Nigeria

Africa’s massive unbanked population creates huge opportunities for incumbent banks and fintech start-ups

Jason Mitchell November 16, 2023

Africa has the most profitable banking sector in the world and its massive unbanked population is creating enormous opportunities for incumbent banks and fintech companies alike.

Saudi Arabia hosts kingdom's first Africa summit, to boost ties, promote stability

bne IntelliNews November 13, 2023

Saudi Arabia is hosting its first ever Africa Summit, underscoring Crown Prince Mohammed bin Salman's (MbS) growing focus on African affairs.

IMF: China’s slowdown will hit sub-Saharan growth

Hany Abdel-Latif of IMF, Michele Fornino of IMF November 10, 2023

China has forged deep economic ties with countries in sub-Saharan Africa over the past 20 years, making it the region's largest single country trading partner so China's economic slowdown will hurt Africa.

UN report: two years left to reduce emissions and avoid global disaster, and we probably won't make it

Ben Aris in Berlin September 11, 2023

We have two years to fix the climate and reach the Paris accord emission targets, according to a UN global stocktake report, and we are not going to make it.

Africa, Asia most people living in extreme poverty

Katharina Buchholz for Statista September 5, 2023

The place where the highest share of people continue to live in extreme poverty is Sub-Saharan Africa. As of 2019, the latest year available with the World Bank, more than a third of people in the region lived below the international poverty line.

How France is losing Africa

Ben Aris in Berlin September 4, 2023

France is rapidly losing its influence in Africa as country after country rebel against their former colonial master and rally to the new BRICS bloc.

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