The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
Banking, Finance & Investment
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AfricaBanking, Finance & InvestmentDevelopmentEconomyFinance & ServicesPoliciesTrade and Commerce
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AgricultureBusinessDevelopmentInfrastructureINVESTMENTPoliciesWestern Africa
NSIA Launches $50bn Pan-African Investment Platform to Drive Infrastructure, Agriculture, and Climate Projects by 2030
The Nigerian Sovereign Investment Authority (NSIA) has introduced a new continental investment platform with a target of raising $50 billion in blended finance to support infrastructure, agriculture, and climate-resilient initiatives …
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EconomyFinance & ServicesINVESTMENTMarketsMobile Telecommunications Network (MTN)NewsNigeriaTelecommunications
Investors Smile as MTN Nigeria’s Share Price Jumps, Adding N3 Trillion in Market Value
Investors in MTN Nigeria Communications Plc have recorded massive profits after the company’s share price rose sharply on the Nigerian Exchange (NGX), pushing its market value up by about N3 …
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Banking, Finance & InvestmentEconomyEnergyFinance & ServicesGOVERNMENTINVESTMENTPolicies
Nigeria’s Eurobond Yields Drop to Two-Month Low as Oil Prices Rise
Yields on Nigeria’s Eurobonds have fallen to their lowest point in two months, following a rise in global oil prices and renewed confidence from international investors. This development is seen …
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Digital EconomyEconomyFinance & ServicesInfrastructureINVESTMENTTrade and Commerce
AfCFTA Targets $712 Billion Digital Trade Market
Africa is preparing to enter a new phase of digital transformation through the African Continental Free Trade Area (AfCFTA), aiming to access a digital trade market worth $712 billion by …
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AfricaAFRICA NEWSBanking, Finance & InvestmentCrimeFinance & ServicesNewsSouth Africa
HBZ Bank, Citibank, and Bank of Taiwan Sanctioned in South Africa
The Prudential Authority, which operates under the South African Reserve Bank (SARB), has issued administrative sanctions against HBZ Bank Limited, Citibank, and the Bank of Taiwan for failing to comply …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyBusiness PoliciesDevelopmentEconomyFinance & ServicesMALAWINews
FDH Bank’s Islamic Banking Records Big Growth, Goes Nationwide in Malawi
FDH Bank plc has announced major success with its Salama Banking product, Malawi’s first Islamic banking window, just one year after its launch. According to the bank, the service has …
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Banking, Finance & InvestmentDevelopmentEconomyEnergyEnvironmentNigeria
Ecobank Joins GET.Invest Green Energy Finance Programme to Boost Renewable Energy in Nigeria
Ecobank Nigeria has been selected as one of the key Nigerian banks to participate in the GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme. The initiative, aimed at strengthening local …
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Banking, Finance & InvestmentBusinessDevelopmentEconomyEducationEntrepreneurshipNigeria
Keystone Bank, Pan-Atlantic University Partner to Promote SMEs
Keystone Bank Limited has signed a strategic Memorandum of Understanding (MoU) with the Enterprise Development Centre (EDC) of Pan-Atlantic University to drive support for small and medium-sized enterprises (SMEs), promote …
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BusinessEconomyGOVERNMENTInternational RelationsINVESTMENTTrade and Commerce
Tinubu Targets China Market as Nigeria Eyes Net Export Status Within 5 Years
President Bola Ahmed Tinubu has said that Nigeria is now in a strategic position to become a net exporter to China within the next five years, following China’s recent decision …