Arab parliament

Visa to inject $1bn in Africa over 5 years to cash in on e-payments boom

Visa Inc has announced plans to invest $1 billion over the next 5 years in Africa in a bid to capitalize on the emerging economy’s rapid growth in digital payments. “Visa has been investing in Africa for several decades to grow a truly local business,” chief executive officer Alfred Kelly Jr said in a statement. […]

AfDB forecasts 2.3 growth rate for Tunisia over 2023-2024 period

Tunisia will witness a 2.3 per cent economic growth rate in 2023 and 2024, the African Development Bank (AfDB) announced Wednesday, as it presented its economic outlook for 2023. The Abidjan-based institution also projects inflation to stand at 8.8 per cent over the same period. The inflation figure is slightly higher than that of the […]

South Africa takes over G20 presidency amid global polarization due to wars, trade tensions

South Africa became the first African country to take over the G20 presidency on Sunday (1 December), which may also be the most challenging yet amid growing global political instability and shifting world order. As the first African country ever to lead the forum, Pretoria said that while it aims to focus on issues such […]