Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
The Egyptian Exchange (EGX) ended Monday in green, adding LE 2.17billion to market capitalization, amid Arab buying. The benchmark EGX30 rose 0.58 per cent, or 65.24 points, to end at …
The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency …
TradeDepot, a supplier to Nigeria’s informal retail stores, plans to expand from Lagos to achieve nationwide coverage this year, co-founder Onyekachi Izukanne tells The Africa Report. The company will need …
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the …
Banks with higher risks exposures will start paying increased premiums to the Kenya Deposit Insurance Corporation (KDIC) starting July 1 following the expiry of the one-year suspension due to the …
Chat us up