The insurance industry represents a significant opportunity for AI to drive value creation, and the technology will continue making inroads across the industry in the months and years ahead.
Category: Banking & Finance
Stock-Bond Diversification Offers Less Protection From Market Selloffs
Diversification has become harder since 2020 as stocks and bonds tend to move in tandem during sharp selloffs, adding to financial stability concerns Spreading investments across asset classes can reduce risk and smooth returns. The classic diversification between stocks and bonds has historically worked because they move in opposite directions. When stocks fell, investors sought […]
South African Rand Flat Ahead of Local Data
The South African rand was muted in early trade on Wednesday, as traders awaited inflation data, retail sales data and a business confidence index that will shed light on the country’s economic outlook.
UBA Unveils Diaspora Platform to Connect Global Africans with Investment, Wealth Opportunities
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a diaspora banking and investment platform designed to serve Africans living and working across the world and within the continent.
International Islamic Trade Finance Corporation Signs 2026 Annual Financing Plan with Senegal
Senegal//-The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed the 2026 Annual Financing Plan with the Republic of Senegal, reaffirming its commitment to continue supporting the country’s priorities and economic development agenda.
Why Afreximbank’s Break with Fitch Exposes a Deeper Rift
In a recent public statement, the African Export-Import Bank (Afreximbank) announced it would terminate its credit rating relationship with Fitch Ratings. The rationale for this decision was particularly striking.
AD Ports Group Secures $115M Financing Led by IFC and NBK – Egypt to Advance Safaga Terminal
Abu Dhabi, UAE//- AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, has finalised a USD 115 million project finance facility to support the development of the Noatum Ports – Safaga Terminal in Egypt, reinforcing the Group’s long-term commitment to expanding critical port and logistics infrastructure across its key focus international […]
UBA Ghana Pays Courtesy Call on Ga Mantse
Accra, Ghana//-United Bank for Africa (UBA) Ghana Ltd has paid a courtesy call on the Ga Mantse, His Royal Majesty King Tackie Teiko Tsuru II, to informally introduce the Bank’s newly appointed executive leadership.
All MPs Have Bought Votes Before, And So What?
Those arguing spiritedly and asking which of our MPs in Parliament today haven’t done this or that before should stop that argument.
UBA Group Announces Loknath Mishra As CEO UBA UK
Africa’s Global Bank, United Bank for Africa (UBA), has announced the appointment of Loknath Mishra as Chief Executive Officer of UBA UK.