MarketPulse

Africa

4 articles
BenzingaBenzinga··Hillary Remy

Stablecoins Emerge as Africa's Gateway to Global Finance

Stablecoins are becoming Africa's financial infrastructure backbone, with adoption at 79% among crypto users, driven by remittance cost savings from 8.78% to 0.5-1% and institutional support.
Vstablecoinscross-border payments
GlobeNewswire Inc.GlobeNewswire Inc.··Researchandmarkets.Com

Middle East-Africa Travel Retail Market to Nearly Double to $15.6B by 2031

Middle East and Africa travel retail market projected to grow from $8.24B (2026) to $15.59B (2031), driven by airport expansion and tourism growth.
DUFRYe-commercemarket growth
BenzingaBenzinga··Bamboo Works

China's Diaper Maker Defies Skeptics with 25% Revenue Surge Post-IPO

Softcare Ltd. reports 25% revenue growth and 27% profit increase post-IPO, validating emerging markets strategy and regional manufacturing advantages.
KMBPGSTCAYemerging marketsIPO
BenzingaBenzinga··Akanksha Bakshi

MTN to Acquire IHS Towers in $6.2B All-Cash Deal

MTN agrees to acquire IHS Towers for $6.2 billion in all-cash deal, paying $8.50 per share. Transaction consolidates tower infrastructure assets and expected to close in 2026.
IHSMTNOYacquisitionregulatory approval