News
Namibia Repays Outstanding IMF Credit, Making The Country Debt-Free
2+ hour, 8+ min ago (450+ words) Namibia has repaid its remaining outstanding IMF credit, bringing the balance to zero as of late April 2026. As of March 31, 2026, Namibia's outstanding IMF purchases and loans stood at SDR 23. 89 million roughly $23. 823. 9 million USD at recent exchange rates. IMF records for…...
OPay's Rumoured U. S. IPO Could Catalyze Higher Standard and Capital for African Fintech
2+ week, 3+ day ago (408+ words) OPay, one of Africa's leading fintech unicorns, is widely seen as positioning for a public listing'potentially in the US'though no formal SEC filing or official announcement has been made as of April 2026. The Nigerian-headquartered with Singapore base digital payments and…...
When the China Playbook Expired: AI, Not Wages, Will Shape Africa's Industrial Future
3+ week, 14+ hour ago (179+ words) In 2019, writing in Harvard Business Review, I made a clear argument: Africa cannot industrialize by copying China's path because that playbook has already expired. China's rise was anchored on a global system where Western Europe and the United States exported…...
The Emerging Tech Economy: Opportunities for Abia Youth
1+ mon, 1+ week ago (86+ words) Tekedia It is Mentorship Friday as organized by Abia State Technological Skills Acquisition Centre (ATSAC) and I will be speaking today. I will speak on a topic titled "The Emerging Tech Economy: Opportunities for Abia Youth." I am also pleased…...
South Africa and China Sign Framework Economic Partnership Agreement, Aiming for Duty-Free Export Access Amid U. S. Tariff Pressures
2+ mon, 3+ week ago (388+ words) South Africa took a significant step toward deepening economic ties with China on Friday, when Trade, Industry and Competition Minister Parks Tau signed a Framework Agreement on Economic Partnership for Shared Prosperity during a visit to Beijing. Register for Tekedia…...
Africa Bears The Brunt As China's Shift from Lender to Debt Collector Hits Developing Nations Hard " ONE Data Report
3+ mon, 6+ day ago (647+ words) China's transformation from a prolific lender to a net extractor of capital from many low- and middle-income countries has created a stark "great reversal" in development finance flows, with borrower nations'especially in Africa'now repaying more in debt than they receive…...