Economic growth
Flutterwave, the leading payments technology company in Africa, has secured a crucial Payment Institution (PI) license from the Central Bank of West African States (BCEAO), positioning it to help Senegalese businesses scale by offering seamless digital payment services. This development highlights the company's commitment to connecting Africa to
International trade
US President Donald Trump's threat to impose additional tariffs on BRICS nations has sparked a heated debate on the future of global trade and economic stability. BRICS, a bloc of 11 nations including South Africa, Brazil, Russia, India, and China, has been criticized by Trump, who views its
Economic growth
Bangladesh, strategically positioned between Southeast Asia and the Indian subcontinent, is poised to reap benefits from the ongoing US-China trade war. Sectors such as electronics, pharmaceuticals, agro-processing, and IT services offer promising opportunities as global companies seek alternative production hubs. However, to capitalize on this moment, Bangladesh must address substantial
International trade
Africa's long-standing reliance on the U.S. dollar has placed the continent in a position of financial dependence and economic vulnerability. The dollar has become the dominant currency for global trade, with nearly all imports, international loans, and trade between African countries being settled in dollars. This has
International trade
The global economy is expected to experience a slowdown in the second half of 2025 due to the impact of tariffs imposed on the United States' trading partners, according to CGS International Securities Malaysia Sdn Bhd. While China has been hit the hardest, other US allies such as Canada,
International trade
As the July 9 deadline approaches, dozens of countries are racing to negotiate trade deals with the United States to avoid sharply higher tariffs. US President Donald Trump has announced a 90-day pause on steepest tariffs and indicated that trade partners that fail to reach deals will face higher tariffs,
Financial markets
The forecast for the global economy has become increasingly uncertain and unpredictable in recent months, with the Bank for International Settlements (BIS) warning of potential disruptions to financial markets and a reshaping of the global economic landscape. According to the BIS's annual economic report, trade tensions and fiscal
Economic growth
The World Economic Forum has published a new report forecasting a significant expansion of the travel and tourism industry, with the sector projected to serve 30 billion tourist trips by 2034. The report, produced in collaboration with Kearney and the Ministry of Tourism Saudi Arabia, reveals that the industry is
Economic growth
Over the past few decades, the global economy has been facing numerous challenges that have increased uncertainty in its development. The decline in aggregate factor productivity has been a significant concern, affecting economic growth and sustainability worldwide. A recent study conducted by researchers at the State University of Management analyzed
Financial markets
The US economy is facing a threat that goes beyond inflation and trade wars - chaotic deregulation and selective enforcement of laws have upended markets and investor confidence. A decline in the rule of law has resulted in over $4 trillion evaporating from the US stock market. This approach is
Financial markets
As financial markets used to be severely impacted by Middle East conflicts in the past, the current escalation between Iran and Israel has seen a remarkably composed response. The investment team has been monitoring the situation closely, and while it is a critical time in terms of potential global instability,
Financial markets
The June 2025 Financial Stability Report (FSR) released by the Reserve Bank of India reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability. Despite elevated economic and trade policy uncertainties testing
