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Bank & Finance

Sep 10, 2016
Togo-owned Ecobank is set to reap from the decades-long property boom in Kenya from the sale of its office tower in downtown Nairobi. Ecobank Tower Nairobi Disposal of the 19-floor…
Sep 08, 2016
The Republic of Ghana has announced guidance of 9.5% area (+/-12.5bp) on a US dollar bond that will mature in 2022, according to a lead. John Dramani Mahama, President of…
Sep 05, 2016
There is an urgent need to build some sort of a national m-payments infrastructure where telecoms, banks, content providers and other institutions who want to enable mobile payments for their…
Aug 31, 2016
Central Bank of Nigeria CBN has issued license to 11 new International Money Transfer Operators (IMTOs). This was disclosed in a statement released by the apex bank’s Acting Director, Corporate…
Aug 31, 2016
This blog shares some key learning points that may contribute to a broader Illicit Financial Flows agenda (IFFs) for civil society from the High Level Panel on Illicit Financial Flows…
Aug 27, 2016
Ahead of the sixth Tokyo International Conference on African Development, TICAD to be held this weekend in Nairobi, World Bank President,Jim Yong Kim revealed that Africa needs over $90 billion…
Aug 26, 2016
Mobile Money is growing in popularity around the world, but Ghana has experienced growth surpassing that of other markets over the past 18 months. This month Ghana celebrates Mobile Money…
Aug 24, 2016
SWIFT data shows that Renminbi (RMB) usage in payments in South Africa increased by 65% over the last 12 months and by 112% in the last two years, moving the…
Aug 23, 2016
The planned October introduction of a token currency in Zimbabwe, called bond notes, has stoked fears of the return of a much-loathed local currency by stealth. Zimbabweans have nightmarish memories…
Aug 19, 2016
Mobile-based bank account KCB M-Pesa has disbursed a total of Sh10.3 billion ($102 Million) in loans to its customers since March last year, indicating a growing appetite for short-term loans.…
Aug 16, 2016
A hybrid facility, blending a basket of local and hard currency with a bank hedge, provides an alternative to managing currency volatility and liquidity risk in African commercial property transactions.…
Aug 14, 2016
The Bank of Ghana (BOG) has expressed discomfort over continued poor handling of the cedi notes – the local currency, something Dr. Johnson Asiama, the Second Deputy Governor, says is…
Aug 13, 2016
Anglo-South African financial services firm Old Mutual and Nigeria’s sovereign wealth fund has signed agreements to set up two funds to invest in real estate and agriculture in Africa’s most…
Aug 11, 2016
MasterCard through eTransact has introduced a new banking solution dubbed MasterPass, aimed at driving financial inclusion in the country. The solution, which allows customers to buy goods and services and…

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