Africa’s journey towards economic transformation requires bold reforms, stronger institutions, sustained investments, and deeper partnerships to unlock the continent’s vast potential, The Gambia’s Minister of Finance and Economic Affairs, Seedy K.M. Keita, has said. Speaking at the closing of the 2026 meeting of African Governors of the International Monetary Fund (IMF) and World Bank Group…
Regulators and investors have urged urgent expansion of green finance instruments — from green bonds to sustainability-linked loans — as the key to unlocking Africa’s low-carbon transition, closing the continent’s climate finance gap and attracting global capital. The urgent need for Africa to transform sustainability commitments into measurable action took centre stage as business leaders,…
TRANSPARENCY International Zimbabwe (TIZ) has called for stricter political finance laws and faster anti-corruption action as Zimbabwe joined the continent to mark Africa Anti-Corruption Day over the weekend. This year’s theme, “Scaling Up the Promotion of Integrity and Anti-Corruption Actions Across Africa,”calls for moving beyond commitments to concrete results, TIZ said. The organisation warned that…
The African Union (AU) and the African Capacity Building Foundation (ACBF) have begun preparing African diplomats for what could become one of the continent’s biggest climate financing opportunities, training more than 80 ambassadors, senior diplomats and policy experts to negotiate a stronger African position in the rapidly expanding global carbon market. The high-level training, held…
Daba Finance Weekly Market Digest: June 29 – July 05 African financial markets concluded the week of June 29 to July 05 with a notably constructive tone, highlighted by continued rallies and significant growth across several exchanges. The BRVM Composite Index specifically recorded an impressive gain of +2.2%, nearing the 460-point mark and demonstrating sustained…
Faced with shrinking aid budgets and shifting donor priorities, African governments are exploring new ways to finance development, from mobilising pension funds to attracting private investment and strengthening regional partnerships. The change reflects a growing focus on funding development through domestic resources, investment, and regional partnerships rather than external assistance. Experts say that African governments…
Jun 9 2026 (IPS) – Somewhere in Africa today, a woman will spend more than 30 minutes collecting water that may make her and her children sick. At the same time, her government will face severe fiscal constraints that will limit its ability to provide clean water, among other basic services. This injustice sits at…
Two years after the continent’s banking leaders declared that AI could no longer be a sideline experiment, the 2026 Finance Transformation Africa (FTA) summit will force a harder question: who has actually built the roads? Scheduled for 30 September to 1 October at the Maslow Hotel in Sandton, this year’s gathering (expanding from banking into…
Small and medium-sized enterprises (SMEs) across Africa continue to face tighter lending conditions, higher collateral requirements, and limited access to formal trade finance despite evidence showing that their credit risk profile has remained relatively stable. According to a new African Development Bank (AfDB) report released in Brazzaville on May 27, SME-related default rates, averaging between…
The latest economic outlook report by the African Development Bank (AfDB) projects that the continent will grow at 4.2 per cent in 2026, slightly down from 4.4 per cent in 2025, before bouncing back to its growth trajectory in 2027. The downward revision for 2026 comes at the back of heightened geopolitical tensions and global…
