While fraud within the traditional banking sector declined sharply in 2025, a surge in electronic fraud at Payment Service Providers (PSPs) pushed overall financial sector fraud to a record high.
Insurance remains a critical pillar of business resilience, helping companies manage risks, recover from unexpected shocks and sustain economic activity in an increasingly uncertain operating environment.
Sixteen national governments from across Africa, Asia, the Caribbean, Europe and the Pacific met at the 11th Our Ocean Conference and adopted the Mombasa Declaration, committing to advance global fisheries transparency and strengthen efforts aimed at combatting illegal, unreported and unregulated (IUU) fishing.
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