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Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

eriinfo.com06 mins

BISSAU — Guinea-Bissau’s economy demonstrated notable resilience in 2025, according to the World Bank Group’s Guinea-Bissau Economic Update (Spring 2026), released today. Real GDP expanded 5.8% in 2025, buoyed by a strong cashew harvest and farmgate prices that supported rural incomes and private consumption. Yet beneath this encouraging headline, the country faces mounting structural pressures…

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Lesaka pushes out Bank Zero deal deadline

Lesaka pushes out Bank Zero deal deadline

eriinfo.com03 mins

Lesaka Technologies has extended the long-stop date for its R1.1-billion acquisition of Bank Zero by nearly six months, to 31 January 2027, as the dual-listed fintech waits on the last of the regulatory consents needed to close the transaction. In a filing, Lesaka said it agreed with the sellers on 11 June to move the…

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Standard Bank Connect joins eSIM space

Standard Bank Connect joins eSIM space

eriinfo.com02 mins

Standard Bank Connect aims for eSIM to be a meaningful share of its subscriber base by the end of 2026. Mobile virtual network operator (MVNO) Standard Bank Connect has introduced its eSIM offering. An eSIM is a digital SIM embedded directly into compatible smartphones and devices. It allows customers to activate mobile services digitally and…

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Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

Africa: FNB Named Africa’s Best SME Bank

eriinfo.com03 mins

First National Bank (FNB) has been named Africa’s Best SME Bank for 2026 at the Global Finance Awards, recognising its support for small and medium sized enterprises (SMEs) across the continent. The award highlights FNB’s role in helping entrepreneurs access banking services, funding and business support. SMEs are widely regarded as the backbone of many…

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Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

Africa: World Bank Group Launches Ten-Year Strategy to Drive Jobs and Prosperity in Uganda

eriinfo.com06 mins

Kampala — The World Bank Group (WBG) Board of Executive Directors today endorsed a new Country Partnership Framework (CPF) for Uganda, a 10-year strategy (2026-2035) designed to accelerate a private sector-led economic transformation and expand opportunities for the country’s rapidly growing population. The CPF, developed in collaboration with the Government of Uganda and in consultation…

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Reserve Bank draws a line on inflation

Reserve Bank draws a line on inflation

eriinfo.com03 mins

Reserve Bank governor Lesetja Kganyago. Siphiwe Sibeko/Reuters Reserve Bank governor Lesetja Kganyago said on Tuesday that the bank would bring inflation back to its 3% target, defending last week’s rate hike as necessary to prevent second-round effects from the Middle East oil shock from becoming entrenched. The central bank  raised its key repo rate by…

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Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

Africa: Standard Bank Marks Africa Day With Week-Long Celebration of Malawi’s Culture, Identity and Growth

eriinfo.com08 mins

Rather than limiting the celebration of Africa Day to a single date on the calendar, Standard Bank Malawi dedicated an entire week to honouring the continent’s rich heritage, cultural identity and shared aspirations, engaging communities across the country in a vibrant campaign that celebrated what it means to be Malawian. Under the theme “We’re in…

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