Managers of Wealth Africa

Banks’ borrowings from CBN rise 233%

Data from the CBN showed that banks’ borrowing through Repo arrangement rose sharply last year by 1,602 per cent to N13.938 trillion from N819 billion in 2020.

Female bankers who took over leadership in 2021, and what 2022 holds for them

This would be the first time the bank is having a female MD in nearly 35 years

Ecobank Nigeria: A Journey to the Top

It has been a harvest of awards for Ecobank in 2021.

Ecobank Plans to Introduce Fully Digitized Loan Platform

Ecobank was recently announced as the winner of the Consumer Finance Product of the Year award for “setting new milestones

Africa the ‘New Frontier’ for Moroccan Banks

Moroccan banks are establishing a strong foothold on the continent, especially in French-speaking African countries on the west coast.

Wema Bank renews single-digit loan for female entrepreneurs

“must be owned or run by a woman while the company shareholding must show that women own at least 51 per cent of the business or two-third of signatories”.

Sterling Bank partners Foundation on women empowerment

Others are Womenpreneurship which includes internship opportunities and job shadowing schemes for young women with access to the MSME academy for free or at a discount.

Titan Trust Acquires Majority Stake in Union Bank

“This is a solid foundation for our incoming investors to build on as we move into a new era for the bank.”

UBA Ghana awarded best prepaid card bank by global technology partners

The UBA Prepaid card which is embedded with an array of fraud detection and prevention capabilities is able to mitigate fraud to a certain level.

Wema Bank Revamps Loan Offering for Female SME Owners

He also explained that the facility is available to registered and unregistered women-owned businesses operating for a minimum of two years

Standard Bank reaches 10m customer milestone in SA. Here's how it compares to other banks

Nedbank reported 7.4 million customers at the end of June 2021, without clarifying how many of them are in SA or other African countries where it operates.

Shareholders Approve Access Bank’s Planned Holdco Structure

She explained that the board considers the restructure to be the most appropriate approach to create greater strategic flexibility and diversification of the Group’s revenues.

US magazine The Banker names Ecobank best bank of the year in Togo, for the second consecutive year

In Togo, Ecobank also launched its Ellevate product aimed at empowering women across the country.

Access Bank’s Okobi emerges COVID-19 Response Banker of the Year

Okobi, who has been steering Access Bank’s corporate public image for the past six years, has been pivotal to driving Access Bank’s sustainability communications

ABC Moçambique Bank Gives Way to Access Bank on the 21st of December

ABC bank is present in six provinces of Mozambique.

Here are all your banking fees for 2022

Prices are out of bundle, or on a pay as you transact basis. Full price guides are linked.

Aggressive deposit drive see Nigerian banks push past N34 trillion in customer deposit

Stanbic IBTC takes leads with highest deposit growth

Discovery Bank reveals customer numbers and plans for 2022

The bank said it continues to focus on product innovation and building a differentiated and sophisticated digital platform.

Kenya's central bank says remainder of Imperial Bank to be liquidated

"KDIC (Kenya Deposit Insurance Corporation) will release information about the liquidation ... and payment of depositors in due course," the bank said in a statement.

Mauritius Commercial Bank Upgrades Its Dubai Presence

The Mauritius Commercial Bank had previously established a Representative Office in the DIFC in July 2019.

Retail Banking