As the 17th session of the UN Convention to Combat Desertification enters its final week in Ulaanbaatar, ministers and global leaders will focus on finance, water, land, and food systems. The second and decisive week of the 17th session of the United Nations Convention to Combat Desertification, UNCCD COP17, began on Monday, in Ulaanbaatar, Mongolia,…
Africa Finance Corporation raised CHF 350 million, or about $431 million, through a 5-year digital bond as the infrastructure lender expands its funding sources. The August 12 issue is reportedly the first digital bond from an African institution to be listed, traded and settled through regulated digital market infrastructure. It carries a 1.4925% coupon and…
Lula’s Andrew Keggie, chief information officer, on why the gap between winning work and getting paid is the most solvable problem facing South Africa’s ICT sector. Andrew Keggie In 2026, the ICASA 2026 State of the ICT Sector report listed the sector’s revenue at R273.8bn with telecommunications growing by 4.2%. Demand is strong and the…
Chris Oshiafi PAC Research, one of Nigeria’s leading research outfits, has identified financial architecture, digital innovation, regulatory reforms and political commitment as critical to addressing Africa’s more than $100 billion unmet trade finance gap. The research outfit said digital payment systems, blockchain-enabled trade infrastructure, factoring and supply chain finance could significantly widen access to trade…
For years, African finance ministers have made the same case at investor conferences and multilateral summits: the continent is not short of bankable projects, it is short of affordable capital. This week, that case took a tangible step forward. Legal & General Asset Management, one of Britain’s largest institutional investors, launched the L&G LSF African…
Mohamed Nour Abdeldaim, Sudan’s Minister of State at the Ministry of Finance, led the Sudanese delegation participating in the African Social Impact Summit (ASIS 2026), held under the theme: “Financing Development: Building Resilience and Transforming Emerging Economies.” The summit was organized by the Sterling One Foundation in partnership with the United Nations in Nigeria and…
The Confederation of African Football (CAF) has announced plans to review FIFA’s proposal to open the commercial operations of the FIFA World Cup and other major tournaments to private investment. In a statement issued on Wednesday, CAF said its president, Patrice Motsepe, will meet with the Confederation’s Executive Committee next week to examine the proposal…
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…
