Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
The Central Bank of Libya (CBL) has made a strong appeal to the country’s banks and financial institutions to take the lead in reviving long-abandoned housing projects and supporting urban …
The Bank of Ghana has directed all operators in the cryptocurrency and virtual asset space—both local and foreign—to register with the central bank. This new move is aimed at maintaining …
The United Bank for Africa (UBA) Group has restated its commitment to expanding its pan-African presence as it continues to grow beyond Nigerian borders. This came during the Group’s Half-Year …
The Nigerian petroleum downstream sector is set to witness another major milestone as Backbone Infrastructure Nigeria Limited (BINL) has announced plans to construct a $15 billion refinery with a capacity …
German financial giant Deutsche Bank has led a group of international and regional lenders to provide a $747 million syndicated loan to fund the first phase of the Lagos-Calabar Coastal …
President John Dramani Mahama has officially inaugurated the Gold Board Task Force, describing it as a strategic force designed not just for enforcement, but to transform Ghana’s gold industry and …
PalmPay, one of Africa’s leading digital banking platforms, has announced new strategic partnerships with top insurance providers in a move to introduce simplified and affordable insurance products directly within its …
Nigerian banks have resumed the use of naira debit cards for international transactions and online payments, more than three years after suspending the service due to acute dollar scarcity. The …
Egypt is moving forward with its New Administrative Capital (NAC), a multi-billion-dollar mega city project meant to reduce pressure on Cairo and become the country’s new political and economic centre. …
The Central Bank of Nigeria (CBN) has dismissed claims of hidden charges in the Bank Verification Number (BVN) process, assuring Nigerians that the enrolment remains free for residents in the …
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