African Finance – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 20 Sep 2025 14:34:12 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png African Finance – InfoStride News https://www.theinfostride.com 32 32 AfDB Invests $25m in TCX to Boost African Finance https://www.theinfostride.com/afdb-invests-25m-in-tcx-to-boost-african-finance/ https://www.theinfostride.com/afdb-invests-25m-in-tcx-to-boost-african-finance/#respond Sat, 20 Sep 2025 14:34:12 +0000 https://www.theinfostride.com/?p=466922 The African Development Bank (AfDB) has announced a $25 million equity investment into The Currency Exchange Fund (TCX), a global development finance initiative designed to provide local currency hedging solutions for emerging and frontier markets. This latest move is aimed at boosting Africa’s financial stability, reducing foreign exchange risks, and supporting sustainable development projects across [...]

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