“The Bank’s operations have changed the face of the region” – Cameroonian minister April 24, 2024/AfDB In an era of transformative development, the African Development Bank Group stands as a beacon of progress in Central Africa, particularly in Cameroon, where the institution has earmarked more than 50 percent of its […]
Updates
Africa’s $824Bn Debt Burden and Opaque Resource-Backed Loans Hinder Its Potential, AfDB President Warns
The continent would pay $74 billion in debt service payments this year alone, a sharp increase from $17 billion in 2010 April 24, 2024/AfDB Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Akinwumi Adesina […]
Mastercard Transforms the Fight against Scams with Latest AI Tech
Verizon, NatWest and Global Anti-Scam Alliance collaborate with Mastercard to tackle fraudsters April 24, 2024/Mastercard Now more than ever, scammers are taking advantage of the latest technologies like AI to deceive people. According to the FBI, across the United States people lost $12.5 billion to internet scams in 2023 alone. […]
