The Bank of Ghana (BoG) has warned the public not to engage the services of some 19 unlicensed entities for loans. The Central Bank said the operations of these institutions …
Banking, Finance & Investment
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessGhanaNewsWestern Africa
- BusinessEthiopiaINVESTMENT
Ethiopia’s wealthiest investors Worku Aytenew to build $1 bln worth cement plant
by Omolaraby OmolaraOne of Ethiopia’s wealthiest investors, Worku Ayetenew begins a process to build a cement plant with an investment capital of USD one billion. This will be the biggest investment he …
- Banking, Finance & InvestmentEducationSouthern Africa
Sasfin pursues millions in ‘odious’ school debts
A primary school in Pimville serving roughly 1,000 pupils recently saw its bank account seized while fending off a multimillion-rand claim from Sasfin Bank. Its state subsidy for the year …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessGhanaNewsWestern Africa
Fidelity Bank Ghana wins two international award
The largest privately-owned Ghanaian bank, Fidelity Bank Ghana, has added two more accolades to its growing list of international laurels. At separate events held over the weekend, Fidelity Bank was …
- Access BankBanking, Finance & InvestmentSouthern Africa
Standard Bank channels focus towards growing Africa’s education sector
Given the growth of the African population coupled with socio-economic challenges, exacerbated by the COVID-19 pandemic, it is critical to strengthen education systems to facilitate unimpeded participation of young people …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNewsNigeriaTechnologyWestern Africa
CBN set to introduce USSD code for eNaira as transactions hit N4bn
The Central Bank of Nigeria (CBN) says it will roll out the unstructured supplementary service data (USSD) code for eNaira next week. Godwin Emefiele, CBN governor, revealed this on Thursday …
- Banking, Finance & InvestmentSouthern Africa
Standard Bank reports record earnings of first half of 2022.
Standard bank has delivered record earnings in the first half of 2022. The bank published its half-year financial statements on Friday, reporting a 33% jump in its headline earnings to …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEgyptNewsNorth AfricaNorthern Africa
Sisi appoints Hassan Abdullah as acting governor of Egypt’s central bank
President Abdel Fatah El-Sisi issued Thursday a republican decree appointing Hassan Abdullah former Vice Chairman & Managing Director of the Arab African International Bank, as acting governor of the Central …
- AfricaAFRICA NEWSBanking, Finance & InvestmentGhanaNewsWestern Africa
Bank of Ghana dismisses reports about freeze on new dollar accounts
The Bank of Ghana has dismissed reports that it has banned the opening of new dollar accounts in the country. In a public notice, the Central Bank said it had …
- Banking, Finance & InvestmentCryptocurrencySouthern Africa
South Africa’s central bank announces new development on cryptocurrency exchange, issues guidance
The South African Reserve Bank’s Prudential Authority has issued a guidance note to banks discouraging them from cutting off companies that offer cryptocurrency services. In a note signed by Prudential …