GCB Bank, Ghana’s biggest indigenous financial institution, has received two major honours at the 2025 Project Management Excellence Awards. The bank was recognised for its outstanding work in rolling out …
Category:
Banking
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AFRICA NEWSBankingBusinessEconomyFinanceMergers and Acquisitions
FDH Bank to Acquire Ecobank Mozambique in Expansion Drive
FDH Bank Plc has taken a bold step in its ambition to become a key player in Africa’s financial sector by announcing the acquisition of a controlling 98.87% stake in …
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BankingFinance & ServicesInnovationMobile PaymentsSouth AfricaTechnology
Capitec Unveils Easy Cross-Border Transfers for Africans
Capitec Bank has introduced a new cross-border money transfer service aimed at helping millions of people in South Africa send money to their families and loved ones in other African …
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BankingDevelopmentFinance & ServicesInternational RelationsLeadershipNigeria
Adesina Promises to Keep Supporting Africa’s Growth After AfDB Tenure Ends
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said he will continue to push for more capital investments into Africa even after stepping down from his …
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BankingBusinessFinance & ServicesInfrastructureRegulationTechnology
NOVA Bank Targets Growth with New Branches, Regional Licence Plan
NOVA Bank has announced plans to open new branches in Owerri, Abuja, and Port Harcourt as part of efforts to expand its operations across the country. The bank also said …
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AgricultureBankingBusinessEducationTransportation
NCBA Partners Mobikey to Boost Truck and Equipment Financing for Kenyan Businesses
NCBA Bank Kenya has entered a new partnership with Mobikey Truck & Bus Limited to offer better asset financing options to Kenyan businesses, especially those in construction, logistics, agriculture, and …
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BankingFinance & ServicesGovernanceKenyaRegional CooperationRegulation
CBK to Launch Deposit Guarantee Fund to Protect SACCO Depositors
The Central Bank of Kenya (CBK) has announced plans to set up a Deposit Guarantee Fund (DPF) worth KSh180 million to protect members of Savings and Credit Cooperative Societies (SACCOs) …
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BankingEconomyEnergyFinance & ServicesInfrastructureNigeriaOil & GasTrade and Commerce
Afreximbank Grants $1.35bn Loan to Dangote Industries to Boost Refinery Operations
The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
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BankingEastern AfricaFinance & ServicesHousingReal EstateUrban Development
Absa Bank Pledges KShs 4 Billion to Support Affordable Housing in Kenya
Absa Bank Kenya has increased its financial commitment to the affordable housing sector with a new pledge of KShs 4 billion to support home loans for individuals. This represents a …
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BankingClimateDevelopmentEconomyEnvironmentGovernance
Bank of Ghana Moves to Enforce Climate Risk Policies in Banks
The Bank of Ghana (BoG) has taken a bold step towards a greener and more sustainable financial sector by calling on banks across the country to fully adopt the Ghana …
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