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Afreximbank and the Fitch Downgrade: The Stakes Are Bigger Than a Credit Rating

05th June 2025, Fitch Ratings downgraded the African Export-Import Bank (Afreximbank) to BBB-, one notch above junk status, and placed it on a negative outlook. For many casual observers, this may seem like just another technical adjustment in the complex world of credit ratings. But the implications of this move—both for Afreximbank and for Africa’s wider financial architecture—run far…

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OnlineEasyPay arrives on the online shopping platform ShopOnline.com

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Launches surge - investors seek alternatives to the industry's biggest names

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News aggregation app Initech raises $100 million from existing investors

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Dynamic Capital Ltd IPO gets oversubscribed by over five times on Day 20

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ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech

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Credit Suisse just rehired a specialty-finance dealmaker who's a double boomerang

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Credit Bank, which offers loans to people without credit score, has raised $15M

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The biggest shifts and trends driving short- and long-term growth in the future

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Vehement Capital partners with ACME to bring its podcast platform to Europe

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Why Lending Money to Friends and Family Is Often a Bad Idea

In December 2024, while scrolling through Facebook, I came across a post by a young Gambian woman living in the diaspora—let’s call her “Mato” for privacy’s sake. Mato publicly declared her 2025 resolution: she would no longer lend money to friends or family. After extending sizeable loans throughout 2024, many of which went unpaid and even led to burned bridges, Mato vowed to protect her…

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Lending to Friends and Family: A Poll Reveals the Hidden Strain on Relationships

Lending money to friends and family is common worldwide, often motivated by goodwill and a desire to help loved ones in need. However, while the intention behind such loans is usually positive, the reality can be far more complicated. A recent poll to understand whether lending money to friends and family impacts relationships has revealed some striking insights into the risks and challenges…

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Tax Reforms in The Gambia’s 2025 National Budget

The Gambia’s 2025 national budget unveils transformative tax reforms to modernize the fiscal system, expand the tax base, and promote equity. These changes are effective from January 1, 2025. This article provides summary points on the key changes. Key Tax Reforms Withholding Taxes Expanded to cover contractors, suppliers, and consultants, with rates of 10% for non-resident contractors, 5% for…

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Decentralized Power Generation in Rural Electrification in Africa

Think about a time when your electricity went out. As you sat in the dark, maybe you wondered how long it would be before you could power up your computer again. Or perhaps you considered what you could make for dinner that didn’t require cooking. Many people in Africa don’t need to imagine such a scenario — they live it. Every day. A large portion of the continent, primarily in sub-Saharan…

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How to Analyse the Market for CFD Trading

In today’s ever-evolving financial landscape, Contract for Difference (CFD) trading has gained significant popularity among traders seeking to capitalise on price movements across various financial markets. Unlike traditional trading methods, CFDs allow traders to speculate on the price movements of assets such as stocks, indices, commodities, and currencies without owning the underlying asset.…

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Six Tips to Boost Work Environment and Employee Morale

One area of concern for managers in various organizations is employee morale. Many managers wonder what steps they can take to boost employee morale. While it might seem insignificant, low employee morale can significantly impact overall efficiency. The State of the Global Workplace: 2022 Report shows that around 65% of the United States workforce needs to be more engaged. Lack of engagement…

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Gambia along EU, EIB & WB inaugurates historic 23 MWp solar plant

Gambia, 22 March 2024 Gambia: strong international support for a new era of renewables with the inauguration of a historic 23 MWp solar plant A significant strategic project with strong substantial economic and social impacts, the recently inaugurated solar photovoltaic plant in Jambur is poised to supply electricity to approximately 18,500 households. This power plant supported by The…