Ghana’s Fido Secures $30 Million in Funding to Expand Across Africa
Fido, a Ghanaian fintech, raised $30 million in debt and equity to expand its AI-powered lending services across Africa. This...
Companies
RBI and Bank of Mauritius Establish MoU for Local Currencies in Transactions
The RBI and BOM have signed a MoU to use the INR and MUR in cross-border transactions. The agreement, signed...
Lithium Argentina AG Reports Outstanding 2024 Performance and Future Plans
Lithium Argentina AG reported strong 2024 results, highlighting its Cauchari-Olaroz operation's status as the largest lithium carbonate producer in Argentina....
Woodside Energy Opts Out of Namibia Offshore Farm-In Opportunity
Woodside Energy has declined to farm into Petroleum Exploration License 87 offshore Namibia, allowing Pancontinental Orange to remain the operator....
45 Years of Nigeria Machine Tools Ltd: A Legacy of Excellence and Innovation
Nigeria Machine Tools Limited, established in 1980, has transitioned from a government-run entity to a leading private-sector manufacturer in Nigeria....
Nigeria to Experience 32% Decline in Cash Payments by 2030 Due to Digital Transactions
Nigeria is set to witness a 32 percent decline in cash payments by 2030, as digital payment methods gain traction,...
Rising Bankruptcy Filings Among Brazilian Publicly Listed Companies
More than 20 publicly traded companies in Brazil are seeking bankruptcy protection or restructuring, with an anticipated increase by 2025...
Kenya Pursues New IMF Loan Amid Economic Pressures
Kenya has opted to negotiate a new lending agreement with the IMF, abandoning its existing programme to tackle rising debt...
Brazilian Central Bank to Auction $4 Billion in Dollar Sales with Repurchase Agreements
The Brazilian central bank will auction $4 billion in dollars via repurchase agreements on Wednesday and Thursday, with up to...
Saudi Arabia Awards Mining Exploration Licenses to Local and International Firms
Saudi Arabia's Ministry of Industry and Mineral Resources has awarded mining exploration licenses to both local and international firms, including...
