Banking, Finance & Investment

The United States government has announced it will provide a US$5 million grant to the African Development Bank (AfDB) to support efforts to abate methane gas emission, across Africa. Methane …

The Bank of Ghana will sell a total of $420 million to Bulk Oil Distribution Companies via banks in the final quarter of this year, in its Foreign Exchange Auctions. …

The Treasury has said Kenya will find it challenging to sustain reliance on multilateral lenders like World Bank Group for external funding, signaling a return of costly foreign loans in …

 The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the world bank warned Thursday, calling on governments to help boost supply …

 The European Investment Bank (EIB) announced today sealing a technical assistance deal with Credit Agricole Maroc to boost climate financing in Morocco. In a press release, EIB announced the launch …

The new administration has announced plans to reform the credit information sharing system in a bid to lower the cost of loans for micro and small businesses. President William Ruto …

Equity Bank will inherit over 20,000 depositors and 3,700 loan customers in the teachers-owned Spire Bank by November after signing a buyout deal that will see Mwalimu Sacco pay Sh1.7 …

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that a new Chief Executive Officer, Jeremy Awori will succeed Ade Ayeyemi upon his retirement at age …

The African Development Bank(AFDB)  has named five women including South Africa’s Nomfundo Xenia Ngwenya as executive directors for a three-year term. In total, 12 executive directors were appointed, according to …

Malika Dhif, former deputy director at Morocco’s Directorate of Treasury and External Finance, has been appointed as the new executive director for Morocco, Togo, and Tunisia at the African Development …