07/26/2020
The funding will take the form of an African Development Fund grant for $4.12 million and a $37.04 million grant from the Bank’s Regional Operations Envelope
07/24/2020
Tejinder Singh, noted a move in financing away from the sovereign obligor structure over the past 18 months (and so pre-COVID). African governments had become increasingly reluctant to issue guarantees.
07/24/2020
The package will support the national actions of the four countries in mitigating the impact of COVID-19, with the overall objective of protecting lives and livelihoods
07/24/2020
“Let no one stand on the staple and proclaim untruths and let mature Ghanaians be quick to listen,slow to speak and slow to angry.”
07/24/2020
Currently, there is no legal framework in place governing digital borrowing platforms and other digital financial products and services.
07/23/2020
Steps to take before approaching the regulator.
07/23/2020
The shilling stood at 106.66 against the dollar ahead of Mr Kenyatta’s announcement.
07/23/2020
The focus of banks in Mauritius over the past decade has been on global businesses and large corporates.
07/23/2020
The government is seeking access to capital to help fund state-owned enterprises and infrastructure projects
07/23/2020
Business Daily on July 20 reported that I&M Bank is likely to spend more than Shs2b in acquiring Orient Bank Ltd.
07/22/2020
The project will consist of two LNG trains with a total capacity of around 13 million tons per year.
07/22/2020
Everyone is beginning to grapple with the challenge we now face in the best possible way.”
07/22/2020
Asset managers in Nigeria and the francophone West African countries are the most optimistic about prospects for Africa’s economies.
07/22/2020
She further commented that "the extended partnership incorporates technological innovations that are in line with Fidelity's digital transformation agenda in order to provide added value and convenience to our customers".
07/22/2020
GDP growth in 2019 registered 0.2% compared with 0.8% in 2018, making last year the annus horribilis for the South African economy.
07/21/2020
Like other commercial banks, these platforms would need regulatory approval before any major change.
07/21/2020
When it issued the warrant last week, police said they were investigating Econet Wireless for suspected money laundering.
07/21/2020
European lawmakers have demanded the regulator assess “whether there were breaches of either national or EU law, and to assess the actions taken by financial supervisors.”
07/21/2020
An analysis of the leaked files by Finance Uncovered, as well as public documents and the company’s financial statements, suggest Samherji used various techniques to reduce taxes in Namibia by shifting money to low-tax destinations like Cyprus and M
07/20/2020
To facilitate Ghana’s immediate and long-term recovery, the IEA stated in a press release that detailed the seven economic policy proposals that the country’s revenue mobilization regime would need a facelift.