The Chartered Institute of Bankers of Nigeria (CIBN) has announced plans to hold its 18th Annual Banking and Finance Conference in September, with a strong focus on the relationship between …
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Rwanda Sets Up Committee to Oversee BDF Transition
The Government of Rwanda has created a national oversight committee to guide the process of merging the Business Development Fund (BDF) into the Development Bank of Rwanda (BRD). The Ministry …
The National Bank of Ethiopia (NBE) has approved the appointment of Ato Ngiusu Gebre Egba as the new Chief Executive Officer (CEO) of Union Bank. In an unusually quick move, …
National Bank of Malawi plc (NBM plc) has reaffirmed its role in supporting Malawi’s economic growth by providing a K10 million sponsorship for the Annual Bankers Association of Malawi (BAM) …
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Standard Bank to See Leadership Change in 2027
Standard Bank Group, Africa’s biggest bank by assets, has confirmed that its Chief Executive Officer, Sim Tshabalala, and Chief Financial Officer, Arno Daehnke, will step down from their roles by …
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Stanbic IBTC Bank Wins Best Cash Management
Stanbic IBTC Bank has received top honours at the Cosmopolitan The Daily Business Awards, securing two prestigious titles — Best Cash Management Bank in Nigeria and Best Trade Finance Bank …
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RBZ Targets 2030 for Full Switch to Local Currency
The Reserve Bank of Zimbabwe (RBZ) says it is confident the country will be ready to fully move from its current multicurrency system to using only the local currency by …
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MSMEDA, Sign EGP 500m Deal to Fund Over 5,000 Micro Businesses
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque du Caire have signed two major agreements worth a combined EGP 500 million to support micro-enterprises across Egypt. The …
The Reserve Bank of Zimbabwe (RBZ) says the country will move away from the current multi-currency system to a full local currency by 2030, assuring businesses and the public that …
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CBL Introduces New Rules for Foreign Currency Deposits
The Central Bank of Libya (CBL) has announced fresh regulations for depositing foreign currency cash into bank accounts, a move the authorities say is aimed at improving transparency, strengthening financial …