07/02/2026
Credit ratings agencies such as Moody’s, Fitch and S&P exacerbate this dynamic by assigning most African countries sub-investment-grade scores, despite their relatively low default rates.
07/01/2026
It was thus forced to lower its GDP growth expectations for its largest markets, South Africa, Ghana and Kenya.
07/01/2026
A year ago, consumer credit was over N4 trillion and grew to reach a peak of N5 trillion in May 2025.
06/30/2026
African banks have been busy dealmaking as global giants such as Standard Chartered and Societe Generale exit ​smaller markets
06/30/2026
Standard Bank issued a statement that said this type of fraud is becoming more common and more sophisticated.
06/30/2026
Kenya has attracted new banking entrants
06/30/2026
Banks from 11 countries recognised for excellence across retail, digital and SME banking
06/30/2026
Banks from 11 countries recognised for excellence across retail, digital and SME banking
06/25/2026
Under the new digital model, bank branches are able to integrate Smart ID processes into their own systems, instead of piggybacking on the DHA’s systems under the old process.
06/25/2026
This wage growth over the past nine years has outpaced inflation while the company continued to expand its workforce.
06/25/2026
Fihla earned over R148 million for the 2025 financial year, which included R98 million in buyout awards, linked to unvested equity, which he forfeited when he left Standard Bank.
06/24/2026
In three and a half decades, Zenith Bank, his brainchild and the bank in which Ovia CFR previously served as chairman, has been integral in Africa’s remarkable metamorphosis into a continent expected to anchor global growth in the coming decades.
06/23/2026
The bank added that the domestic backdrop has continued to be supported by ongoing structural reform momentum
06/22/2026
South African lenders are increasingly looking beyond their home market in search of faster-growing economies, larger customer bases and new opportunities linked to trade, infrastructure development and digital finance. Kenya has become one of the biggest
06/19/2026
As Kenya's banking sector prepares for consolidation and tougher capital rules, Absa is increasing its exposure to one of the group's fastest-evolving businesses.
06/19/2026
With this investment the Bank Group becomes the first development finance institution to acquire a stake in the BIDC and secure a Boardseat.
06/18/2026
The CBN’s Balance of Payments Highlights for Q1 2026 showed that the improvement was supported by a stronger goods account surplus, which rose to $5.95 billion from $1.77 billion in the preceding quarter.
06/18/2026
The ambition comes as East Africa emerges as one of Africa’s most attractive banking markets, drawing increasing interest from regional lenders looking for growth opportunities beyond their home markets.
06/17/2026
Millions of subscribers across West Africa, East Africa and Southern Africa now account for a significant share of the company's growth story.
06/17/2026
The bank, in a statement, said that the feat underscores its commitment to delivering innovative, accessible, technology-driven financial service solutions to its customers.