World News

Fed Releases the Hypothetical Scenarios for Its Annual Stress Test

February 5, 2025/US Federal Reserve The Federal Reserve Board on Wednesday released the hypothetical scenarios for its annual stress test, which helps ensure that large banks can lend to households and businesses even in a severe recession. Additionally, the Board released two hypothetical elements designed to probe different risks through […]

Afreximbank Challenges Africa’s Miners to Take Bold Steps to Own the Continent’s Resources

Afreximbank was also leveraging digital platforms, such as the Africa Trade Gateway and the Pan-African Payment and Settlement System, to enable efficient transactions and market access February 5, 2025/Afreximbank Africa must take bold steps to own its resources, create jobs and build industries that sustain prosperity for generations, African Export-Import […]

African Union formalizes Partnership with AFRIMA through a MoU

February 4, 2025/AFRIMA On Wednesday 29th January 20205, the African Union (AU) and the All-Africa Music Awards (AFRIMA) formalized its long-standing partnership in promoting Africa’s creative and cultural industries, particularly in the field of music. This MoU aims to strengthen the already existing partnership since 2014 when AFRIMA launched its […]