Sending money to sub-Saharan Africa remains costly, with senders incurring an average fee of 8.37% per transaction as of the second quarter of 2024. CNN This figure significantly exceeds the United Nations' Sustainable Development Goal 10 target, which aims to reduce remittance costs to less than 3% by 2030. High Remittance Costs in Sub-Saharan Africa…
Women in Africa, with their unwavering resilience, have always been a driving force in the continent's progress and development. Despite facing significant challenges, they have found innovative ways to contribute to their societies and economies, leaving a lasting impact on the continent. Women's economic role is one of the most significant impacts in Africa. Women…
Kigali, Rwanda - The African Development Bank Group (AfDB) and the Rwanda Development Board (RDB) have announced the launch of the Sustainable and Inclusive Private Sector Development (SSISPD) project today. This initiative, backed by an AfDB grant of USD 880,000 through the Fund for African Private Sector Assistance (FAPA), is a three-year project to empower…
