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Bank & Finance

Feb 27, 2015
The Group Managing Director of Ecobank Group, Mr Albert Essien, on Wednesday urged investors to be prepared to engage with African countries on a long-term basis and avoid abrupt changes…
Feb 20, 2015
If when you say internet, you think of a computer, then you probably don't live in an African country. The continent has some of the lowest fixed-broadband subscription rates in…
Feb 18, 2015
BANK OF AFRICA - GHANA as part of its activities to mark this year’s Valentine’s and Chocolate Day celebration, appreciated its valued customers and patrons of its banking halls with…
Feb 17, 2015
The Technical Review Committee of the Africa Trade Fund (AfTra) at its meeting on February 13, 2015 in Abidjan, approved funding worth more than US $1.4 million for four projects…
Feb 15, 2015
Mobile money providers will earn an estimated USD 1.5 billion in fees from such things as bill payments and sending money to relatives in sub-Saharan Africa by 2019, according to…
Feb 11, 2015
The European Investment Bank (EIB) and the Eastern and Southern African Trade and Development Bank, or the PTA Bank on Tuesday launched a 160 million-euro lending program to support investment…
Feb 10, 2015
While most regions in Africa are recording significant uptake of mobile money, the West African region is lagging behind, according to a new report. East Africa in particular has recorded…
Feb 05, 2015
 MoneyGram (NASDAQ: MGI), a leading global money transfer company, announces today that its agent network in Africa has now reached 25,000 locations, following a strategic expansion initiative across the continent.…
Feb 03, 2015
QNB has been confirmed as the most valuable banking brand in the Middle East and Africa, according to the annual survey carried out by Brand Finance and published by The…
Feb 02, 2015
Standard Bank Group Limited (SBG) announced today in a stock exchange release that it had signed the closing documents with Industrial and Commercial Bank of China Limited (ICBC) to cement…
Feb 01, 2015
President Jacob Zuma says African institutions need independent funding by Africans to avoid being dictated to by foreign donors. He was speaking to the SABC at the end of the…
Jan 29, 2015
The Monetary Policy Committee left the repurchase rate at 5.75 percent in a unanimous decision, Governor Lesetja Kganyago told reporters in the capital, Pretoria, on Thursday. That matched the forecasts…
Jan 28, 2015
Leading Nigerian banking group, United Bank for Africa (UBA), has expanded into southern Africa with the opening of new branches in Angola and South Africa. United Bank for Africa (UBA)…
Jan 26, 2015
African pension funds with growing asset bases, due to rising incomes, will need to look beyond traditional asset classes to diversify their portfolios. Given private equity’s long-term nature – the…

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