Microfinance in Africa shines through inflation’s shadow
Rampant though receding inflation and central bank interest rate hikes continue to impact African nations struggling to emerge from the COVID-19 economic slump. But many of the continent’s microfinance institutions and fintechs are still seeing micro, small and medium enterprises (MSMEs) seeking credit to expand with limited uptick in non-performing loans. By Shane Starling Sector […]
Digital currency innovations in Africa: What should policy makers take into consideration?
As Sub-Saharan Africa leapfrogs into the digital age with digital currencies, economists from the International Monetary Fund (IMF) weigh up the risks and opportunities of different types of digital payment instruments. By Habtamu Fuje, Saad Quayyum, and Tebo Molosiwa Policymakers in sub-Saharan Africa are looking to improve financial inclusion and efficiency of payments through digital […]