01/07/2020
The same week, OPay, the fintech platform from Opera (that is aggressively moving into the ride-hailing market across Nigeria with ORide) secured $120 million Series B investment from Chinese investors.
01/06/2020
The Kenyan-based bank has also developed cold feet on increasing its presence in the Tanzanian market
01/06/2020
In the financial year under review, the fund only earned 2.6% in investment returns, which was largely driven by performance of its investments on alternative assets like bonds and fixed income.
01/06/2020
Analysts say the additional domestic borrowing could increase the cost of bank deposits as lenders compete with the government for savings from high-net worth investors, denying bankers room to offer cheap loans to households and businesses.
01/06/2020
The banking industry has sufficient capital buffers to withstand shocks which include heightened tensions between US and Iran
01/06/2020
The prime minister said he considered these funds “important to reverse the current macro-economic reality,” of the country
01/02/2020
The two telecommunications giants boosted the market capitalisation by N3.265 trillion.
01/02/2020
“Deceleration in growth was mainly on account of suppressed growth in most of the sectors of the economy,” the national statistics office said.
12/31/2019
equity portfolio.
12/27/2019
Mulenga said Zambia's target for gold production next year was 40,000 kg and that would come from primary and secondary sources, including artisanal and small-scale miners.
12/27/2019
Abu Dhabi’s oil is the explanation the UAE holds some $1 trillion in resources and saves through two of its significant sovereign riches reserves, the Abu Dhabi Investment Authority (ADIA) and Mubadala.
12/24/2019
Mashreq Bank acted as the Structuring Bank and Documentation Agent, Emirates NBD Capital Limited acted as the Marketing and Roadshow agent
12/23/2019
The directors further called for boosting export competitiveness, increasing economic diversification, accelerating productivity growth, improving the business environment and promoting digitalisation to boost opportunities.
12/23/2019
The construction is inspected stage by stage by quality assurance professionals before our client authorizes payment, eradicating the problem of builder/developer non-performance.
12/23/2019
Most of the investments are in form of long-term loans, with IFC acquiring significant stakes in a few firms.
12/23/2019
The firm had completed testing the new product, dubbed “Mali” (Kiswahili for wealth), but its fate remains unknown.
12/20/2019
Stanbic Bank had provided the Advance Payment Guarantee for HOOSL in favour of GDC
12/17/2019
The current-account gap hasn’t dipped below 2% of GDP since the end of 2016 and, together with a budget shortfall that’s projected to be the widest in more than a decade next year, it keeps pressure on the rand.
12/17/2019
The road will also link the ports of Dar es Salaam, Tanga and Mombasa, and stimulate the blue economy in coastal areas.
12/17/2019
He explained that an external body would vet professionals or developers building the houses at different stages to ensure quality construction before each payment.