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US Treasury Secretary to urge for ‘speedy’ action on Ghana, Zambia debt relief within G20 framework
US Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Ghana and Zambia for restructuring of their sovereign debts, as a record number of developing nations are at risk of a debt crisis, with ballooning inflation escalating borrowing costs. Yellen, who is scheduled to meet with her counterparts at this […]
Financial Times puts South Africa’s infrastructure crisis on spotlight
In addition to electricity blackouts, international media is increasingly deploring South Africa’s infrastructure dysfunctions. Financial Times zoomed on water cuts in South Africa’s largest city, Johannesburg. “The prolonged outage that has left taps dry across a swath of Johannesburg and the wider Gauteng province signals a deepening crisis in the water system during one of […]
Mauritania suspends digital transfer point services amid regulatory concerns
The Mauritania Digital Transfer Points Association on Wednesday announced a temporary and organized suspension of withdrawal, deposit, and transfer services, citing recent measures linked to electronic transaction regulations. The association said the move was not directed at banking partnerships but aimed at safeguarding the sector and ensuring the delivery of financial services under safe and […]



