Economy

October 23, 2018

Africa Update: Kenyans warned against online forex trading through unlicensed entities, what you need to know

NAIROBI (Reuters) – Kenya’s Capital Markets Authority (CMA) warned Kenyans on Monday against online foreign exchange trading through unlicensed entities, saying they risked losing their investments. […]
October 19, 2018

Africa Update: Why banking in a cashless society will require African solutions for African problems

African economies are well positioned to benefit from rapidly accelerating technological change if they can harness the current open landscape for innovation. East Africa is already […]
October 15, 2018

Africa Update: The risks in Somalia’s growing mobile money market

A recent World Bank report showed that Somalia has one of the most active mobile money markets in the world, outpacing most other countries in Africa. […]
October 12, 2018

Nigeria Update: Developing economies call for global action to contain risks

Volatile capital flows, foreign exchange pressures and higher borrowing costs have buffeted emerging markets as major economies have begun rolling back the very low interest rates […]