Managers of Wealth Africa

Tanzania's large banks shared Sh715 billion net profit

A breakdown of how the ten lenders shared the Sh715 billion net profit shows that NMB Bank got Sh289 billion while CRDB Bank Plc bagged Sh267.56 billion.

Ecobank delivers massive spike in PAT by 324% to N143 billion in 2021

On the back of continuous adoption of digital banking services as well as innovation, the bank rebound in 2021 delivering a huge gross earning which increased by 13% to hit N952 billion and a revenue increase by 11% to N712 billion.

Equity Bank Quietly Releases Equity Mobile, Could Probably Replace Eazzy Banking App

They can then transact, and even do much more. New customers can also open an account solely through the app.

Tanzanian Payments FinTech NALA Raises $10M

That company — now a super app — began life providing fee-free currency exchange, peer-to-peer payments and multi-currency bank accounts.

Absa Bank launches new campaign

It said the bank’s significance in Ghana’s economy has been a constant feature in the country’s developmental journey for more than a century.

Politics of the banking room

On a salutary note, it is on record that the new chair taintlessly journeyed through his career in the apex bank.

International Finance Corporation to extend $15m loan to GTBank

The IFC loan will help the Bank meet the working capital and trade-related needs of businesses, especially SMEs that are part of our core clientele.

In Terms of Profitability, 2022 Will be a Big Year for Access Bank—Wigwe

Mr Wigwe stated that the acquisition of several banks across Africa, especially in the southern part, did not just happen as it was deliberately planned for years.

Suma Rural Bank bounces back to profit ways

The Suma Rural Bank in the Jaman North Municipality has recorded a profit before tax of GH¢92,847 in 2020.

Upstarts jolt South Africa’s banking industry

TymeBank, backed by billionaire Patrice Motsepe, is able to process a set of 25 transactions at a cost almost 85% less than the traditional banks, the report found.

Baobab Microfinance Bank Launches New App to Boost Mobile Banking

Baobab Microfinance Bank has continued to invest in technology to create value for customers

‘Ecobank’s PAPSS to support intra-African trade’

This is huge because we could be talking about $300 billion intra African trade close to 15 per cent of Africa Gross Domestic Product (GDP). Besides

Absa Bank MD: Lending a helping hand to clients and customers

Absa Bank is one of the leading banks in Ghana

2022 Banking fees compared: Capitec vs FNB vs Nedbank vs Absa vs Standard Bank

The new online banks, which compete purely on the basis of costs, are by far the overall winners when it comes to costs alone.

Lending a helping hand to clients, customers – Absa Bank MD

In a world, where the pace of growth and transformation is being orchestrated by digital technology, banks are under pressure to rise above the occasion and deliver value consistently.

Zenith Bank: Leading with Investors’ Confidence

This is reflected in the Bank’s unaudited results for the nine months period ended September 30, 2021.

FNB earns accolade of Best SME bank in SA and rest of Africa

FNB’s unique ability to keep abreast of the needs of businesses is demonstrated through its ever-expanding ecosystem.

Ecobank restates commitment to African trade deal

This centralised switch enables easy integration.

Afreximbank and the National Bank of Egypt commit to drive investments and enhance trade in the country

The agreement establishes a Joint Project Preparation Facility between the two institutions, a first-of-a-kind for an Egyptian commercial bank

Standard Chartered To Shut Half Of Branches In Nigeria

Standard Chartered is instead strengthening mobile banking and recruiting agents to reach new customers and handle cash deposits and withdrawals across Africa’s biggest economy.

Retail Banking