Managers of Wealth Africa

South Africa: Banks consider more relief for borrowers hurt by COVID

The scheme is a partnership between the treasury, the central bank and commercial lenders to support businesses with loans until conditions improve.

Ecobank is the "Go to" Bank for Regional Trade in Africa - Akinwuntan

According to him, "while intra Africa trade provides opportunity for the growth of our economy in Africa, Ecobank is 'the go to bank' for Africa regional trade".

Mogadishu-based Amana Bank signs comprehensive software deal with Path Solutions

The new project will be deployed on Oracle Cloud Infrastructure for high-performance computing power to run the bank’s IT workloads while providing real-time elasticity

Access Bank Restates Commitment to Tech Innovation

Odusote noted that Hackathon was not just a one-time project as the government would take it further to ensure that all the solutions developed by the participants were put to use.

Tony Elumelu, two other Nigerians among Time magazine 100 Most Influential People of 2020

UBA is reputed to be the only African bank with a commercial deposit taking licence in the United States.

'Whatever you are passionate about make a success of it' Absa exec Punki Modise

Banking in my mind gives one a window to the economy and also affords the opportunity to actively participate and make a difference to the broader society.

Jaiz Bank Wins Award

A statement from Jaiz Bank stated that the GIFA methodology – on which the awards are based and winners selected – is the most detailed approach to screen only the best of the best in their respective award categories.

Access Bank, FBNH, others gross N1.6tr revenue in H1 2020

Despite the harsh effects of the coronavirus (COVID-19) pandemic that trimmed physical banking activities for over three months, some banks quoted on the Nigerian Stock Exchange (NSE) earned a total of N1.6 trillion in the first half of 2020 financial yea

Ghana: CBG MD Honoured at Ghana Development Awards

He has served in several roles in Standard Chartered Bank, United Bank for Africa (UBA) and First Atlantic Bank Limited.

Africa: First Bank's CEO Bags Forbes' Best of Africa Award

Forbes had stated: "Adesola Adeduntan believes strongly in the importance of doing well by doing good. In March 2020 he spoke at the Edinburgh School of Business about financial institutions' role as drivers of financial inclusion.

South Africa Banks Gather Their Defenses to Ride Out Virus Storm

A report by PwC, covering results at Standard Bank Group Ltd., FirstRand Ltd., Absa Group Ltd. and Nedbank Group Ltd., estimates their charges soared by a combined 130% in the first half of 2020 from a year earlier, while profits before provisions grew 4.

Jaiz Bank: First shared-profit bank in Nigeria approaches 10 years

Nigeria’s first non-interest bank has moved from being a regional bank to a national bank.

Ghana Adopts Contact-less Payment Solutions With QR System

At present six banks in Ghana have initiated services to allow the public pay for goods and services through the Universal GH QR code.

KCB unveils contactless card payment campaign

The bank encourages a cashless system as Covid-19 remains a global problem

Nigerian banks adopt new business models amid pressured earnings

Against the difficult operating environment, the challenge for Nigerian banks today is how to deliver sustainable earnings growth.

Survival strategies pushing banks in Nigeria away from lending

Nigeria’s biggest lender by market value said last week it will transition to a holding company next year to allow d

Banks bad loans tipped to rise as profitability suffers

This will further dent the banking sector profitability that has already been hit by higher provisioning for bad loans.

Survival Strategies Pushing Banks in Nigeria Away From Lending

It’s partnering with Leadway Assurance Co. Ltd. to boost sales of insurance products.

Nigerian Banks Seen Adding Fuel to Kenya’s Deal-Making Frenzy

Kenya has too many banks relative to size of the population, meaning more consolidation is inevitable following at least five takeovers over the past year, Solanke said.

Absa commits to growing African trade with award-winning online platform

The bank also won the regional award forBest Trade Finance Services.

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