08/02/2022
The loan is expected to contribute to developing South Africa's sustainable finance market by introducing a novel, replicable instrument to raise additional financing for affordable housing and other social causes
08/02/2022
South Africa’s savings rate climbed to 20% of gross domestic product by 2021
07/29/2022
The UAE-Kenya CEPA will be the first bilateral trade deal that the UAE seeks to sign with an African nation
07/29/2022
It is gladdening to note that the ministry has prioritised the repositioning of the NDDC to ensure they deliver on their objectives and mandate.
07/28/2022
African Development Bank adopts new Country Strategy paper for Egypt covering 2022-2026
The new strategy sets out two priority areas: strengthening Egypt’s competitiveness to support strong private sector-led growth and job creation.
07/28/2022
“The recent waiver of import duties and levies on white maize, the subsidy on retail prices of sifted maize flour, and the recent reduction in VAT on LPG will further moderate domestic prices,”
07/27/2022
The country’s biggest banks have the highest concentration of customers – holding 89% of total assets for the banking sector – and thus carry the highest risk.
07/27/2022
Large banks are “still targeted by criminals as clients use cash extensively and can use non-face-to-face methods such as automated teller machines to deposit cash, while the source of funds and details of depositors are largely unknown.”
07/27/2022
The FATF’s mutual evaluation of the country identified significant weaknesses in the country’s anti‐money‐laundering and counter financing of terrorism systems.
07/27/2022
In response to this notice in terms of Rule 23(1), the plaintiffs delivered a notice of intention to amend.
07/26/2022
High Court judge David Majanja said the bank would not suffer any prejudice if the carrier were allowed to amend the compensation claim.
07/26/2022
“Loan amount shall be a maximum of N5bn per obligor. Any amount above N5bn shall require the special approval of CBN’s management,” it said.
07/22/2022
Under the program, local farmers will have more access to subsidized fertilizers to be more incentivized to grow wheat
07/22/2022
"The aim of policy is to stabilise inflation expectations more firmly"
07/21/2022
The President, ECOWAS Bank for Investment and Development, Mr George Donkor, noted that Nigeria had in its priority for infrastructural growth and development, focused on policies that finance infrastructural development through Public – Private Par
07/20/2022
The agreement was signed by AfDB Country Manager, Raubil Durowojul and COMESA Assistant Secretary-General Kipyego Cheluget on Thursday, July 14, 2022, according to a release.
07/20/2022
The CBN, pursuant to Section 9(c) of the AMCON (Amended) Act 2015, informed the Bank of its shortfall in contributions to the banking sector resolution cost sinking fund for 2016 and 2017.
07/18/2022
The UBA branch in the DIFC will service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services.
07/18/2022
This begs the question of whether US tech giants are monopolising the continent’s relaxed regulations surrounding technology.
07/18/2022
The SRC says the government will require Sh2.3 billion in the first year to cater to the juicy perks sought by governors and their deputies.