- Advertisement -spot_img

CATEGORY

Business

Burundi turns to domestic borrowing as global debt costs rise

Burundi plans to borrow 545 billion francs from domestic banks in 2026/27 as net external financing turns negative, while the World Bank warns that...

Burundi urban population grows as World Bank warns of jobs challenge

Burundi's rapidly growing urban population is increasing pressure on the country to create jobs, improve infrastructure and expand economic opportunities, as a new World...

Burundi Fuel Crisis: World Bank warns of rising oil prices

Burundi’s prolonged fuel crisis is leaving businesses and consumers vulnerable to further economic pressure as global commodity prices are forecast to rise sharply this...

Oil price surge threatens to raise business costs across East Africa

Rising global energy prices threaten to increase transport and production costs for businesses across East Africa, as supply disruptions push commodity prices higher and...

Burundi’s savers keep money outside banks as tontines dominate

More than half of Burundian respondents say they save money regularly, but savings remain concentrated in community groups and households rather than banks, exposing...

AfCFTA’s promise hinges on market access for Women-Owned businesses

Women and young entrepreneurs across Africa continue to face barriers to finance, technology and markets that could limit their ability to benefit from the...

COMESA’s $1 Trillion Market faces test as Small Businesses struggle with trade barriers

The Common Market for Eastern and Southern Africa is seeking to expand regional trade and attract investment across its 21 member states, but persistent...

World Bank unveils AI infrastructure initiative targeting Africa

The World Bank Group has announced an initiative to help governments in Africa and Latin America access computing infrastructure for artificial intelligence, offering a...

Burundi signs $1.4 Billion power deal to expand electricity access

Burundi has signed a 25-year public-private partnership with Weza Power, a company established by U.S. energy developer Anzana Electric Group, to expand electricity distribution...

World Bank mobilizes $112 Billion in Private Capital, but poorest countries lag

The World Bank Group mobilised $112 billion in private capital in the latest fiscal year, more than three times the amount recorded four years...

Latest news

- Advertisement -spot_img