Imane Fadil

Senegal’s president secures large parliament majority

Senegalese political party PASTEF won Sunday’s legislative elections, giving the president a much-needed large majority to push on through with radical economic reforms. The contenders from different opposition coalitions have all accepted defeat following a peaceful Sunday vote. Bassirou Diomaye Faye, who achieved victory in March’s presidential election, dissolved parliament in September after opposition resistance […]

Japan inks critical mineral deals with five African countries to mitigate reliance on China

Japan has secured deals with five African countries in a move aimed at mitigating Tokyo’s reliance on China for critical minerals, which comes as strategic competition between Western allies and China for access to key raw materials used in high-tech industry heats up. Japan’s Economy, Trade and Industry Minister Yasutoshi Nishimura, accompanied by Ichiro Takahara, […]

Africa’s growing fintech sector transforms fin-services, but funding costs are obstacle — EIB report

The number of fintech companies in Africa have almost tripled this year compared with 2020 as financial conditions across the continent ease, though funding costs are still an obstacle to further growth, according to a new report by the European Investment Bank (EIB). This progress is thanks to the improving access to finance for people […]