![[Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years](https://theafricanbusiness.com/wp-content/uploads/2023/02/TALA-APP-360x180.jpg "[Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years 18")
Economy
Economy
This SA stock lost 99% of its offshore investment in a decade
Yet another South African industrial business with ambitions of empire-building in far-off markets has been forced into selling the business...
Top 10 African countries leading in private sector investments
The World Bank notes that Sub-Saharan Africa must invest approximately 7.1% of its GDP annually to achieve sustainable development goals,...
Ghana boasts Africa’s best-performing stock index
The Ghana Stock Exchange Composite Index rose 56% in local-currency terms — the most since 2013 — aided by a...
UK rejects report Chagos islands deal with Mauritius could cost $1bn a year
Prime Minister Keir Starmer struck a deal with the then Mauritian government in October that his government said would secure the...
Why Donald Trump’s election could hasten the end of US dollar dominance
Donald Trump’s victory in November’s US presidential election saw the US dollar strengthen. It surged to a one-year high within two weeks,...
Ghana president-elect John Mahama set to look into $3 billion IMF loan
Ghana’s president-elect John Dramani Mahama has revealed his intentions to review the loan from the International Monetary Fund, the current...
Uganda confirms central bank hacking, refutes $17m claim
‘It is true that our account was hacked, but not to the extent of what is being reported,’ Minister of...
South Africa needs a single body to fight corruption, OECD says
South Africa should set up a single agency to fight graft, according to the Organisation for Economic Cooperation and Development (OECD),...
Angola says no negotiations on possible new IMF loan program
‘As part of the preparation of medium-term fiscal projections, the Ministry of Finance requested a note from the IMF that...
At least one parent must be a citizen or legal resident to qualify for US citizenship – Donald Trump says
President-elect Donald Trump has announced that his new administration plans to secure US borders and restore sovereignty, by prioritizing education...
We bring you the best Premium news about African Business.