Gcr Affirms African Export-Import Bank’s International Scale Ratings of a and A2

Gcr Affirms African Export-Import Bank’s International Scale Ratings of a and A2

Cairo — African Export-Import Bank (Afreximbank) welcomes GCR Ratings’ (“GCR”) latest Rating action on the Bank, affirming the Bank’s international scale long and short-term issuer ratings of A and A2 respectively. The outlook was revised to “Stable” from “Rating Watch Evolving”. GCR has also affirmed the international scale long term programme rating on the USD…

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Creator economy takes centre stage at SA Innovation Week

Creator economy takes centre stage at SA Innovation Week

The programme positions creators as entrepreneurs and technologists influencing product design, digital culture and platform evolution. (Image source: 123RF) South Africa’s growing creator economy will take centre stage at the SA Innovation Week 2026, where a new collaboration between the SA Innovation Summit and Creator Hub will explore how digital creators are driving innovation and…

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Gcr Affirms African Export-Import Bank’s International Scale Ratings of a and A2

Africa: The Black Box Problem – How Africa’s Music Money Is Lost in Global Systems

For African music, 2024 was a landmark year. The International Federation of the Phonographic Industry (IFPI) confirmed that Sub-Saharan Africa’s recorded music revenue surpassed $100 million for the first time, reaching $110 million with a growth rate of 22.6 percent, making it the fastest-growing region in the world. Driven by the global boom of Afrobeats…

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World hit by worst oil shock since the 1970s

World hit by worst oil shock since the 1970s

Share markets nosedived in Asia on Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates across the globe, while investors desperate for liquidity fled to the US dollar. Brent crude soared 27% to US$117.58/barrel, the biggest daily gain since at least 1988, which came on top of…

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