he Government of Kenya has signed a US$150 million (KSh16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$1.35 billion (KSh175 billion) programme aimed …
Finance
-
BankingBusinessEastern AfricaFinanceGovernment PolicyInfrastructure
-
Capital MarketEconomic DevelopmentFinanceINVESTMENTNigeriaStock MarketTrending Today
Nigeria Stock Market Blooms as Foreign Investment Jumps by 369%
In a powerful signal of renewed global confidence, Nigeria’s stock market is buzzing with activity, fueled by a massive surge in foreign portfolio transactions. Latest figures from the Nigerian Exchange …
-
Business and EconomyCapital MarketFinanceFintechInflationInnovationINVESTMENT
From Savings to Smart Investing: Why Nigerians are Turning to Commercial Papers
For decades, Nigerians have leaned on one financial habit: saving. Whether through bank accounts, thrift contributions, or cooperative societies, the culture of putting money aside was seen as the safest …
-
BankingDevelopmentFinanceMALAWIPrivate SectorSMEs
Malawi’s Commercial Banks Urged to Play Bigger Role in Economic Recovery
Malawi’s commercial banks are being called upon to move beyond their traditional role of lending and deposits, and to take a more active position in addressing the country’s economic challenges. …
-
BankingCurrency & ExchangeEconomyFinanceGovernment PolicySouthern Africa
Bank of Zambia Withdraws Nearly Half of Old Currency From Circulation
The Bank of Zambia (BoZ) has announced that almost half of the country’s old banknotes have now been withdrawn from circulation as part of its ongoing currency replacement programme. Speaking …
-
BankingEconomyFinanceIslamic BankingReligionTravel & Pilgrimage
GCB Bank Rolls Out Secure Hajj Account for Pilgrims
GCB Bank, one of Ghana’s biggest financial institutions, has introduced a new Hajj Savings Account to support Muslim customers planning for the holy pilgrimage. The product is designed to provide …
-
AfricaBankingBusiness UpdatesCommoditiesEconomyFinanceInternationalTrade
Egypt’s Foreign Reserves Rise to $49.25 Billion
The Central Bank of Egypt (CBE) said on Monday that the country’s net international reserves grew to $49.25 billion in August 2025, compared to $49.04 billion in July. This means …
-
BankingBusinessEconomyFinanceNewsNigeria
CreditPro Finance Secures CBN Licence to Expand SME Lending Nationwide
CreditPro Finance Company Limited has received approval from the Central Bank of Nigeria (CBN) to operate as a licensed finance company, a development expected to boost lending to small and …
-
CorruptionEastern AfricaFinanceGovernanceJustice
Kenyan Agencies Push for Special Anti-Corruption Courts to Restore Investor Confidence
Kenya’s governance and accountability crisis has once again come under sharp focus, as key institutions demanded sweeping reforms in public financial management to restore investor confidence and close corruption loopholes …
-
BankingBusinessEconomyFinanceTechnology
FirstBank Customers Face Service Disruption on Digital Channels
Customers of First Bank of Nigeria Limited, popularly known as FirstBank, are currently facing difficulties accessing some of the bank’s major digital banking platforms following a temporary service disruption. In …