10/13/2020
The Agyapa deal and its aftermath: A case for offshore banking in Ghana
Even though the first offshore banking licence was issued to Barclays Bank Ghana in 2007, the Mills government revoked the licence in 2011.
Alternative Investments
10/13/2020
S. Africa Won’t Meet Debt Targets, President’s Council Says
The plan, which was submitted to the president and seen by Bloomberg, is an attempt to counter the effect of a pandemic that is expected to result in South Africa’s biggest economic contraction in almost nine decades.
10/13/2020
Why you should choose Grenada for your next passport
Citizenship by Investment in Grenada is fast, financially sound, and provides global access opportunities.
10/13/2020
Conditions are ripe for a South African sovereign wealth fund based on minerals
The boom began with a major discovery in 1969 and continued through the 1970s, particularly after the crises of 1974, when the price of oil quadrupled, and again in 1979, when it trebled.
10/13/2020
Omoluabi Mortgage Bank changes name, launches new mobile app, corporate website
Omoluabi Mortgage Bank Plc. has changed its name to LivingTrust Mortgage Bank Plc.
10/13/2020
Nigerian Economy Gets Boost In IFC Credit Deal With Union Bank
The Nigerian economy is expected to shrink by 3 percent by the end of the year, according to a forecast by Fitch Ratings, the worst downturn in 37 years.
10/13/2020
The Nigerian economy is expected to shrink by 3 percent by the end of the year, according to a forecast by Fitch Ratings, the worst downturn in 37 years.
The move could sink the southern African economy further into the mire at a moment of reckoning for the region.
10/12/2020
Desperate local investors look offshore
Poor returns, gloomy economic outlook hit investment in SA Inc
10/12/2020
Feared Shabab Exploit Somali Banking and Invest in Real Estate, U.N. Says
Despite sanctions, Shabab militants have found ways to extort, move and invest money using Somalia’s banking system, a United Nations panel says.
10/12/2020
Turkey, Africa seek stronger post-pandemic partnership
With strong collaborations over the last decade, Turkey and African countries have used the last week’s business forum to weigh in on ways to overcome the impediments to the bilateral ties due to the pandemic
10/12/2020
IMF Projects $345 Billion Financing Gap for African States
Despite sizeable domestic adjustments, African states still need $1.2 trillion in financing through 2023.
10/12/2020
Braving the challenges of foreign private equity investment in Nigeria
Foreign private equity funds normally have an average span of between five and ten years.
10/12/2020
State Street and SimCorp Announce Intended Business Partnership, with Front-to-Back Investment Outsourcing Solution for EMEA Insurers
Strategic Business Partnership Demonstrates State Street and SimCorp’s Commitment to Insurance Clients in EMEA, with a Complete Front-to-Back Outsourcing Solution through the State Street
10/12/2020
Top 10 Finalists of “Africa’s Business Heroes” Grand Finale Announced
Confirmed finale judges include Jack Ma, Ibukun Awosika, Strive Masiyiwa and Joe Tsai
10/12/2020
This South African bank is offering special incentives to keep its top managers
Senior managers weren’t granted salary increases and cash bonuses for the financial year through June in line with guidance from South Africa’s central bank for lenders to conserve cash due to the uncertainty surrounding the virus.
10/12/2020
Old Mutual Property turns to small businesses to take up mall space
Joint venture to launch first EGG store in Cape Town, which will be the most technologically advanced store in SA
10/09/2020
Coca-Cola, Absa Bank ink SMEs credit score deal
Opening transactional financial data redefines engagement rules between lenders and the family-owned SMEs.
10/09/2020
Nigeria’s investment under pressure ― NIPC boss
Sadiku reiterated that in spite of the contractions in the country’s Gross Domestic Product (GDP), some sectors of the economy had made significant improvement.
10/08/2020
Retail investors raise domestic debt stake
At the beginning of the year, they accounted for 4.23 percent or Sh124.3 billion, out of the total debt which stood at Sh2.94 trillion at the time.
10/08/2020
Businesses are having to make hard decisions
South Africa is incredibly lucky with the ability for entrepreneurs to access a market: Marc Rosen from Investec.