt crisis, emphasizing the need for reform in international financial systems, improved credit rating methodologies, and better domestic resource mobilization. …
Africa Must Shape an Inclusive Global Financial System Read More
MTN Group has launched 5G networks in Benin and the Republic of Congo, enhancing digital connectivity and promoting financial inclusion. The expansion, which aims to stimulate innovation and economic growth, …
MTN Group Expands 5G Network to Benin and Republic of Congo Read More
Barclays has been fined £40 million by the FCA for failing to disclose arrangements with Qatari investors during its 2008 fundraising efforts, which were deemed ‘reckless’. The bank has decided …
Barclays Fined £40 Million for ‘Reckless’ Fundraising Conduct in 2008 Read More
The IMF reaffirms support for Egypt’s economic reforms, assesses flooding impact in Spain, and notes stabilization in Argentina’s economy, indicating a vital role in managing international financial challenges. The International …
IMF Supports Economic Reforms in Egypt, Assesses Spain Floods, Notes Argentina Stabilization Read More
Congo’s Gecamines has proposed a $1 million bid to block Chinese firm Norinco’s acquisition of Chemaf’s cobalt and copper assets. This situation arises amidst Chemaf’s financial struggles, with debts reaching …
Gecamines Aims to Block Chinese Acquisition of Chemaf Amid Financial Turmoil Read More