07/22/2022
Invest in Africa, African Development Bank Chief Urges Investors at U.S.- Africa Business Summit
This is an opportune time for American investments in Africa, at scale.
Comment, Analysis & Research
07/21/2022
Warning signs as wealthy South Africans take strain from the higher cost of living
“Relatively speaking, the improvements observed for credit card and personal loans were the most significant, with both of these products showing a relative improvement in CDI of almost 23%.
07/21/2022
3 big changes Nedbank customers can expect in the next few months
The secure contactless card collection services also proved invaluable during Covid-19 lockdowns with its associated delivery restrictions and social distancing requirements.
07/20/2022
Emefiele boasts, “eNaira is a disadvantage to banks”
Mr. Emefiele admitted that the eNaira had not performed to expectations and blamed this in part on the lack of awareness of the product among many Nigerians.
07/19/2022
The 15 African Countries with the Most Expensive Data
Cheap data is therefore important for many developing countries in Africa.
07/18/2022
Highest Paid CEOs in Nigeria in 2021
The MD/CEOs of the top 37 companies on the NGX, who reported the directors’ remunerations, earned about N5.51 billion in salaries in 2021 compared to N5.33 billion in the previous year.
07/14/2022
Nigeria: Dangote Moves 20 Places Up, Now 63rd, As Musk Tops 100 Billionaires Ranking
Dangote, Africa's richest person controls Dangote Industries, a closely held conglomerate.
07/13/2022
Funding for Nigerian tech firms drops by 30%
The Nigerian tech sector has been touted as one of the nation’s bright lights by the government, investors, and the populace.
07/13/2022
Can employers sue for financial losses incurred during a protected strike?
SACCAWU excepted to the Company’s statement of claim on various grounds.
07/12/2022
Adesina Highlights AfDB Role In Realising Africa’s Economic Opportunities
Dr Adesina was first elected President of the African Development Bank Group in 2015 and was unanimously re-elected for a second five-year term in 2020.
07/08/2022
Exim Bank’s ‘Tuesday Market’ is best market initiative in Africa
Dr. Eradiri indicated that the award is intended to spur GEXIM to do more within its mandate to impact more individual SMEs and the entire ecosystem.
07/08/2022
Nigerian Private Sector Productivity Contracts First Time Since December 2020
According to the report, this resulted in business conditions improving at the weakest rate for almost 18 months as companies responded by raising their staffing levels, purchases and stocks of inputs reduced rates in June.
07/05/2022
85% of adults in South Africa now have a bank account, says World Bank
The report, which gathers data on global access to financial services for 123 countries, found that the combination of traditional back accounts and phone-based financial services was behind the steep increase.
07/04/2022
Nigerian adults with bank accounts hit 45% — World Bank
Nigeria’s account ownership growth grew from 30 per cent to 45 per cent in the period under review.
07/01/2022
Tunisia’s banks to record 'subdued' profits amid economic crisis, Moody's says
Intense competition for deposits will keep lenders' interest margins tight, although higher interest rates on loans will provide some relief
06/28/2022
3 things that will decide South Africa’s next big interest rate hike in July
The South African Reserve Bank is now forecast to follow up the 50bps hike in May with another 50bps rise in July.
06/28/2022
Motheo Khoaripe speaks to Sugendhree Reddy, CEO at Access Bank
Two years later, Nigerian Bank group, Access Bank bought into the financial services provider, and now trades as Access Bank South Africa.
06/27/2022
5 important things happening in South Africa today
Here’s what is happening in and affecting South Africa today
06/10/2022
EBRD, EIB and World Bank launch new report on MENA’s economy
The chart shows average GDP per capita growth for 2008-2020.
06/10/2022
Firstbank, Eloy Foundation Promote Sustainability Of Female Owned Businesses
The business shower will avail businesses of a platform to pitch their ideas to win seed grants and join the ELOY Foundation Sustainable Empowerment Programme 2022.