Finance and financial services news from Africa: banks, insurers, payments, capital markets and regulators.
Accion Microfinance Bank (MfB) has taken a significant step towards empowering female entrepreneurs by equipping them with essential digital skills to enhance their businesses. The bank recently hosted a one-day …
Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
Foreign inflow to Nigeria’s equities market fell by 29.66 per cent in February 2025, dropping to N18.05bn from N25.66bn recorded in January.This decline in foreign inflow, alongside a drop in …
Investors at the Nigerian stock market recorded N148 billion on Friday to end the week on a bullish trend.At the end of Friday’s trading, details showed that market capitalisation rose …
The Kenyan government is paying KSh 89 million every year in commitment fees for a COVID-19 loan that remains unused. This loan, obtained from international lenders to help the country …
The Debt Management Office (DMO) has announced plans to issue a N300 billion Sukuk bond to fund infrastructure projects across Nigeria. This move is part of the government’s strategy to …
Bankit Microfinance Bank (MFB), a Pan-African fintech company, is using games to help Nigerians learn about managing money better. The bank believes that by making financial education fun, more people …
The Central Bank of Nigeria (CBN) is preparing to implement additional strategies to combat foreign exchange (forex) speculators, aiming to stabilize the naira, which has been experiencing a decline in …
Leadway Group has marked the first anniversary of its women empowerment initiative, Hersurred, reaffirming its commitment to advancing gender inclusion and equipping women with essential resources to thrive in various …
The yields on Nigerian Eurobonds experienced an uptick last week as foreign investors adjusted their portfolios in response to the U.S. Federal Reserve’s decision to maintain its current interest rates. …
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