The European Investment Bank’s Finance in Africa 2024 report reveals that Africa’s fintech sector has nearly tripled in size since 2020, providing vital financial services to underserved communities. However, high funding costs and limited capital remain barriers to growth, hindering Africa’s climate and digital transitions. Urgent action is needed to address these challenges and unlock Africa’s potential for sustainable economic growth, with initiatives like EIB Global’s Global Gateway aiming to mobilize €100 billion in investment by 2027.
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Brussels should not be shocked by Trump being Trump
US President Trump's tariff threats have tested the EU's trade policy capabilities, revealing both successes, like a political agreement with Indonesia, and failures in its approach to negotiations with the US. The EU's traditional methods are ineffective against Trump's unpredictable style, reflecting a deeper struggle within its institutional structure and reliance on the automotive industry. Explain It To Me Like I'm 5: The article talks about how the EU is struggling to handle trade talks...
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