10/12/2022
Reserve Bank governor on why South Africa is good for foreign investment
The SARB added that the new memorandum aims to also increase economic partnerships and trade opportunities between the two countries
Alternative Investments
10/12/2022
Fitch Ratings Affirms Standard Bank Group at 'BB-'; Outlook Stable
The National Ratings reflect the entities' creditworthiness in local currency relative to that of other South African issuers.
10/11/2022
Global Cybersecurity Leader eSentire Names Spire Solutions as its Exclusive Value-Added Distributor in the Middle East and Africa
Spire to provide eSentire’s award-winning 24/7 Managed Detection and Response and Incident Response Services across the regions through its channel partners
10/11/2022
Sanlam to acquire controlling interest in AfroCentric
The insurance specialist has offered a purchase consideration of R6.00 per AfroCentric share
10/11/2022
Morocco and the African Development Bank celebrate over half a century of partnership
Since the relationship began, the financial institution has invested more than 12 billion dollars in 170 different projects in favour of the Kingdom's economic and social development
10/10/2022
Exclusive: “Angola represents an opportunity for our shareholders”, says CEO of Access Bank
For Access Bank, “the transaction furthers the Bank’s strategy of being Africa’s payment gateway to the world, while working with other continent-focused multilaterals to provide robust and efficient payment platforms and ecosystems.&
10/06/2022
FirstBank’s Commitment to Service Yields Stronger Ratings, Accolades
Last month, Fitch Ratings upgraded the ratings of FBNH signifying its confidence in the financial conglomerate.
10/06/2022
The biggest problem facing South Africa’s economy right now – that isn’t load shedding
Food inflation accelerated to 11.5% in August, with fuel inflation sitting at 43.2%.
10/05/2022
Ghana debt lessons for Kenyan banks
At the close of 2021, Ghana’s total public debt stood at an equivalent of $58.6 billion, or the equivalent of 77 percent of its (revised) gross domestic product (GDP).
10/04/2022
Five real estate trends and opportunities in Africa
According to Adeleye, there is an opportunity to develop corporate accommodation projects anchored by multinational companies and international government entities operating in Africa.
10/04/2022
Vibrant insurance industry important for Nigeria’s growth – Elumelu
Elumelu congratulated the NCRIB on its anniversary and the role it had played.
10/03/2022
Ecobank unveils programme to empower women
The bank noted that women have not enjoyed equal access to high quality, demand-driven financial services
10/03/2022
Opportunity beckons for South Africa’s revival – but don’t bet on it
South Africa with quite a low investment rate by international standards.
10/03/2022
Despite Challenges, UBA Leads Banking Sector in CAR, Liquidity Ratio
The CAR and the LR in the banking sector remained above prudential limits at 14.1 and 42.6 per cent, respectively in June 2022, according to the Central Bank of Nigeria (CBN).
09/30/2022
Investment in sustainable assets set to hit Sh2.3trn
Sustainable investments allow an investor to achieve financial returns while promoting long-term environmental or social value through their investment.
09/29/2022
Move Africa’s industrialization goals and trade competitiveness
“Members talking to each other is essential because it is about creating a platform for solving short and long-term development plans,” she said.
09/28/2022
Knife Capital’s African Series B fund secures commitments from Standard Bank, SA SME Fund
The Knife Fund III invests in scalable business-to-business technology companies that have attractive exit optionality.
09/27/2022
A European retreat opens the door to Middle East banks in Africa
As European and Chinese banks scale back in Africa to cut costs and redeploy capital to core markets, Middle East lenders are happily jumping in to fill the gap, buying assets and putting more boots on the ground as bilateral trade between the regions inc
09/26/2022
Standard Bank sees Tanzania-Uganda gas pipeline as 'positive'
The EACOP, being developed by a group including TotalEnergies SE, will transport crude from Uganda's oil fields to Tanzania's coastline.
09/26/2022
FBN Insurance rebrands to Sanlam Life
The Chief Executive Officer, Sanlam Pan Africa Life Insurance Cluster, Robert Dommisse, highlighted Sanlam’s commitment to Nigeria, and the importance of West Africa market to Sanlam.