by afrikanfrontier | Dec 14, 2023 | Business, Finance, News, Politics
Tidjane Thiam, the former Chief Executive Officer of Credit Suisse, has announced his electoral bid for the leadership of the Democratic Party of Ivory Coast, the country’s main opposition party. Thiam, who led the Swiss bank from March 2015 to February 2020,...
by afrikanfrontier | Nov 25, 2023 | Finance, News
The recent impasse in Zambia’s debt restructuring has dealt a blow to the Common Framework of the Group of 20 (G20), raising concerns for other African nations, particularly Ghana, currently navigating similar negotiations. The rejection of a $3 billion debt...
by afrikanfrontier | Nov 7, 2023 | Business, Finance, News
The Bank of Zambia has implemented measures to address the sharp depreciation of the kwacha, one of the world’s poorest-performing currencies in recent times. Since the beginning of the second half of the year, the kwacha has experienced a significant decline of...
by afrikanfrontier | Oct 6, 2023 | Finance, News, Politics
As the IMF prepares to hold its annual meetings in Africa for the first time in 50 years, Managing Director Kristalina Georgieva is striving to convince the public that the institution is now a strong partner for the continent. She touts expanded financial assistance...
by afrikanfrontier | Oct 6, 2023 | Finance, News, Politics
The Zambian government is optimistic that an agreement can be reached with its official creditor committee to restructure $6.3 billion of external debt by the end of the International Monetary Fund (IMF) gathering in Marrakesh, Morocco this week, according to sources...
by afrikanfrontier | Aug 17, 2023 | Business, Finance, News
The announcement that Mastercard will acquire a stake in African telecom giant MTN’s financial technology arm underscores the vast potential of Africa’s burgeoning fintech sector. As a champion of African innovation, this deal exemplifies the...