Category: Africa

HomeAfrica

By Esther Ososanya  In a decisive move toward building a truly unified African financial market, the Kingdom of Morocco has joined the Pan-African Payment and Settlement System (PAPSS), becoming the 17th country to formally integrate into the pioneering platform. With Bank Al-Maghrib, the Moroccan central bank, officially signing the PAPSS membership agreement, the development marks …

By Esther Ososanya Africa’s path to industrialisation continues to be blocked by two stubborn barriers: poor electricity access and erratic government policies, according to the verdict from Africa’s leading industrialist, Alhaji Aliko Dangote, who, alongside philanthropist Tony Elumelu and former President Olusegun Obasanjo, laid out a bold, solution-driven agenda to unlock the continent’s economic potential. …

By Esther Ososanya Vice President Kashim Shettima has described the ongoing economic reforms under President Bola Tinubu’s administration as some of the boldest in Nigeria’s history, noting that they are already delivering tangible results. Speaking on Tuesday through his Special Adviser on Economic Matters, Dr Tope Fasua, at the opening of the 32nd Annual Meetings …

By Esther Ososanya The Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has called for urgent action to unlock the power of digital trade across the continent. Speaking at a side event during the 32nd Afreximbank Annual Meetings in Abuja, Mene described digital trade as one of the most promising tools …

Africa's Future Lies in Digital Trade, AfCFTA Boss

By Esther Ososanya  Former President Olusegun Obasanjo has delivered a searing critique of Africa’s development failures, blaming the continent’s stagnation on its dependency mindset, corruption, and a misfit political system. Speaking on Thursday at the 32nd Annual Meeting of Afreximbank in Abuja, Obasanjo lamented that despite vast resources and human capital, African nations remain stuck …

Enjoy Unlimited Digital Access

Read trusted, award-winning journalism.

Already a subscriber? Log in