Category: Trust
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African Business Potential On the Up
Low wages make it tough for the average earner to start their own formal business across much of Africa. The priciest place is Equatorial Guinea ($2,322), where a $324 paycheck means a 718% affordability rate. Fees are lower elsewhere, but so are wages. In fact, Congo is the least affordable in the world, with fees…
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U.S. House Financial Services Committee Debates Trump Administration Tariffs’ Impact on Small Banks
Date: February 10, 2025Author: PanAfrican.Email During a pivotal House Financial Services Committee hearing on Wednesday, Rep. Maxine Waters (D-CA) led a robust discussion on the potential repercussions of the Trump Administrationβs proposed tariffs, particularly their impact on small banks. The hearing, which brought together financial experts, policymakers, and industry leaders, highlighted growing concerns over how…
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