The Online Kenyan Logo

The Online Kenyan

T
Originally published by The Standard Business
📰 Read Full Article
June 9, 2026
9h ago

Beyond the oil: Why Africa's financial elite are heading to Luanda

Beyond the oil: Why Africa's financial elite are heading to Luanda

According to AFIS Deputy CEO, the choice is neither accidental nor merely geographical. It reflects Africa's search for a financial system capable of funding its own ambitions...

✨ Key Highlights

The Africa Financial Summit (AFIS) is moving its 2026 conference to Luanda, Angola, signaling a shift in Africa's financial landscape and a quest for financial sovereignty.

  • The summit will host 1,250 policymakers, central bankers, investors, and fintech disruptors.
  • AFIS Deputy CEO, Maury, highlights Angola's modernizing banking sector and economic diversification as key factors.
  • The move emphasizes the growing importance of developing an integrated African financial system to overcome challenges like high cross-border payment costs (averaging 8%) and facilitate trade for small businesses.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article
Advertisement

Related News

Beyond the White Coat: The Rise of Africa’s New Health Professionals | One Health Podcast
Video

Beyond the White Coat: The Rise of Africa’s New Health Professionals | One Health Podcast

N
NTV Kenya (Youtube)
1w ago
PS Sing'Oei: Africa's financial architecture must be unshackled from unfair terms
Video

PS Sing'Oei: Africa's financial architecture must be unshackled from unfair terms

N
NTV Kenya (Youtube)
4w ago
Beyond the Silicon Savannah: Why Africa's AI revolution must start 'mashinani'
4w ago

Beyond the Silicon Savannah: Why Africa's AI revolution must start 'mashinani'

The article argues that Africa's Artificial Intelligence revolution must be driven from the grassroots ("mashinani") rather than a top-down, urban-centric approach, which risks widening the digital divide.

T
The Standard Business
📰 Read Full Story
Africa pushes tighter rules to fight rising online financial scams
Video

Africa pushes tighter rules to fight rising online financial scams

K
KTN News (Youtube)
2w ago
Why Africa's leaders cannot fix a trust crisis they helped create
politics4w ago

Why Africa's leaders cannot fix a trust crisis they helped create

Two prominent Kenyan leaders, one a former president and the other a current president, recently addressed a significant trust crisis facing the African continent from different locations.

S
Standard Politics
📰 Read Full Story
Ruto calls for global financial reform to boost affordable housing in Africa
top3w ago

Ruto calls for global financial reform to boost affordable housing in Africa

Kenyan President William Ruto is advocating for a global financial reform to address Africa's affordable housing crisis, exacerbated by rapid urbanization.

K
KBC Top Stories
📰 Read Full Story
Advertisement