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30-10-2014 23:52:00 | by: Administrator | hits: 6617840 | Tags:

South Africa joins Afreximbank as shareholder
21-11-2017 | 14:45:00
South Africa has taken up shareholding in the African Export-Import Bank (Afreximbank), the African continental multilateral trade finance institution.
World Bank Group pledges $2.35b in financing for Guinea
21-11-2017 | 14:03:58
During the meeting of the Consultative Group for Guinea held in Paris on November 16 and 17, 2017, the World Bank Group announced financial support totaling $2.35 billion to help Guinea implement its National Economic and Social Development Plan
Eritrea joins Afreximbank as Participating State
21-11-2017 | 09:56:00
The East African country of Eritrea has joined the membership of the African Export-Import Bank, becoming the 48thAfrican country to become a participating state or a shareholder in the continental multilateral trade finance institution.
FCMB Nigeria promotes 537 staff, restates commitment to career and welfare development
20-11-2017 | 11:45:00
FCMB Group and its commercial and retail banking subsidiary, First City Monument Bank Limited, have promoted 537 staff. The promotion is part of the Group’s tradition of rewarding and motivating employees for higher productivity.
Factoring and credit insurance seen as key for SME growth and regional integration - Kanayo Awani
20-11-2017 | 09:40:09
Innovative financial solutions like factoring and credit insurance offer keys to the growth of small and medium-sized enterprises (SMEs) in Africa and can enhance regional integration.
[Egypt] Afreximbank raises $150m equivalent in first-ever Samurai Syndicated Term Loan Facility
20-11-2017 | 09:35:34
The African Export-Import Bank has successfully completed its first ever Samurai Syndicated Term Loan Facility, raising the equivalent of US$150 million, comprised of two tranches of JPY 6.2 billion and US$100 million.
[Madagascar] World Bank Granted $45m to enhance public finance sustainability and the investment climate
20-11-2017 | 09:31:00
The World Bank has approved a $45 million grant for the second Public Finance Sustainability and Investment Development Policy Financing operation.
Central Bank of Egypt approves raising mobile cash transfer limit in Egypt
20-11-2017 | 09:26:40
The Central Bank of Egypt approved increasing caps on cash withdrawals and depositing under mobile-phone cash transfer services, head of marketing department at Vodafone Egypt Karim Shehata announced Sunday.
[Kenya] Stanbic Bank targets rich clients with new wealth division
16-11-2017 | 11:36:46
Stanbic Bank Kenya has launched a new business unit called Wealth dedicated to offering a complete range of financial services including Life and General insurance, investments.
[South Africa] Veridium and Wala in pilot digital banking project that authenticates users with biometrics
16-11-2017 | 09:15:00
Veridium, a leader in strong authentication using biometrics has partnered with Wala, a South African-based, blockchain-powered financial services platform for the unbanked, to bring universal financial services to emerging countries in Africa.
Union Bank Nigeria announces N10bn Agricultural Fund in partnership with NIRSAL
15-11-2017 | 13:00:00
Union Bank recently launched its N10 billion agricultural funding scheme on the platform of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, an all-inclusive lending program established to de-risk lending to the Nigerian agricultural sector.
Full Free Trade Area in sight as remaining COMESA member states make progress to join
14-11-2017 | 08:09:46
Fifteen out of the 19 COMESA Member States as now fully in the regional Free Trade Area with only four countries remaining.
AfDB approves €72 million loan for radical upgrade of Tunisia’s digital capability
13-11-2017 | 07:04:00
The Board of the African Development Bank Group has approved a loan of €71.56 million to support the implementation of ‘Digital Tunisia 2020’ National Strategic Plan.
[South Africa] Nedbank receives $172 million from Africa Development Bank to finance continental businesses
10-11-2017 | 06:58:00
The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 172 million financial package to Nedbank Group Limited of South Africa, to finance local and continental businesses.
[Nigeria] Diamond Bank grows profit by 71% in 9 months
09-11-2017 | 14:30:00
Diamond Bank has handed in its Q3 2017 financial scorecard on the floor of the Nigerian Stock Exchange, displaying moderate growth in key financial parameters despite the lull trailing economic activity after the country exited recession.
Zimbabwe processes mobile transactions worth $11bn in first nine months of 2017
09-11-2017 | 12:00:00
Zimbabwe continues to witness a growth in mobile financial services with the latest figures from the Reserve Bank of Zimbabwe (RBZ) showing that transactions worth US$11 billion were processed during the nine months to 30 September 2017.
AfDB approves €98m loans and €17m partial risk guarantee for Air Côte d’Ivoire program to boost regional aviation industry
09-11-2017 | 10:15:00
The AfDB Group's Board of Directors has approved a total AfDB loan of €98.06 million to finance a program of the regional airline, Air Côte d’Ivoire (ACI) to modernize and expand its operations.
[South Africa] Bravura signs contract with Discovery to drive new corporate saving scheme
09-11-2017 | 09:54:43
Bravura Solutions Limited has signed a long-term contract with Discovery Limited for the implementation of its Sonata platform.
[Tunisia] European Investment Bank, Banque de l'Habitat sign $140 million credit facility to boost business financing
09-11-2017 | 07:44:00
The European Investment Bank and Banque de l'Habitat have signed a new line of credit to strengthen access to bank financing for Tunisian companies, supporting more than 250 SMEs and over 1,600 jobs in Tunisia.
[Nigeria] Stanbic named best private bank in Kenya, Nigeria and Ghana
08-11-2017 | 15:00:00
Standard Bank was named the best private bank in Kenya in the 2017 Global Private Banking Awards held in Singapore last week, in recognition of its wealth investment and management arms.
ECOWAS Central Bank Governors mull common currency to foster economic integration
08-11-2017 | 14:01:00
The Committee of the Governors of Central Banks of ECOWAS Member States led by its chairman, Mr. Godwin Emiefele of the Central Bank of Nigeria (CBN), have called for greater synergy between the West African Monetary Agency (WAMA) and ECOWAS in the bid to attain a single currency in the region.
Jumia Uganda partners with Barclays to introduce card-on-delivery payments for customers
08-11-2017 | 11:24:07
Online shopping firm, Jumia Uganda has partnered with Barclays to introduce the card-on-delivery payment option for customers in Kampala.
Tunisia receives $141 million from AfDB to finance inclusive regional development
07-11-2017 | 10:12:00
The Board of Directors of the African Development Bank Group has approved a loan of $141 million to Tunisia, intended to finance the second phase of the Regional Development Support Program.
Afreximbank launches guarantee programme to leverage financing into Africa
07-11-2017 | 07:13:42
The African Export-Import Bank (Afreximbank) has launched a new guarantee programme aimed at unlocking capital and leveraging much-needed financing into Africa.
[Column] Vahid Monadjem: Broadening financial inclusion through informal sector innovation in sub-Sahara Africa
06-11-2017 | 12:07:00
In developing markets around the world, it is the informal economies that serve as the quietly humming engines of growth. By way of example, the informal economy accounts for over 70% of total employment in sub-Saharan Africa.
[Column] Magnus Nmonwu: Driving automation among small businesses can help meet Nigeria’s tax goals
31-10-2017 | 13:08:00
Comments from the International Monetary Fund (IMF) around Nigeria’s low tax-to-GDP ratio highlight the importance of driving higher levels of payroll and accounting automation among the country’s businesses, especially small, micro and medium-sized enterprises.
African Development Bank supports Nigerian Government’s economic recovery efforts
31-10-2017 | 12:10:00
The African Development Bank wishes to categorically refute the statement that it has “called off loans to Nigeria”, as reported in Reuters and credited to AfDB Vice-President for Power, Energy, Climate and Green Growth Amadou Hott.
Afreximbank initiatives target integration of African businesses into value chain
31-10-2017 | 10:54:00
The African Export-Import Bank is implementing initiatives that seek to integrate African businesses into regional and global value chains, Kanayo Awani, Managing Director of the Banks’s Intra-African Trade Initiative, has said.
Banks granted credit facilities of EGP1.413tn until July - Central Bank of Egypt
31-10-2017 | 10:46:00
In its monthly bulletin on the performance of the banking sector, the Central Bank of Egypt stated that the total balances of credit facilities granted by banks rose to EGP 1.413tn until the end of July 2017.
[Nigeria] Fidelity Bank grows profit by 65.1% as profit before tax hit N16.2bn in Q3 2017
31-10-2017 | 10:42:00
Following its half year audited financial results, Nigerian bank, Fidelity Bank has posted another financial performance for the 9-month period ended September 30, 2017.
World Bank invests $350 million to support financial reforms in Morocco
30-10-2017 | 11:38:24
The World Bank has announced a $350 million program to support wide-ranging reforms of financial intermediation in Morocco.
[Nigeria] Fidelity Bank successfully issues $400m Eurobond, repurchases $256m notes due May 2018
30-10-2017 | 11:30:00
Fidelity Bank priced a highly successful US$400m 5-year Eurobond with a 10.50% coupon in what is the largest combined new issue & liability management offering ever by a Nigerian issuer.
Slide launches in South Africa, with payments to any email address or phone number possible
30-10-2017 | 10:09:00
South Africa has just got its own version of Venmo, one of the US’s most successful payment platforms owned by PayPal that processes $25 billion in person to person payments annually.
African Development Fund approves €48m grant finance for Guinea-Sierra Leone border road reconstruction
30-10-2017 | 08:33:00
The Boards of the African Development Bank Group have approved funding of €48 million from the African Development Fund for the reconstruction of the border road from Guinea to Sierra Leone.
Africa50 reaches financial close for solar plants in Egypt
30-10-2017 | 08:22:00
Africa50, the infrastructure fund for Africa, Scatec Solar and Norfund have signed the long-term financing documentation for the 400 MWDC utility scale photovoltaic power plants in Egypt.
Kenya National Bank upgrades mobile banking services
27-10-2017 | 16:02:52
The NatMobile app allows customers to make payments such as school fees, National Hospital Insurance Fund contributions, utility bills and gives them access to credit card statements.
AfDB approves $3m line of credit to Union Trust Bank Sierra Leone
27-10-2017 | 09:51:00
The Board of Directors of the African Development Bank has approved a line of credit of US$ 3 million (synthetic local currency equivalent) to Union Trust Bank Sierra Leone to help finance projects and enterprises in transformational sectors.
AfDB approves $100m line of credit to Kenya Commercial Bank
26-10-2017 | 14:00:00
The Board of Directors of the African Development Bank today approved a US$ 100 million Line of Credit to Kenya Commercial Bank Limited.
Public Expenditure and Financial Accountability Assessment Method launched in Zimbabwe
26-10-2017 | 09:23:56
The Government of Zimbabwe and the Zimbabwe Reconstruction Fund (ZIMREF) have launched the Public Expenditure and Financial Accountability (PEFA) (2017/2018) assessment and evaluation method.
Africa Finance Corporation signs Zambia as a Member Country
26-10-2017 | 09:05:00
Zambia has become the first Southern African member country of Africa Finance Corporation (AFC), a leading development finance institution for infrastructure in Africa.
Old Mutual Alternative Investments launches third international private equity fund of funds
25-10-2017 | 10:04:05
Old Mutual Alternative Investments (OMAI), Africa’s largest private alternative investment manager, is launching its third International Private Equity Fund of Funds (International FoF III) with a target size of US$300 million.
[Nigeria] CIBN grants Skye Bank’s Business School full accreditation status
24-10-2017 | 14:15:00
Skye Business School has been awarded full accreditation status as a full-fledged banking/finance, business and continuous human capital training academy by the Chartered Institute of Bankers of Nigeria.
[Nigeria] Coronation Merchant Bank appoints Onome Komolafe as Executive Director
24-10-2017 | 10:06:00
Coronation Merchant Bank has appointed Onome Komolafe as Executive Director following the approval of the Central Bank of Nigeria (CBN).
Economic Community of Central African States receives $2million from AfDB
23-10-2017 | 14:35:00
The African Development Bank, through the African Water Facility and the NEPAD Infrastructure Project Financing Facility, approved the disbursement of 2,098,593 euros for the benefit of the Economic Community of Central African States.
[Nigeria] GTBank releases 2017 Q3 unaudited results, reports Profit Before Tax of N150.03Bb
23-10-2017 | 14:27:00
Guaranty Trust Bank plc has released its unaudited financial results for the 3rd quarter ended September 30, 2017, to the Nigerian and London Stock Exchanges.
[Nigeria] CBN unveils framework for BVN, watch-list operations
23-10-2017 | 12:22:00
Central Bank of Nigeria has released a regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, in the quest to develop and enhance security of electronic payment systems in the country.
HSBC and Standard Chartered banks on the spot over corruption activities in South Africa
20-10-2017 | 13:31:26
British Chancellor Philip Hammond has called on UK regulators and law enforcement to review concerns raised by Lord Peter Hain that HSBC and Standard Chartered banks may “have been conduits for the corrupt proceeds of money".
Access Bank Ghana to receive additional capital from majority shareholder
19-10-2017 | 14:10:00
Access Bank Plc, the majority shareholder of Access Bank Ghana has announced its intention to inject additional capital into the Bank’s operations in Ghana before end of Q1 in 2018.
FINCA accelerating financial inclusion through FinTech innovation in Tanzania
19-10-2017 | 10:15:00
According to the 2014–2016 Tanzania National Financial Inclusion Framework the level of formal financial access in the rural areas of Tanzania is 8.5% compared to 23% in the urban areas.
AfDB commits to help Sudan build resilience and tackle fragility
19-10-2017 | 08:04:00
The Board of Directors of the African Development Bank Group (AfDB) has approved Sudan’s Country Brief 2017-2019, designed to help the country build resilience and address core issues of fragility.
Africa Finance Corporation signs master cooperation agreement with International Finance Corporation
18-10-2017 | 15:33:19
Africa Finance Corporation (AFC) has this month become the 30th member of the Master Cooperation Agreement (MCA) at the World Bank's Annual Meetings in Washington DC.
ITFC fuels Gambia’s energy sector with a $ 45million financing
18-10-2017 | 08:49:14
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed a US$ 45 million Murabaha Financing Agreement with the government of The Gambia.
Exim Bank Tanzania deepens financial inclusion with new Dodoma branch
17-10-2017 | 14:54:48
Exim Bank Tanzania has proved its commitment to strengthening financial inclusion in Tanzania by launching a new branch in the Dodoma region of Tanzania.
[Kenya] Mobile cash posts largest drop in August following political campaigns in July
17-10-2017 | 09:40:00
Mobile payments in August posted the largest month-on-month drop this year, coming after intensive political campaigns in July.
World Bank Statement on Support to Nigeria
16-10-2017 | 10:26:03
In 2015, the Government of Nigeria requested World Bank support to respond to the humanitarian and development crisis in the North East of Nigeria.
Ethiopian companies to benefit from European Investment Bank backing for $100m private equity
13-10-2017 | 14:38:00
The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new $100m Cepheus Growth Capital Fund.
Microsoft partners with Ovamba to innovative natural language solutions for African SMEs
13-10-2017 | 08:23:00
Ovamba Solutions, Inc. and Microsoft have partnered to develop the first African language driven “chat-bot” designed to serve the millions of African SMEs who face exclusion from Financial Services due to the challenges of business literacy.
African Development Fund approves US$ 141 million credit risk participations under Private Sector Credit Enhancement Facility
13-10-2017 | 08:16:25
The Board of Directors of the African Development Fund (ADF) have approved a credit risk participations in eight loans cumulatively valued at US$ 141 by the Private Sector Credit Enhancement Facility (PSF).
AfDB launches training program to grow Africa’s textile industry
12-10-2017 | 10:35:49
The African Development Bank and its partners have launched a specialized training program for entrepreneurs and startups in the textile, apparel and accessories sector in Africa.
[Nigeria] FBNHoldings appoints Oluseye Kosoko as Company Secretary
10-10-2017 | 10:30:13
FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval.
ADEA and The Islamic Development Bank sign agreement to fund Africa’s education sector
06-10-2017 | 13:28:48
The Islamic Development Bank and the Association for the Development of Education in Africa (ADEA) have signed a Memorandum of Understanding related to the cooperation in the education sector in Africa.
AfDB issues its first “Light Up and Power Africa” theme Bond
06-10-2017 | 08:17:42
The African Development Bank (AfDB) has issued the first “Light Up and Power Africa” Bond for $90million sold to the Dai-ichi Life Insurance Company, Limited, the sole investor in the transaction.
Afreximbank depositary receipts post gains on first day of trading on Stock Exchange of Mauritius
05-10-2017 | 15:36:00
Depositary Receipts of the African Export-Import Bank started trading on the Stock Exchange of Mauritius yesterday, with the Bank topping the list of issuers in terms of capital raised prior to a listing.
[Nigeria] FirstBank’s payment card issuance hits 10 million
05-10-2017 | 13:30:00
FirstBank of Nigeria has said that it has emerged the first financial institution in Nigeria and West-Africa to issue 10 million cards to customers across the sub-region.
Guinea Bissau renegotiates and reduces outstanding debts to Exim Bank by 90 per cent
04-10-2017 | 08:19:00
Following an official request for support from the Government of Guinea-Bissau, the African Legal Support Facility has provided creditor litigation support and advisory services during outstanding debt negotiations with the Export-Import Bank of China.
[Ethiopia] Cooperative Bank of Oromia accelerates growth with Temenos universal banking platform
03-10-2017 | 12:35:00
Temenos, the software specialist for banking and finance, says that Cooperative Bank of Oromia (CBO) has gone live with its UniversalSuite.
[Kenya] Mobile payment for goods up 71%
03-10-2017 | 12:20:00
More than half the money sent through mobile phones between April and June this year went to paying for goods and services, fresh official data have shown.
Central Bank of Nigeria stops banks from taking charges on bulk transfers
03-10-2017 | 10:06:00
Commercial banks can no longer take Short Message Service (SMS) charges on bulk bank transfers done through the Real Time Gross Settlement (RTGS).
Afreximbank beats private placement target as it goes to market with DR
03-10-2017 | 09:10:00
The African Export-Import Bank is off to a successful listing of its depositary receipts (DRs) on the official market of the Stock Exchange of Mauritius.
Ecobank launches mVisa across 33 African countries
03-10-2017 | 07:39:45
Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers.
Banks in Egypt issue two million credit cards during Ist half of 2017
02-10-2017 | 11:29:52
The number of credit cards of banks operating in the Egyptian market increased to about 5.858 million cards by the end of June 2017 compared to 3.859 million cards in December 2016.
Afreximbank pledges financial and advisory support for Burundi’s economic development
02-10-2017 | 10:23:00
The African Export-Import Bank will provide financial and advisory support to Burundi to facilitate the development of the energy, mining, tourism and agriculture sectors to contribute to the country’s economic recovery.
World Bank Board approves over $20m for Seychelles’ Sustainable Fisheries and Marine Resources Conservation
02-10-2017 | 09:52:00
The World Bank has approved a package of over $20 million for the Republic of the Seychelles to improve the conservation of its marine resources and expand seafood value chains.
Afreximbank targets $500 Million support for Chad’s National Development Plan Projects
02-10-2017 | 09:04:00
The African Export-Import Bank (Afreximbank) is to arrange at least $500 million in multi-sourced financing to support projects in agro-processing, energy, manufacturing, tourism and logistics sectors
[Niger] AfDB commits $4 billion to boost vocational and technical training
29-09-2017 | 15:06:00
The African Development Bank (ADB) Group President, Akinwumi Adesina, has concluded his two-day official visit to Niger with a visit to the Kalmaharo Technical High School in Niamey, is supported by the Bank
African Development Bank sells Industrialize Africa theme bond for $40 million
29-09-2017 | 08:25:39
The African Development Bank (AfDB) has sold its first “Industrialize Africa” theme Bond to Fukoku Mutual Life Insurance Company, the sole investor in the transaction, for $40 million.
Nigeria Central Bank retains lending rate at 14%
28-09-2017 | 12:43:00
The Central Bank of Nigeria (CBN) has left the country's benchmark interest rate unchanged at 14 per cent, alongside all the other monetary policy rates for the seventh consecutive time over fears of consequent inflation.
The AfDB in collaboration with Niger to speed up its development
28-09-2017 | 10:06:24
The President of the African Development Bank (AfDB), Akinwumi Adesina, arrived in Niamey on Tuesday, September 26, 2017 for a two-day official visit to Niger, which began with a meeting with the Head of State, Mahamadou Issoufou.
[Nigeria] BOA, NIPOST to support five million farmers with credit access
28-09-2017 | 09:43:00
The Bank of Agriculture and Nigeria Postal Service are collaborating to provide financial services to five million farmers across the country over the next two years.
Afreximbank’s Egyptian exposure reaches $5.2 billion
27-09-2017 | 10:15:00
Egypt is one of the largest beneficiaries of lending activities by the African Export-Import Bank (Afreximbank), with current total exposure standing at about $5.2 billion, the President of the Bank, Dr. Benedict Oramah, has said.
[Ghana] First Atlantic Bank announces investment by Advanced Finance and Investment Group
27-09-2017 | 07:42:48
First Atlantic Bank (FAB) has finalized an agreement with Advanced Finance and Investment Group, AFIG Funds, for an investment in the Bank.
[Uganda] Mobile Money Transactions hit Shs44 trillion
25-09-2017 | 11:13:04
A report by Bank of Uganda found that the annual amount of money transferred through mobile money totalled Shs 43.83tn in 2016, up from Shs 32.7tn in 2015. This accounts for a 34 per cent jump in value.
Afreximbank Announces Development of African Trade Centres
25-09-2017 | 10:31:48
TheAfrican Export-Import Bank has embarked on a concept to transform its buildings into iconic business complexes with integrated one-stop trade services shop, the President, Dr. Benedict Oramah, has announced in Harare.
Ecobank introduces cardless cash withdrawal service
25-09-2017 | 10:24:34
Ecobank said it is striving to address the needs of the unbanked (and the general populace) by transforming a mobile phone into an all-in-one bank account and payment/cash withdrawal tool.
[Nigeria] Union Bank’s N50b Rights Issue now open for subscription
25-09-2017 | 09:49:00
Union Bank has the announced subscription period for its N50 billion Rights Issue which commenced on Wednesday, September 20 and will close on October 30, 2017.
The African Development Bank Group approves €15m equity investment in the Mediterrania Capital Fund III
25-09-2017 | 09:34:00
The AfDB has approved a EUR 15 million equity investment in the Mediterrania Capital Fund III under the management of an experienced team of Mediterrania Capital Partners with strong transactional and operational experience in private equity.
[Nigeria] FSDH Merchant Bank announces investment by AFIG Funds
25-09-2017 | 09:25:00
FSDH Merchant Bank has announced that AFIG Funds, a leading African private equity fund manager has, through the Atlantic Coast Regional Fund (ACRF), completed an investment in the Bank.
AfDB, AU, UN agencies pledge more action for Africa’s industrial transformation
25-09-2017 | 09:17:00
The African Development Bank has joined partners from the African Union Commission, African governments, key United Nations agencies and development finance institutions to renew support for African countries’ industrialization.
Afreximbank provides $600m line of credit to Zimbabwe’s Reserve Bank
25-09-2017 | 09:02:00
TheAfrican Export-Import Bank (Afreximbank) has entered into a memorandum of understanding (MOU) to provide a $600-million line of credit to the Reserve Bank of Zimbabwe (RBZ).
[Nigeria] AFIG latest shareholder of FSDH Merchant Bank after undisclosed investment
22-09-2017 | 08:13:55
FSDH Merchant Bank, a financial services group in Nigeria, has revealed that Advanced Finance and Investment Group (AFIG Funds), a leading African private equity fund manager has, through the Atlantic Coast Regional Fund (ACRF), completed an investment in the Bank.
Comoros joins Afreximbank as Participating State as Chad, South Sudan conclude ratification
21-09-2017 | 13:27:00
Membership of the African Export-Import Bank has moved closer to full coverage of the African continent with the decision by the island of Comoros to join the continental multilateral trade finance institution as a participating state.
Afreximbank, in first Tunisian intervention, grants €50m trade facility to Loukil Group
21-09-2017 | 10:36:00
The African Export-Import Bank has initiated its first–ever intervention in Tunisia with a 50-million Euro Global Trade Facility in favor of Loukil Group of Tunisia.
WWF partners with the AfDB on the Africa Nationally Determined Contributions Hub
21-09-2017 | 10:16:00
The Wide World Fund for Nature and the African Development Bank have joined forces to advance the work of the Africa Nationally Determined Contributions Hub in addressing the impacts of climate change on the continent.
African Development Bank debars Malian company Entreprise de Construction Urbaine et Rurale
21-09-2017 | 09:31:00
The African Development Bank Group (AfDB) on September 19, 2017, announced the debarment of Entreprise de Construction Urbaine et Rurale (ECUR) for a minimum period of three years.
Kwabena Ayirebi appointed Director of Banking Operations at Africa Export Import Bank
20-09-2017 | 16:09:06
The African Export-Import Bank has appointed Kwabena Ayirebi, as Director, Banking Operations.
Finance Indaba 2017 | 12-13 October 2017 | Johannesburg, South Africa
20-09-2017 | 07:19:00
Finance Indaba Africa is the biggest annual expo and conference for finance professionals.
[Column] Tony Elumelu: Why Africapitalists will build a continent’s future
19-09-2017 | 11:36:00
Africa is a place of real business opportunity that the world should be alive to. I know, having built businesses that now operate in 20 African countries and through creating a program over 10 years that is funding and mentoring 10,000 African entrepreneurs.
[Ghana] 25 banks still below 50% of new capital requirement
19-09-2017 | 10:52:00
Over 25 banks in the country will have to race against time to meet the new capital requirement announced by the Bank of Ghana (BoG) as their current capital is less than 50 percent of the 400 million cedis quoted by the central bank.
World Bank commits $700 million to advance equitable access to basic services for millions of Ethiopians
19-09-2017 | 07:46:07
The World Bank has approved the International Development Association (IDA) additional financing of $700 million in support of Ethiopia’s continued efforts to improve equitable access to basic services and reinforce accountability systems at the decentralized level.