10/31/2019
In approving the loan, Board members called for the monitoring of Angola’s high public debt levels, estimated at about 90% of GDP, and projected to ease to around 60% by the end of the program period.
10/31/2019
President Kenyatta urged Middle East investors not to be deterred by negative media stories that try to depict Africa in negative light while ignoring the growth and prosperity of the continent.
10/31/2019
Mauritius and Kenya are the only countries with ‘high’ commitment levels.
10/30/2019
Only this month Afreximbank announced plans to list global depositary receipts in London.
10/30/2019
“There is a sense that this will be good for lending growth and banks’ margins.”
10/30/2019
Any African government purchasing those weapons would of course no longer be directing them at colonial armies but more likely violent jihadi extremists in the Sahel, for example.
10/29/2019
All considered, the critical consideration was to balance the objective of addressing illicit financial flows and counterfeits while ensuring that the process was not disruptive to the public and the economy.
10/29/2019
Shareholders led by a former Goldman Sachs analyst are hoping to cash in on the plan to nationalize the publicly traded South African Reserve Bank
10/29/2019
The African Development Bank (AfDB) and the New Development Bank have signed an agreement to promote new impact projects to improve the lives of millions of Africans.
10/28/2019
Chalgoum said the government expects funding through the current financing program with the International Monetary Fund, and the rest will be through the global financial market.
10/27/2019
These instruments are the key tools that will support the launch of the operational phase of the AfCFTA with start of trading scheduled for July 2020.
10/25/2019
Credit Bank chief executive Betty Korir said the unified loan-cum-insurance products will be competitively priced to enable the lender disburse money for small to big-ticket deals.
10/25/2019
One Airport Square, which is the asset under finance, is situated in the established commercial office node known as Airport City, which is situated on the doorstep of the Kotoka International Airport.
10/25/2019
Court documents showed that the restaurant entered into an agreement with the bank on April 10, 2015, under which it agreed to give Dari a $9.3 million (Sh962 million) loan.
10/25/2019
The law would mean that the central bank would license and regulate the lenders, and also force them to have requirements for capital.
10/25/2019
The law that regulates company operations, the Companies and Allied Matters Act (CAMA) 2004, was amended by the last Senate but is yet to be signed into law.
10/24/2019
Kieswetter said that the value proposition offered by the large business centre is to promote voluntary compliance at the lowest cost to the taxpayer and SARS.
10/23/2019
The partnership will also allow Ecobank corporate account holders to make bulk disbursements, such as payroll payments, directly into Airtel Money customer wallets.
10/23/2019
The governor has dedicated his award to the youth of Africa.
10/23/2019
Last June, pension scheme administrators welcomed the Treasury’s policy, saying it would create a pool of funds for various investments that promote public good.