05/07/2019
EBRD considers move to extend lending to sub-Saharan Africa
Support builds in EU capitals for more investment to stem migration to Europe
Regulation,Tax & Compliance
05/07/2019
These Are Possible Candidates to Head Nigeria's Central Bank
Emefiele’s term runs out in June and he could be reappointed
05/07/2019
Ghana’s pensions regulator is working to ensure about 11m informal sector workers have pension schemes
The National Pensions Regulatory Authority (NPRA) has said that it is putting measures in place to ensure that Ghanaians working in the informal sector are able to access a pension scheme.
05/02/2019
Equity Bank trims staff by 392, workers miss out on share deal
The staff numbers and costs however may jump significantly as the firm goes on a shopping spree to buy four regional banks from London-listed Atlas Mara.
05/02/2019
CEO Ade Ayeyemi keeps Ecobank on a cost-cutting diet
Except for the 2012 financial year, the group’s owners have only been rewarded for the capital they have contributed once in recent years: in 2015, with $69m paid.
05/02/2019
Departing Hodnett gets to keep Absa shares
Also paid a long service award of a rather bizarre R5 000.
05/02/2019
UN Secretary-General, AfDB Bank President to push development in Africa
Guterres signalled his strong support for the African Development Bank’s flagship ‘Desert to Power’ initiative, which is expected to provide electricity to 250 million people.
05/02/2019
New laws threaten South African banks and the economy: Nedbank CEO
“Banks have a fiduciary duty to protect the deposits of their savers and investors and cannot use their funds to extend credit if they cannot be sure the loans will be repaid.”
05/01/2019
Equity Group expansion plans to shoot value to Sh694bn
The negotiation is subject to shareholders and regulatory approvals including Central Bank, Competition Authority and Capital Market Authority.
05/01/2019
South Korea Ready For More Partnership On Africa’s Economic Growth
Some of the range of business options for investments include agriculture, green growth, smart urban transportation management, and numerous business opportunities.
05/01/2019
The World Federation of Exchanges Publishes Annual Sustainability Survey
This year’s survey also expanded the section on the United Nations Sustainable Development Goals (UN SDGs) to examine how exchanges are engaging with these targets.
05/01/2019
Nigeria Sovereign Investment Authority more than doubled profit at N46.5b in 2018
Also, total assets recorded a growth of 16 per cent to N617.7 billion at year end, showing an increase when compared to the N533.88 billion of 2017.
05/01/2019
UN Secretary General, African Development Bank President agree to strengthen ties and push development agenda in Africa
The two heads of institutions met following Adesina’s trip to the United States for the World Bank’s annual Spring meetings held in Washington DC.
04/29/2019
Kenya inks $2.23 billion projects deal with China
Also signed was the operation and maintenance service agreement for the Nairobi-Naivasha segment of the standard gauge railway (SGR).
04/29/2019
AfDB signs $50m agreement with Natixis to boost trade finance in Africa
The RPA will meet the growing demand of African markets for trade finance in key economic sectors such as agribusiness, health, services and industry.
04/29/2019
HARRY JOFFE: The benefits of an offshore endowment policy
What are some of the advantages of using an offshore endowment policy with a South African insurer?
04/29/2019
Abu Dhabi Fund To Deposit $250m Into Sudan’s Central Bank
The deposit is part of a $3 billion grant to Sudan announced by Saudi Arabia and the UAE earlier this month.
04/29/2019
Zimbabwe scrambles to resolve cash crunch
The country faces a worsening economic crisis and partial liberalisation of the foreign currency regime has not brought a respite.
04/29/2019
Credit Suisse Hit With Criminal Complaint Over Mozambique
The Swiss complaint is awkward for Credit Suisse, which has sought to downplay its ties to the oil- and gas-rich eastern African nation.
04/29/2019
Motive Labs Forms Strategic Partnership With Standard Bank
Today's deal will also help strengthen our trading relationship with Africa and will go further to fulfil the Prime Minister's promise to be the largest G7 investor in Africa by 2022.