Finance & Economics - page 8

Seekr and Stephano Slack AI Partnership Set to Transform Financial Auditing and Advisory Services
News

Seekr and Stephano Slack AI Partnership Set to Transform Financial Auditing and Advisory Services

Seekr and Stephano Slack have announced a strategic collaboration to bring artificial intelligence (AI) into financial auditing and advisory workflows, dramatically speeding up processes and improving accuracy for firms across the middle market.

African Energy Chamber and ccCASH Join Forces to Channel Climate Finance Directly to African Households
News

African Energy Chamber and ccCASH Join Forces to Channel Climate Finance Directly to African Households

The African Energy Chamber has partnered with ccCASH to launch a pan-African clean cooking currency aimed at putting climate finance directly into households and accelerating the adoption of sustainable cooking solutions.

Bank of England Cuts Rates to 3.75%, Signalling Shift Toward Economic Support
News

Bank of England Cuts Rates to 3.75%, Signalling Shift Toward Economic Support

The Bank of England’s decision to cut its benchmark interest rate to 3.75% is remarkable for the UK economy, with wide-ranging implications for consumers, businesses and the payments sector.

African Development Fund Secures Record $11B, Signalling Shift to Africa-Led Investment-Driven Growth
News

African Development Fund Secures Record $11B, Signalling Shift to Africa-Led Investment-Driven Growth

The African Development Fund has raised a historic $11 billion for its 17th replenishment, marking a decisive move toward African ownership and a new, investment-focused development model.

African Development Bank Maps AI Path to $1 Trillion GDP Boost by 2035
Science & Technology

African Development Bank Maps AI Path to $1 Trillion GDP Boost by 2035

A new African Development Bank report outlines how artificial intelligence could unlock up to $1 trillion in additional GDP for the countries of Africa by 2035, positioning AI as a practical driver of productivity and inclusive growth across the continent.

UAE Unveils Blueprint to Counter Cyber-Enabled Financial Crime Surge
News

UAE Unveils Blueprint to Counter Cyber-Enabled Financial Crime Surge

Cyber-enabled financial crime is accelerating worldwide, and the UAE is taking decisive action to strengthen its national defences, thoroughly researching the scope of a problem and potential solutions in a landmark analytical paper released in cooperation with Themis.

U.S. Household Debt Hits Record $18.6 Trillion as Economic Pressures Shift
News

U.S. Household Debt Hits Record $18.6 Trillion as Economic Pressures Shift

U.S. household debt climbed to a record high in Q3 2025, underscoring a critical turning point for consumer finances and offering key signals for economists assessing the strength of today’s market.

APAC Insurers Shift Toward External Asset Management as Private Markets Expand, CWAN Survey Finds
News

APAC Insurers Shift Toward External Asset Management as Private Markets Expand, CWAN Survey Finds

A new Clearwater Analytics survey shows 67% of APAC insurers plan to increase their use of external asset managers as private markets grow and technology reshapes investment operations.

Côte d’Ivoire Joins Arab Africa Trade Bridges Program to Strengthen Regional Trade and Investment Integration
News

Côte d’Ivoire Joins Arab Africa Trade Bridges Program to Strengthen Regional Trade and Investment Integration

Côte d’Ivoire’s new membership in the Arab Africa Trade Bridges (AATB) Program supports deeper economic cooperation across high-growth Arab and African trade corridors, where intra-regional commerce continues to expand steadily.

New Report Warns of a Growing Financial Crime Where Criminal Networks “Launder” Wildlife to Disguise Illicit Profits
News

New Report Warns of a Growing Financial Crime Where Criminal Networks “Launder” Wildlife to Disguise Illicit Profits

A new RUSI report reveals that wildlife laundering has become a sophisticated financial crime used by criminal networks to mask illegal profits through seemingly legitimate businesses.

Moldova’s State Aid Scheme Opens Strong Opportunities for Foreign Strategic Investors
News

Moldova’s State Aid Scheme Opens Strong Opportunities for Foreign Strategic Investors

Invest Moldova welcomes foreign investors seeking a competitive edge, unveiling a State Aid Scheme that delivers substantial financial incentives and positions Moldova as one of the most attractive strategic manufacturing hubs in the European neighbourhood.

Sierra Leone Secures Major Boost as Baomahun Gold Project Locks In $330M Financing
News

Sierra Leone Secures Major Boost as Baomahun Gold Project Locks In $330M Financing

A landmark $330 million financing package for Sierra Leone Baomahun Gold Project signals one of the country’s most significant steps yet toward unlocking the full economic potential of its gold industry.

Nigeria: African Development Bank Group Provides $500 Million Loan to Support Economic Governance and Energy Transition
News

Nigeria: African Development Bank Group Provides $500 Million Loan to Support Economic Governance and Energy Transition

The African Development Bank Group has approved a $500 million loan to Nigeria to finance the second phase of its Economic Governance and Energy Transition Support Programme, aimed at accelerating energy sector reforms, improving fiscal management, and fostering an investment-friendly environment across the Federation.

African Development Fund Approves Additional 28 Million Dollars to Strengthen Benin Private Sector Growth
News

African Development Fund Approves Additional 28 Million Dollars to Strengthen Benin Private Sector Growth

A new round of financing from the African Development Fund aims to accelerate private sector development, enhance economic zones, and reinforce climate and governance reforms as Benin advances toward stronger, more diversified economic growth.

Singapore Launches First Fully-Insured Physical Gold Fund, Democratizing Gold Ownership for Retail Investors
News

Singapore Launches First Fully-Insured Physical Gold Fund, Democratizing Gold Ownership for Retail Investors

A new gold fund backed by physical bullion and vaulted in Singapore is set to redefine access to precious-metal investments, offering retail investors institutional-grade gold exposure with unprecedented ease.

AI-Powered Portfolio Tools Set to Transform Wealth Management as Wealth Pools Surge
News

AI-Powered Portfolio Tools Set to Transform Wealth Management as Wealth Pools Surge

With the wealth management industry in Asia projected to reach $363 trillion by 2026, AI-driven portfolio tools are emerging as a defining factor for firms aiming to capture the coming wave of growth.

Finance & Economics