Browsing: Bank

IFC announced today a new investment in Rawbank, a leading bank in the DRC, to improve access to finance for…

Ecobank Group, the leading pan-African bank, has won the highly coveted Best Place to Work in Africa 2022 Award from…

African Export-Import Bank (Afreximbank) has applauded the ratification by the Barbadian Parliament of the Partnership Agreement with the Bank. Barbados,…

The Board of Directors of Shelter-Afrique, the pan-African housing development finance company, has approved a US$13 million line of credit…

African Export-Import Bank (Afreximbank) is attending the third edition of the Africa Investment Forum Market Days 2022 (AIF) in Abidjan,…

The Eastern and Southern African Trade and Development (TDB) has extended a 3-year USD 10 million trade finance line of…

• Fintech Challenge offers early stage and mature start-ups the potential to partner with Ecobank across 33 African countries• Applications…

Oragroup has become an official Signatory of the UN  Principles for Responsible Banking – a single framework for a sustainable…

The 2022 Afreximbank Trade Finance Seminar (ATFS2022) and Factoring Workshop opened on 3 October in Kampala, Uganda. The three-day programme…

A recent research report by Rabee Securities showed that Bank of Baghdad’s profit before tax decreased by 3% quarter on…

African Export-Import Bank (Afreximbank) has announced that Japan Credit Rating Agency (JCR) has affirmed its long-term issuer rating of A-…

A coverage rate of 66% … which denotes the immaturity of the market or the low appetite of investors for…

In three years, BNP Paribas will have liquidated its holdings in 8 subsidiaries in Africa excluding Morocco, Algeria and South…

Gelsomina Vigliotti confirms EUR 600 million EIB backing for Line 3New Cairo Metro line represents the EIBs largest transport investment…

Africa’s trade grew significantly as the world gradually recovered from the COVID-19 pandemic, Professor Benedict Oramah, President and Chairman of…

The Board of Directors of the African Development Bank Group has approved a new policy that aims to strengthen debt…

The volume of Islamic banking services in Egypt stood at around 429 billion Egyptian pounds EGP (more than 27 billion…

The Islamic Development Bank (IDB) Group, through the Islamic Corporation for Private Sector Development (IDC), has signed a USD 10…

Zenith Bank plc posted double-digit growth of 10% in gross profit for the year ended December 31, 2021 to N765.6…

The war in Ukraine weighs on African currencies. Naira jostled by port chaos. The CEDI is losing ground against the…

The Central Bank of Kenya (CBK) launched this Wednesday, February 23, the National Payments Strategy at an event that brought…

Bank of Uganda (BoU), Uganda’s central bank, kept its key rate at 6.5% this month, with the aim of containing…

Commercial International Bank’s consolidated net profit for the full year 2021 was approximately EGP 13.3 billion (approximately USD 845 million),…

The American bank Citigroup will launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the…

EFG Hermes, the largest investment bank in Egypt, announced on Monday February 21 that it had received the approval of…

The central bank of Rwanda announced on February 17, 2022 that it had raised its key rate by 50 basis…

The South African bank Standard Bank Group Limited plans to buy additional shares in its Kenyan subsidiary Stanbic Holdings, through…