09/03/2020
The youth are the hardest hit by joblessness compared to their counterparts above 35 years in an economic setting that is plagued by job cuts and hiring freezes on the back of sluggish corporate earnings.
09/03/2020
Without rapid and vastly increased external help to weather the COVID-19 storm and ease their debt-service burden, many African economies could collapse. This would directly affect the rich world in ways for which it is not prepared.
09/02/2020
As a non-bank, MCF partners with mainstream banks for loan disbursements. Mr Okongo notes that some banks’ unwillingness to grow their health portfolio as a concern.
09/02/2020
The President stressed the new framework would enhance and complement the Bank’s High-5 priorities
09/01/2020
Remittances in the seven months to July were 3.9 percent higher than in the same period in 2019.
08/30/2020
To illustrate its breadth of influence, Forbes has reported that this year’s award presentation will feature a keynote address by former Nigerian President, Olusegun Obasanjo, a peerless leader known far and wide.
08/30/2020
The country’s natural resource wealth and growing population does show a long-term growth potential, despite its current challenges and now coupled with the pandemic of the coronavirus.
08/28/2020
Kenya yesterday recorded 373 new Covid-19 cases bringing the number to 33,389 while fatalities rose to 567 after three people died.
08/27/2020
The Bank launched a $10 billion COVID-19 Response Facility to support African countries
08/27/2020
The bank said its headline earnings per share – the main profit measure in South Africa – stood at 438 cents ($0.2605) in the six months to June 30 compared with 1,435 cents a year earlier.
08/27/2020
The big question on the minds of banks is how to remain relevant and ‘present’ in the lives of customers when so much of what happens in their transactional lives becomes increasingly invisible, behind the scenes and requiring a minimum, if an
08/26/2020
ENSafrica will be celebrating our 200-year presence in Mauritius on the 25 September 2020.
08/26/2020
How can we grow the potential of African women entrepreneurs? Josephine Anan Ankomah looks at how technology can be employed to provide women-led businesses with greater financial support.
08/26/2020
As our research shows, ideologies of meritocracy and individualism create obstacles for collective action towards a more equal and just society.
08/25/2020
The increased uptake of salary advances coincides with the period in which the discovery of first Covid-19 case in Kenya on March 13 triggered job losses and salary cuts, disrupting financial plans of salaried people.
08/25/2020
Banks around the world have not yet fully integrated environmental, social and governance criteria (ESG) into their strategies.
08/24/2020
By Charles Leyeka Lufumpa, Acting Chief Economist and Vice President for Economic Governance and Knowledge Management at the African Development Bank Group
08/24/2020
Banks had voluntarily offered financial relief of R19.45 billion to individuals and of R13.38 billion to commercial and small and medium enterprises.
08/24/2020
The coronavirus pandemic is devastating, but unless we act now, the impact of climate change on humanity will be catastrophic.
08/23/2020
There is a need to focus on fundamentals: producing more of what Africa consumes, and consuming more of what Africa produces