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Category archives for: Banking & Finance

Branch’s Micro-Finance Failure and Huge Success: A Case Study

May 17, 2019//-The largely unbanked African continent has been witnessing a dramatic progress in financial inclusion over the past years. Broad mobile adoption has been giving impetus to this refreshing change. Advertisements


Ecobank’s Subsidiary EBI SA Posts Impressive Results

Paris, France, May 16,  2019//- EBI SA, the international subsidiary of pan-African banking group Ecobank Transnational Incorporated (ETI), announced a strong improvement in its performance for the 2018 financial year.

Baroda’s Indian Parent Merges With Rival Banks

May 16, 2019//-The parent company of Kenya’s tier-two lender Bank of Baroda Kenya has merged with two other banks to become the second-largest public sector bank in India.

Making Access to Credit and Loan Repayment Available to Anyone, Anywhere

Kampala, Uganda, May 14, 2019/ — Over the past few years, there has been a proliferation of new fintech models, offering alternative financial solutions to the conventional set-ups, more so in the lending sub-sector in Africa.

Nominees for 2019 African Banker Awards Out; Ecobank, Others Jostle for Top Award

London, UK, May 13, 2019//-Nominees for the 2019 African Banker Awards have been announced.This year’s shortlist sees a number of new banks nominated across different categories, as well as behemoths from the industry. 

Abdoul Aziz Dia Joins UBA Group Board of Directors 

Lagos, Nigeria, May 09, 2019//-The United Bank for Africa (UBA) announced today that Abdoul-Aziz Dia will join the bank’s Board of Directors subject to the approval of the Central Bank of Nigeria.

Fintech Can Cut Costs of Remittances to Latin America

May 7, 2019//-For Latin Americans living abroad, sometimes sending money back home can be a complicated and costly ordeal. Most people rely on traditional banking methods and money transfer operators to send their remittances.

The Inevitably Of Further Banking Job Losses

Accra, Ghana, May 6, 2019//-With the consummation of three mergers and the impending issuance of bonds by the Ghana Amalgamated Trust to recapitalize five indigenous banks, the restructuring of the country’s universal banking industry is drawing to a close at last.

MD/CEO Of First Atlantic Bank Odun Odunfa Grabs Award

Accra, Ghana, May 6, 2019//-The 9th Ghana Entrepreneurs & Corporate Executives Awards 2019 held at the Mövenpick Ambassador Hotel, Accra on Saturday 4, May 2019, has exceptionally honoured the MD/CEO of First Atlantic Bank, Odun Odunfa.

TEF Forum 2019: Presidents of Rwanda and Senegal to Join Over 5,000 African Entrepreneurs

Abuja, Nigeria, May 5, 2019//-The Tony Elumelu Foundation (TEF), Africa’s foremost champion of entrepreneurship, will host its 5th Annual Forum — the largest annual gathering of African entrepreneurs – on July 26 – 27, 2019.

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