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International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Reaches Staff-level Agreement on the Fifth and Sixth Reviews of the Extended Fund Facility and the Resilience and Sustainability Facility and Conducts Discussion on the 2026 Article IV Consultation with Seychelles

Seychelles has made strong progress toward key economic objectives, including a reduction of public debt, rebuilding foreign exchange reserves, strengthening the monetary policy framework and financial sector supervision

IMF staff and the Seychellois authorities reached a staff-level agreement on the policies needed to complete the two final reviews under the 36-month Extended Fund Facility and Resilience and Sustainability Facility. Seychelles has made strong progress toward key economic objectives, including a reduction of public debt, rebuilding foreign exchange reserves,…

Binance
Source: Binance |

Binance Earn Offers Users a Simple Way to Put Idle Crypto to Work

As interest in passive crypto strategies continues to grow, Binance Earn is becoming an increasingly important part of how users engage with digital assets

As the cryptocurrency market (www.Binance.com) matures, more users are looking for ways to make their digital assets more productive. Rather than leaving crypto idle in wallets, many are exploring ways to generate rewards without actively trading or constantly monitoring the market. Binance is addressing this demand through Binance Earn, a feature…

United Bank for Africa Plc (UBA)
Source: United Bank for Africa Plc (UBA) |

United Bank for Africa (UBA) Group and British International Investment plc (BII) Sign Letter of Intent to Explore Trade Finance Collaboration Across Africa

The announcement builds on growing momentum around intra-African trade facilitated by the African Continental Free Trade Area (AfCFTA), which entered into force in 2021 and represents one of the world's most significant trade integration initiatives

United Bank for Africa (UK) Limited (“UBA UK”) (www.UBAUK.com) and British International Investment plc (“BII”), the UK’s development finance institution and impact investor, today announced that they have signed a letter of intent to develop trade finance collaboration opportunities. The proposed initiative aims to expand access to trade and working…

Africa Finance Corporation (AFC)

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    • L–R: Ayotunde Anjorin (AFC), H.E. Emmanuel Tutuba (Bank of Tanzania), and Banji Fehintola (AFC) at the signing ceremony for the Bank of Tanzania’s equity investment in AFC
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Source: Africa Finance Corporation (AFC) |

Bank of Tanzania Joins Africa Finance Corporation as Equity Shareholder, Strengthening Sovereign Support and Shareholder Diversification

The investment reflects growing sovereign confidence in AFC’s mandate to mobilise long-term capital for critical infrastructure and industrial development projects across Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that the Bank of Tanzania (BOT) has made an equity investment in the Corporation, becoming a sovereign shareholder and further strengthening AFC’s diversified capital base and pan-African ownership structure. The investment reflects growing sovereign confidence in AFC’s…

Afreximbank

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    • 2025 Certificate of Trade Finance in Africa (COFTIA) graduates at the American University in Cairo (1)
    • 2025 Certificate of Trade Finance in Africa (COFTIA) graduates at the American University in Cairo (2)
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Source: Afreximbank |

Afreximbank announces opening of registration for 2026 certificate of trade finance in Africa

According to AFRACAD, registration for the programme, which is open to banking professionals and other practitioners interested in the area of trade finance, will end on 31 May 2026

The Afreximbank Academy (AFRACAD) (https://apo-opa.co/4bgB4zc) has announced the opening of registration for its 2026 Certificate of Trade Finance in Africa (COTFIA), one of its flagship programmes designed to strengthen Africa’s trade finance capacity by enhancing trade-related skills and addressing critical capacity gaps, enabling the continent to compete more effectively in…

PalmPay

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    • PalmPay Empowers Young Women to Breakthrough into tech through the Purple Women Empowerment Initiative
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Source: PalmPay |

Beyond the Code: How Africa’s Top Fintech is Reimagining the "Woman in Tech" Narrative

Unlike traditional "coding bootcamps," the PalmPay Purple Woman program recognises that a thriving fintech ecosystem requires diverse talent

In the rapidly evolving digital economy of Nigeria, where fintech companies have seen a 70% growth in just one year, a quiet revolution is taking place that goes beyond mobile wallets and transaction volumes. At the heart of this shift is the PalmPay Purple Woman program, a program designed to…

Afreximbank

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    • Mr. Lesley Ndlovu, new Chief Executive Officer, AfrexInsure
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Source: Afreximbank |

AfrexInsure Appoints Lesley Ndlovu as New Chief Executive Officer

By appointing a CEO with deep expertise across global specialty insurance markets, Afreximbank enhances its ability to support trade transactions with robust, locally anchored insurance programs

AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced the appointment of Lesley Ndlovu as its new Chief Executive Officer, effective 2026, replacing Jonas Mushosho. The appointment comes at a critical inflection point for AfrexInsure as it advances its mission to provide tailored specialty insurance solutions…

Starsight Energy

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    • Starsight Energy Africa Group (“Starsight”) partners with British International Investment (“BII”) to advance clean energy growth in West Africa through US$15 million mezzanine funding (Supplied by Starsight) (1)
    • Starsight Energy Africa Group (“Starsight”) partners with British International Investment (“BII”) to advance clean energy growth in West Africa through US$15 million mezzanine funding (Supplied by Starsight) (2)
    • Starsight Energy Africa Group (“Starsight”) partners with British International Investment (“BII”) to advance clean energy growth in West Africa through US$15 million mezzanine funding (Supplied by Starsight) (3)
    • Starsight Energy Africa Group (“Starsight”) partners with British International Investment (“BII”) to advance clean energy growth in West Africa through US$15 million mezzanine funding (Supplied by Starsight) (4)
    • Starsight Energy Africa Group (“Starsight”) partners with British International Investment (“BII”) to advance clean energy growth in West Africa through US$15 million mezzanine funding (Supplied by Starsight) (5)
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Source: Starsight Energy |

Starsight Energy Africa Group (“Starsight”) partners with British International Investment (“BII”) to advance clean energy growth in West Africa through US$15 million mezzanine funding

The funding will drive clean energy growth in Starsight’s existing West African operations, with Nigeria earmarked to receive the majority of the funding

Capital will be deployed in Starsight’s existing West African operations to support growth, strengthen operations and scale energy solutions for commercial and industrial users. Majority of the funds will assist in improving power security in Nigeria, where the unstable grid and reliance on diesel self-generation remain key characteristics of the…

Access Bank PLC

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    • L - R: Roosevelt Ogbonna, CEO/GMD, Access Bank Plc; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Republic of Botswana; Hon. Elizabeth Ofosu-Adjare, Minister for Trade, Agricbusiness and Industry, Ghana; Hon. Chipoka Mulenga, Minister of Commerce, Trade and Industry, Republic of Zambia and Seyi Kumapayi , Executive Director, African Subsidiaries , Access Bank Plc at the 2nd edition of the Africa Trade Conference held in Cape Town, South Africa on Wednesday, March, 11, 2026
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Source: Access Bank PLC |

Access Bank Calls for Stakeholders Collaboration to Boost Intra-African Trade

Ogbonna made the call at the Access Bank Africa Trade Conference (ATC 2026) held in South Africa

The Managing Director and Chief Executive Officer, Access Bank Plc (www.AccessBankPlc.com), Mr. Roosevelt Ogbonna, has called for stronger collaboration among policymakers, financiers and businesses to accelerate trade within Africa and unlock the continent’s economic potential. Ogbonna made the call at the Access Bank Africa Trade Conference (ATC 2026) held in…

Islamic Corporation for the Development of the Private Sector (ICD)

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    • CORRECTION: Islamic Corporation for the Development of the Private Sector (ICD) and the Islamic Republic of Mauritania sign cooperation framework to advance private sector development and strategic investment
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

CORRECTION: Islamic Corporation for the Development of the Private Sector (ICD) and the Islamic Republic of Mauritania sign cooperation framework to advance private sector development and strategic investment

An important part of the MoU is ICD's continued engagement, on a strictly non-binding and best-effort basis, to arrange a Shariah-compliant syndicated or club financing facility for a proposed mining project of strategic importance

Three-year Memorandum of Understanding signed to strengthen ICD's cooperation with the Islamic Republic of Mauritania. ICD to support Shariah-compliant financing mobilization for a proposed mining project of strategic importance. Cooperation to support sovereign credit rating readiness, PPP ecosystem development, and SME financing. The Islamic Corporation for the Development of the…