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.
12/17/2019
The bank, whose shareholders are both private investors and African governments, is now seeing the importance of supporting trade flows between North Africa and sub-Saharan Africa.
12/17/2019
Canadian banks are selling most of their assets in the Caribbean.
12/16/2019
TDB has membership comprising of 22 states drawn from Common Market for Eastern and Southern, East African Community and South African Development Community.
12/16/2019
Kenya‘s banking system is fuelled by mobile payments.
12/13/2019
The companies cut their commissions to agents by 11.8 percent to Sh4.7 billion while also reducing management expenses marginally to Sh21.8 billion.
12/13/2019
Investment managers in South Africa continue to be attracted by the opportunity not only to invest outside of the country
12/13/2019
The portfolio investment inflows were 40.2 billion rand from July to the end of September, compared with inflows of 10 billion rand in the previous quarter, mainly reflecting the government’s issuance of international bonds of $5 billion, the SARB s
12/13/2019
Revealing details of the financial solutions to SMEs and start-ups in Accra, Deputy CEO of Proparco, Djalal Khimdjee said they are working to increase capital injection on the continent from 2.5 billion to about 3 billion euros.
12/12/2019
The Nairobi Securities Exchange-listed firm is set to take a 62 percent stake in Banque Populaire du Rwanda and full ownership of BancABC Tanzania, BancABC Mozambique and Atlas Mara Zambia.
12/12/2019
UBA went up by 3.85 percent to close at N6.75, while UACN appreciated by 3.11 percent to close at N8.30 per share.
12/12/2019
Barclays analysts wrote that they see clear downside risks in South Africa, given the ongoing decline in the South African Reserve Bank’s leading indicator for economic activity.
12/11/2019
As Newcastle-based advice firm makes first acquisition in M&A pipeline
12/11/2019
Significant synergies exist between the two entities - Constantia services traditional insurance markets in South Africa while LSH services the micro insurance market in Namibia.
12/11/2019
Sydney Mbhele, the chief executive of Sanlam Brand – who joined the group early in 2019 – says while there have been setbacks over the past few years
12/10/2019
The continent’s traditional development partners – the EU, China and the US – are facing increasing competition on the ground from new players, such as Russia, the Gulf states and Turkey
12/10/2019
ATI supports trade and investment in African member states by providing comprehensive risk solutions, such as political risk and credit insurance products.
12/09/2019
Apis Growth Fund II expects to make equity investments of between $30 million and $50 million into financial services with a focus on capital-light financial services and fintech companies across the growth markets of Africa, South Asia and Southeast Asia