10/07/2020
In a recent from the United Nations Conference on Trade and Development (UNCTAD), it can be observed that Africa has lost nearly $89 billion on an annual basis, in illicit financial flows - which include tax evasion, theft, and diversion of public funds.
10/05/2020
Proparco, a French Development Finance Institution, has granted $100m loan to Equity Group Holdings, which will allow the Kenyan bank to grow and continue its support to the private sector.
10/05/2020
The fee will still be paid – from internal cash resources – while the proceeds from the rights issue will now be used to shore up capital, fund existing investments and any new opportunities that crop up. Really, that’s just a juggling a
10/05/2020
Atlas Mara says it has reached a new deal to sell BancABC Mozambique to Access Bank, adding that more divestitures could follow.
10/04/2020
Setting up an entirely new business in the UK is not impossible to do.
10/02/2020
The Forum’s Principles of Stakeholder Capitalism for the Middle East and North Africa is a roadmap for more inclusive economic growth in the region
10/01/2020
Analysts at Afrinvest Limited, said: “We remain optimistic about a sustained bullish run as we approach earnings season.”
10/01/2020
“The government has to make some external payments, on those loans that they have. We are making those payments for them,” said Dr Njoroge without giving specifics.
10/01/2020
After the economy shrank the most on record in the second quarter, the country was hit by a new wave of electricity outages, known locally as loadshedding, in July.
10/01/2020
Two key programmes, cumulatively worth €253 million, are supporting a green response in the country through EBRD finance, complemented by EU grants.
09/30/2020
Data by the Kenya National Bureau of Statistics (KNBS) shows the number of people in employment fell to 15.87 million between April and end of June compared to 17.59 million the previous quarter.
09/30/2020
The donation is being made to the African Union through the COVID-19 Response Fund as part of TBD’s COVID-19 Emergency Response Programme (CERP).
09/30/2020
An index of gold stocks is climbing for the eight consecutive quarter, the longest-ever such winning streak.
09/30/2020
It has been noted that the declining rates of interest have forced savers to turn to mutual funds.
09/29/2020
One of only four Africans on the 2020 listing
09/29/2020
There are two key issues that provide the context for the question around how asset managers are likely to evolve in years to come.
09/29/2020
“There is a shortage of 140 billion rand in phase one, and a large part of that will come from green bonds,” said Patricia de Lille, the minister in charge of the public works department that’s overseeing the program.
09/29/2020
Already, Gross Domestic Product (GDP) figures already released by countries across the world showed that a lot of economies have also slipped into recession.
09/29/2020
They know in the end, everything will fall in place.
09/28/2020
Pension schemes have up to next September to review the rules to allow this early access to their savings.