Global Scans · Financial Services · Weekly Summary

• A $200,000 grant from USAID unlocked a $4.5m investment from South Africa-based Foxfin Financial Services, which has since purchased a 165 ha farm which will create nearly 100 jobs - the majority to be held by women - in macadamia production. African Business
• There's more cutting-edge concerns in the new threats to the financial services industry and the global impact of exponential tech development on jobs - particularly AI and its potential to erode white-collar roles that are the bread and butter of Cayman's middle class. Cayman Compass
• Improving access to financial services could add $3.7 trillion to the GDP of emerging economies by 2025 and create up to 95 million new jobs with lowest-income countries adding as much as 10-12 per cent to their GDP. Department of Economic and Social Affairs

Last updated: 22 February 2026