Managers of Wealth Africa

Absa concludes $500 million loan

Absa also reported potential retrenchments at its retail and business banking unit as part of a planned restructuring.

World Bank warns Kenya on risk of expensive loans

"If a country wants to avoid a debt crisis, you need to make sure that the cost of borrowing is lower than the return on investment."

AU Summit: President Adesina to lead African Development Bank’s delegation, Continental Free Trade Area talks to top summit agenda

The Bank will also participate in the meetings of the 37th NEPAD Heads of state and Government Orientation Committee

Barclays Nigeria Rebrands, Now Absa

Part of the Absa Group's separation agreement with Barclays Plc was to "remove the Barclays brand from all assets by mid-2020 at the latest.

FirstBank Promotes Career Development For Staff

The primary reason we have embarked on this programme, is because of long term sustainable development of our internal talents” he concluded.

Access Bank plans more funding for creative industry

Okoli said Access Bank was committed to making the CIFI a huge success.

Afreximbank shareholders to earn $69million

In his report to the AGM, Benedict Oramah, the president of Afreximbank, said the Bank’s total revenues rose by 24% in 2018 to reach $806 million while the net income increased to $276 million, representing a 26% increase on the level in 2017.

These are the 15 largest banks in Africa for 2019

South Africa, Egypt, and Morocco banks feature prominently among the largest banks in Africa.

South Africa’s banks tank in global ranking

Of the top 10 African banks by Tier 1 capital, South Africa’s Standard Bank retains the top spot in the 2019 rankings with $9.8 billion.

Guardian feted as best lender in Kenya

The Chandaria family, which has extensive investments in paper manufacturing, petroleum, real estate and banking, founded Guardian Bank in 1992.

Barclays Bank woos small businesses with targeted training

“We are in discussion with large businesses that rely on low-end SMEs for goods and services where our sole intention is to support the low-end businesses with loans to improve their processes via purchase of equipment to fulfil contracts awarded to

Bank profits hit Sh56.8 billion

The jump in earnings comes at a time when credit growth to the private sector improved to 4.9 percent

A Bank Built in 1.5 Million Hours Takes on 180-Year-Old Rivals

But, while Discovery Bank was getting off the ground, the likes of FirstRand Ltd.’s First National Bank and Capitec Bank Holdings Ltd. had a head start to bolster their own services and begin a price war.

Ethiopia’s All Female Bank Branch And The Newfound Role Of Women

The Commercial Bank of Ethiopia now hopes that the new all-female operated branch will deepen financial inclusion among women across the country.

Standard Chartered accelerates momentum of its digital strategy across Africa

Standard Chartered announce launch of social banking solution for Africa in Kenya, Uganda, Ghana and Tanzania

Banks’ profit up 38.9%

Net fees and commissions moderated to 4.3 percent compared with 20.0 percent growth in the same period last year, attributable to the slowdown in the volume of off-balance sheet activities.

African Bankers’ Awards: BOI wins Financial Inclusion Award for driving FG’s GEEP programme

The Bank of Industry was given the award at the African Bankers’ Awards ceremony which held in Malabo, Equatorial Guinea on June 14th, 2019

African Development Bank approves USD 24.7 million for Water and Sanitation Development in South Sudan

The Strategic Water Supply and Sanitation Improvement Project will support the rehabilitation of approximately 50km of the Juba town distribution network and related works

New competition may be launching – but South Africa’s Big 5 banks actually increased their dominance last year

At the end of March this year, the Prudential Authority says in its annual report published on Tuesday, SA's five largest banks

Stanbic Bank rolls out Sh20 billion women-only loans

Female entrepreneurs own a majority of the Small and Medium Enterprises in the country, but most fail before they hit their third year of operation.

Retail Banking