Morocco's Attijariwafa bank gets $5 billion from China's ExIm for Africa export fund
RABAT (Reuters) - Morocco’s Attijariwafa Bank said on Friday it had agreed with State-owned Export-Import Bank of China (ExIm) to set up a 5 billion dollar fund to promote African …...
Read More Egypt's inflation lowest in nearly a decade
Cairo (AFP)Egypts inflation rate dropped to the lowest level in nearly a decade last month, official figures showed Saturday, as cheaper food offered respite to consumers squeezed b…...
Read More Nigerian banks stepping up efforts to plug gender gap
Only one in three women in Africa’s most populous nation currently has an account, development body saysWhen Bolanle Austen-Peters sought a loan for a cultural centre in Lagos, she…...
Read More African Export-Import Bank delays IPO over unfavourable markets
The bank is waiting for equity markets to improve.Vernon Wessels, Bloomberg / 29 October 2019 11:09 Afreximbank plans to use funds raised from the IPO to help finance rapidly i…...
Read More Barclays Ghana marks 2019 World Savings Day with 25,000 basic school pupils
Barclays Bank Ghana, part of the Absa Group, has marked the 2019 World Savings Day with students of some selected basic schools across the regions of Ghana.Employees of the bank, nu…...
Read More South African banks continue to dominate Top 10 Africa lenders
The Top 100 Banks survey ranks lenders in terms of Tier 1 capital, made up of their capital + reserves + retained earnings + minority interests. The figures in local currencies are …...
Read More Money rules you should expertly break
There’s no shortage of money advice. You have probably come across numerous “rule of thumb” guidelines. But as you might have realised, while the rules are a good place to start,…...
Read More For Morocco, independence of judiciary is key to attracting foreign investors
Moroccan King Mohammed VI stressed the need to unify efforts and pool energies to create a healthy and safe environment for business and investment in Morocco.At an international co…...
Read More Africa sets common currency goal by 2025
Africa has revived talks of a common currency, with Finance ministers from the region optimistic the dream feasible in five to six years.Speaking at the International Monetary Fund …...
Read More Jubilee, Credit Bank enter deal targeting SMEs
Regional listed underwriter Jubilee Holdings Wednesday inked a partnership deal with Credit Bank that will see the firms create loan financing and insurance products that will be ta…...
Read More