Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
Commercial banks in Ethiopia are currently grappling with a serious liquidity crisis, raising concerns across the financial sector. According to insiders who spoke to The Reporter, the problem is being …
A new report by Proshare has revealed that only two Tier 1 banks — Zenith Bank and Access Holdings — have crossed the N500 billion share capital and share premium …
Some sectors of the Nigerian economy, like the marine and blue economy, entertainment and arts, and hospitality, are expected to benefit from the ongoing recapitalisation of banks. This was made …
PremiumTrust Bank, a leading commercial bank in Nigeria, has opened a new branch in Osogbo, the capital of Osun State. The bank made this announcement in a statement on Thursday. …
Uganda’s Finance Minister, Matia Kasaija, says the country’s economy is expected to grow by at least 7% in the fiscal year starting July 2025. This optimistic projection comes at a …
PiggyVest has solidified its position as a leading digital platform for savings and investments in Nigeria. It continues to empower millions, making financial discipline and wealth growth more accessible than …
The African Export-Import Bank (Afreximbank) has announced it facilitated a record USD 32 billion in international trade payments for Ethiopian businesses in 2024, through its AfPAY Trade Payment Services platform. …
Kenya Commercial Bank (KCB) Group Limited is poised to become the first foreign banking institution to enter the Ethiopian financial services sector, following the country’s recent banking liberalisation reforms. Sources …
The Nigeria-Vietnam Chamber of Commerce and Industry (NVCCI) has announced a strategic collaboration with a Vietnamese Joint Stock Company focused on delivering sustainable renewable energy technologies, in a move aimed …
The Securities and Exchange Commission (SEC) has reaffirmed its ban on Crypto Bridge Exchange (CBEX) and its parent company, ST Technologies International Ltd, warning the public against engaging in any …
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