Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
Absa is expecting a leap of more than 20% in its headline earnings per share for the six months to end June, against the first half of 2021. This was …
The Competition Authority of Kenya says it has facilitated the release of Sh38 million to 20 motor repairers and 18 motor vehicle assessors who were shortchanged by 18 major insurance …
Kenya has begun importing maize to address a biting shortage that has left 3.1 million people in arid and semi-arid lands without enough food. Most of the maize consignment is …
As the afternoon sun starts to dip over central Kenya, the town of Maua buzzes with activity as the khat harvest arrives. For decades, over half a million people in …
Nigerian stocks capped a bearish week with depreciation worth N749.8 billion on Friday as the main equity index shed 1.21 per cent, a retreat triggered by sell-off in bank shares. …
Kenya has established itself as a market with increased diaspora inflows after a report by global payments company, World remit indicated that it was among the top 3 countries in …
Kenya and Zambia have agreed to work together towards removing barriers that hinder trade and investment between the people of the two countries. President Kenyatta said his discussions with visiting …
Afreximbank (African Export Import Bank) has announced the disbursement of a $150 million finance facility to First Bank of Nigeria Limited under its Pandemic Trade Impact Mitigation Facility (PATIMFA). FirstBank, …
Nigerian stocks last week were slightly up by 0.55 per cent after seeing a slide the previous week, underscoring the strong appeal of equities to investors at a time of …
Patrice Motsepe’s African Rainbow Capital (ARC) has put a date on the launch of TymeBank’s Philippines operation; October 2022. ARC published its trading statement for the four months to 30 April on …
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