05/16/2022
Nine banks’ non-performing loans rise, hit N814bn – Reports
Access Bank in 2021 reported N181.5bn NPL by value, representing an increase of 4.3 per cent from the N161.2bn it recorded in 2020
Alternative Investments
05/13/2022
EBRD supports the development of Morocco’s capital market
After launching the first “green bond” in the Moroccan banking sector in 2016, BOA remains innovative in its sustainable and inclusive finance instruments.
05/13/2022
CMA licenses three fund managers as African Alliance drops investment banking
“The investment bank notified the Authority of its intention to cease operation of their Investment Bank activities"
05/13/2022
African Development Bank Group, Ethiopia sign agreements
The agreements will support agro-industrial park, youth employment and Ethiopia-Djibouti power interconnection
05/13/2022
Cameroonian billionaire, Alain Nkontchou, increases investment in Ecobank to N3.58bn
The Cameroonian’s investment in the financial institution is now worth N3.58 billion.
05/12/2022
Rehma Imrith, IQ-EQ: Mauritius is a connector between Asian private investments and African markets
Mauritius already plays a pivotal role by facilitating impact investments on the continent.
05/10/2022
Johannesburg Stock Exchange first to market with trading analytics platform
JSE Explorer uses peer group rankings to allow trading firms to examine their market share and analyse how they interact with the order book.
05/10/2022
15 things to know about offshore investing
There are now very few barriers to entry for those wishing to externalise their funds
05/10/2022
FBN Insurance records N38.6b gross premium
Ojumah said the company, considered as a fringe player at inception in 2010 has risen to become one of the top two life insurers in the country.
05/10/2022
AXA Mansard records N28.64bn quarterly premium
It stated that its operating expenses rose by one per cent to N2.54bn from N2.52bn in March 2021
05/09/2022
MIREME Launches $5 Million Fund to Expand Usage of Natural Gas Vehicles
The creation of this fund responds to the Government’s goal of boosting the value chain of national primary products
05/06/2022
Mozambique Will Receive $20M Capital Gains from Sale of Vale Assets
As part of the operation, the Indian multinational will carry out investments in the mines
05/06/2022
Standard Bank Maintains Expectations of Slow Recovery in a “Two-Speed” Year. Second Semester of Strong Economic Recovery
The projected growth is partly linked to the easing of Covid-19 related restrictions.
05/05/2022
Graft-Hit South Africa Firm Weighs Sale After Turning a Profit
The shares reversed declines to trade 0.4% higher as of 2:20 p.m. in Johannesburg on Wednesday.
05/05/2022
FBN Insurance pays N16.1 claims
Customer satisfaction is the fulcrum of insurance business
05/05/2022
GTR Leaders in Trade 2022
GTR revealed the shortlist for the Leaders in Trade awards in March
05/04/2022
Sanlam and Allianz to combine operations in Africa
The partnership aims to increase life and general insurance penetration, accelerate product innovation and drive financial inclusion in high-growth African markets.
05/04/2022
Nucleus to sell DFM business
The IMX team is headed up by former Redington executive, Jonny Letham, who joined the platform in April 2019.
05/04/2022
Government pension fund finally gives PIC a mandate to manage its unlisted investments again
The PIC announced on Tuesday that the two institutions have now signed the new mandate.
05/02/2022
Wealth Fund for $96 Billion Mozambique Gas Haul Seen This Year
The southeast African nation’s central bank in October 2020 published a proposed model for the fund, which it said would build up savings and contribute to fiscal stability when commodity prices fluctuate.