Dashen Bank has forged a strategic alliance with Mastercard, introducing the revolutionary ‘Dashen Mastercard,’ a pioneering multi-currency international prepaid card, in a momentous development within Ethiopia’s financial sector. The announcement was made at a press conference held at the bank’s headquarters, signifying a significant leap in the country’s card-based financial services. The Dashen Mastercard stands […]

Investor sentiment in South Africa has taken a notable downturn as concerns mount over the potential for a severe budget deficit, according to a recent survey conducted by Bank of America Corp. The looming prospect of a larger-than-expected deficit on November 1 has raised apprehensions, with 82% of the 11 local fund managers surveyed this […]

In a significant financial development, the Ghanaian government has announced the reopening of its debt exchange program for holders of domestic bonds who did not participate in the previous deal that concluded in February. This reopening entails offering a package of new tranches of the same bonds issued by the government as part of the […]

Mozambique’s quest for justice and financial recovery takes center stage as the nation prepares to seek approximately $1.5 billion in damages during an upcoming trial next month. This legal battle is a response to the alleged $2 billion ‘tuna bond’ fraud that wreaked havoc on the country’s finances over the past decade. The United Kingdom’s […]