Managers of Wealth Africa

Kenyan Digital Lenders Back Moves to Rein in Unregulated Market

Digital lenders have been accused of increasing de

Access To Acquire Cavmont Bank Zambia

Under the terms of the agreement, ABZ will acquire the entire issued ordinary share capital, assets and liabilities of Cavmont Bank while Capricorn Group Limited, the ultimate majority shareholder of CCHZ, will invest at least $16.5 million of preference

Bank of Ghana marks 63yrs of central banking

Four months after the country gained independence from the British, the BoG opened its doors to the public after it was established under the Bank of Ghana Ordinance No. 34, 1957.

CBE performance irks president

One of the positive performances in the bank’s operation in the fiscal year is its customer growth.

FMO, Proparco and Symbiotics invest in Access Bank Nigeria

totaling $93.8m to Access Bank, a Nigerian multinational commercial bank, owned by Access Bank Group.

Nigeria's Access Bank buys loss-making Zambian Cavmont

The transaction is expected to be completed during October 2020, subject to regulatory approvals from relevant authorities.

“We enable ATM withdrawals without a card” – Ecobank

With Xpress Cash, customers can send money to their loved ones who are not even banked.

Orange Bank Africa Created to Provide Greater Access to Financial Services in West Africa

Having played an essential part in financial transactions for several years now, Orange Money and digital services became even more important and more rapidly adopted by users during the health crisis. With this in mind, Orange believes that mobile bankin

Co-op Bank Kenya to complete Jamii Bora Bank acquisition this month -central bank

"This transaction...will (enhance)... the resilience of the Kenyan banking sector," the central bank said in a statement.

Independent panel’s findings should end AfDB dispute

It further concluded that “it has considered the President’s submissions on their face and finds them consistent with his innocence and to be persuasive”.

Access Bank warns customers to beware of e-fraudsters

Access Bank will continue to educate customers on how to avoid falling victims as well as deploy resources to ensure the security of customers funds.” Etuokwu said

Banks’ role in reviving economy takes centre-stage at Most Respected CEOs Breakfast Series V

It brings together seasoned business leaders and banking experts to deliberate on how financial institutions can successfully navigate the COVID crisis, support businesses, revitalise and revive the economy, and ultimately spur economic growth.

UMB rides covid-19 storm, 194% increase in profit

With the UMB Visa contactless cards, customers can make faster and secure payments on any contactless-enabled POS device or terminal worldwide.

Banking sector’s profitability drops by 88 per cent in April

A volatile environment has also seen banks refuse to lend to the private sector, with most of them parking their excess liquidity in government securities at low-interest rates.

Assessing The Sectoral Distribution Of Credit And Non-Performing Loans In Ghana

In a financial sector where there is high Non-Performing Loans relative to the total assets of a financial institution, a serious threat is posed to performance indicators such as return on assets and return on equity which could eventually lead to corpor

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