09/05/2022
Ethiopia plans to open up banking sector to foreign investors
Foreign investors have long eyed key sectors including banking, telecoms, transportation, aviation and others in Ethiopia
Alternative Investments
09/05/2022
Access Bank Divests Pension Custody Business To First Bank
Access Bank transferred the shares to First Pension Custodian Nigeria Limited, after their initial agreement was announced in May in a filing submitted to the capital market authority, Nigerian Exchange Limited.
09/05/2022
Afreximbank to invest $700mln in Afro-Caribbean trade, new bureau
Trade between Africa and the Caribbean has been negligible despite historic linkages
09/02/2022
Four ways to transform Africa-Caribbean trade
A century after the end of the transatlantic slave trade, Garvey saw how Black economic empowerment through international trade could be a real pathway to freedom.
09/02/2022
Africa life insurance still has growth pockets as inflation erodes incomes
Kenya, Mozambique and Botswana are markets where Absa Life has the chance to achieve “low double-digit” growth, driven by increased penetration as well as higher premiums, Strauss says in Johannesburg.
09/02/2022
Kenya Power shuts door on banks return to selling tokens
The company’s position contradicts assurances made by commercial banks to their customers that the decision was temporary.
09/01/2022
Green buildings: New opportunities emerge
Some of these developments are driven by multinationals either setting up office in Nairobi or those expanding their operations in the country and region.
08/31/2022
Old Mutual declares interim dividend after half year profit lift
It said that results from operations increased 87% to R4.1 billion, while gross written premiums were up by 9% to R10.9 billion.
08/31/2022
AXA Mansard Insurance Posts N44.97bn Premium
The firm also said that its total assets went up by 15 percent to N119.78 billion, from N104.06 billion as of December in the same year.
08/29/2022
Africa’s Record Private Investment in infrastructure in 2020 sends strong signal
The panelists shared perspectives, success stories and the challenges they faced to plug Africa’s estimated $67-107 billion annual infrastructure gap.
08/29/2022
Integrating creativity is no longer a luxury
The answer is less complex than it seems because the ripple effects of such partnerships go beyond the bottom line.
08/26/2022
World Bank Supports Safer Roads for Economic Integration in Mozambique
The project is fully consistent with Mozambique’s National Development Strategy 2015-2035 and with the World Bank Country Partnership Framework FY23-27, currently under preparation.
08/26/2022
Discovery, Sanlam and other insurers raided over alleged price fixing and collusion
The search and seizure operations are being conducted as part of an ongoing investigation that was initiated by the commissioner in January 2021.
08/24/2022
Trinidad and Tobago to expand trade relations with Nigeria – Envoy
The News Agency of Nigeria reports that the year-long celebration has as its theme and hashtag #Together60.
08/24/2022
Big business sounds the alarm over escalating cost of SA debt
CEO Cas Coovadia warns that SA’s fiscal position is tight
08/23/2022
Discovery launches new discretionary fund manager
Cogence, the new company, will make BlackRock’s Aladdin Wealth technology available to SA financial advisers for the first time
08/22/2022
Tshisekedi chairs SADC but banks on East Africa for trade, security
The summit was themed on economic development and industrialisation of the bloc including transformation of agricultural production and the processing of minerals, an indication of the potential of DRC.
08/18/2022
Standard Chartered Enhances Fixed Income Offering
With the Fractionalized Eurobonds, more clients can enjoy regular coupon payments, stable cash flow, and easy access to the principal value of their investment at maturity.
08/18/2022
Unity Bank targets underbanked women in Yanga campaign
The product targets women entrepreneurs in the Micro, small and medium enterprises
08/18/2022
Insurance in South Africa Market to Witness Huge Growth by 2028 : Capitec Bank, Clientele, Discovery Life
Understanding the segments helps in identifying the importance of different factors that aid the market growth.