Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
MTN’s Mobile Money (MoMo) service in Ghana is taking a hit from the introduction of a levy on electronic transfers which came into effect in May, with revenue from person-to-person …
Operatives of the economic and financial crimes commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira. …
Three Kenyans are locked in a court battle with a woman from the Southeast Asian nation of Laos over Sh2.3 billion held in Ecobank accounts after the State withdrew a …
Foreign banks willing to join the Ethiopian banking sector independently will have to fulfill the same minimum threshold of paid up capital as local banks, officials at the National Bank …
Officials at Debre Birhan are eyeing almost USD 400 million in foreign direct investment (FDI) as they edge closer to organize the first regional international expo in the city, which …
The Moroccan dirham appreciated by 1.62% against the US dollar and depreciated by 1.04% against the euro between 20 to 26 October, according to data from the country’s central bank, …
KCB Bank Kenya has unveiled a Sh250 billion fund for women entrepreneurs in the country in line with its role of spurring economic growth in the country. The fund which …
East Africa Portland Cement Company (EAPCC) says it has completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs by Sh735 million …
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, this is according to study by Mastercard on the …
Access Holdings Plc, trading as Access Corporation, on Tuesday, announced that the National Pension Commission and the Federal Competition and Consumer Protection Commission had granted their approvals to the proposed …
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