Managers of Wealth Africa

African Development Bank’s digital skills training benefits women

The goal is to expand the program to 130 centres of excellence across Africa over a 10-year period

Sudan plans to end central bank intervention in gold market

The Sovereign Council recently appointed Badr al-Din Abdel Rahim Ibrahim as a governor of the Central Bank after the resignation of the former governor.

Expanding Coverage of Pension Industry

A very important aspect of the workshop was the introduction of the new trends in digital data collection of pension contributors as well as the role of social media in reporting pension matters.

WB pledges US$250 million to finance public health initiatives in Africa

The financial support made by the Board of the World Bank Group, which is shared among Africa CDC and the governments of Ethiopia and Zambia, mainly aimed “to strengthen continental and regional response systems to combat epidemics and advance criti

South African Reserve Bank Introduces More Stringent Regulations for Cryptocurrency

New Digital currency regulations will be adopted at some point during the first half of 2020.

African women battle to access finance

Adesina said the challenges are not just about gender, they are about under-representation and lack of empowerment of women.

Solidarity key to halting climate change impacts in Africa

Leaders and development partners called for a united front to tackle the challenges of climate change in Africa

Tymebank to roll out unsecured lending in 2020

For banks that are starting out, it’s the lowest hanging fruit to enter the lending market, because they can lend smaller amounts to many people.

Attijariwafa Bank Signs Partnership Agreement with National Bank of Canada

The partnership agreement aims to facilitate banking services for both Moroccans residing in Canada and newcomers.

Andersen Global Strengthens Presence in Nigeria with The New Practice

This is an opportunity for us to strengthen our service offerings and expand our global platform in a seamless manner that aligns with our firm’s values.”

Resolving Kenya’s pending bills calls for two policy moves

Second, given its staggering size, the government has an edge in collecting its debt versus paying the same.

Africa encourages its youth to become entrepreneurs

And the core message of the conference was, “If you are jobless, create your own business for a better future.”

Bank of Baroda to sell Caribbean subsidiary to ANSA bank

After due diligence, empaneled investment banker BOBCAPS Ltd had identified ANSA Merchant Bank Ltd as a potential buyer, Bank of Baroda said.

Government fulfils manifesto promise to clean up banking sector

The NPP has also failed to fulfil their promise to reduce corporate tax rate from 25 ? to 20 ?, achieve double digit GDP growth annually for the next four years and has also failed to facilitate the passage of consumer protection law.

African Development Bank gives Morocco USD270 million

The bank had funded 18 investment programs in the Moroccan energy sector with a full worth of over USD1.65 billion, as said in the statement.

Mbaru asks central bank to cut cash reserve ratio

The private sector considers the lending environment tough over the last three years when the loan rate was capped.

Speculation boosts dollar investment funds

The steady decline in the reserves, coupled with measures introduced by the apex bank in the last few months, which are deliberately aimed at attracting capital inflows, have heightened speculation that a devaluation of the naira is imminent.

South Africa to introduce crypto regulations

South Africa has limitations on how much money individuals and companies can send outside the country.

EU and African banks sign $120 million climate action facility

This is the second line of credit to be extended by EIB to TDB, the first one having been signed in 2014 for €80 million.

EOH shareholders vote against salary policies

EOH said on Friday that it has started reaching out to the shareholders who voted against the resolutions.

Regulation,Tax & Compliance