Finance

MENA fintech sector to attract US$2.5bn in deals by 2022, study finds

MENA FintechThe current MENA fintech market is estimated at US$2bn and expected to witness an annual growth of US$125mn until 2022, according to MENA Research Partners (MRP), who added that increasingly compelling business models of fintech are expected to drive the market growth further

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IMF reaches staff-level agreement on Côte d’Ivoire’s debt facilities

IMFThe IMF said it reached an agreement on the third review of Côte d’Ivoire's debt facilities and that the country’s performance under the lender-supported program was satisfactory in 2017

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Moody's maintains negative outlook as Cape Town's water crisis looms

Cape Town DamMoody's maintained its negative outlook on the City of Cape Town, which is battling a severe water shortage

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Freedom House hopes for peaceful power transfer in Botswana

Masisi BotswanaUS-based NGO Freedom House said it hoped Botswana's incoming President Mokgweetsi Masisi would lead a peaceful power transfer after Ian Khama's two consecutive terms in power

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Sudan accedes to the New York Convention

UN HQ NYThe UN on Tuesday said Sudan acceded to the New York Convention, becoming the 159th country to do so

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