15 African Banks Recognized for Excellence in Foreign Exchange Services
Global Finance announces winners of the 2025 GW Platt Foreign Exchange Bank Awards, with 15 African banks emerging as top performers in the foreign exchange market.
Finance
Devialet Unveils Luxury Audio Amplifier Amidst Financial Challenges
Devialet launches luxury audio amplifier, the Astra, amidst financial struggles, marking a return to the company's roots and showcasing advanced proprietary technologies.
EACOP Oil Project Faces Financing Hurdles
Tanzania-Uganda oil project worth $5 billion faces financing challenges, prompting stakeholders to infuse more cash.
Ethiopia Raises Revenue Goal to $12.5B with New Tax Measures
Ethiopia sets ambitious revenue goal, introduces new taxes to reach target, amidst economic reforms and IMF bailout
Nigerians Spend Most on Consumer Goods Amid Economic Downturn
New report reveals Nigerians' spending habits amidst economic crisis, with 83% spending on food and groceries, and only 1% on luxury items.
Ethiopia Raises Revenue Goal to $12.5B with New Tax Measures
Ethiopia sets ambitious revenue goal, introduces new taxes to reach target, amidst economic reforms and IMF bailout
Nigerians Spend Most on Consumer Goods Amid Economic Downturn
New report reveals Nigerians' spending habits amidst economic crisis, with 83% spending on food and groceries, and only 1% on luxury items.
Digital Wallets to Face Bank-Like Regulation in US
US Consumer Financial Protection Bureau to supervise digital payment providers processing over 50 million transactions annually
Kenya's Unfair Tax System Costs Sh100 Billion in Wealth Tax
Kenya's tax system favors the wealthy, costing the country Sh100 billion in wealth tax, a new report by NTA suggests.
