Category archives for: Banking & Finance

Ahead of TEF Forum 2019: UBA Unveils Marketing Platform for Entrepreneurs

Accra, Ghana, July 19, 2019//-As part of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum, entrepreneurs from Ghana and other African countries have been offered a marketing platform to exhibit their products for the benefit of the continent.

Access Bank Receives Global Sustainability Banking Award

July 19, 2019//-Access Bank has received its fourth consecutive Karlsruhe Outstanding Business Sustainability Achievement Award at an event in Germany.

Deutsche Bank Job Cuts Are Tip of the Iceberg for the Finance Industry

Arturo Bris, IMD Business School July 15, 2019//-Deutsche Bank caused a recent stir with the seemingly sudden announcement that it would cut 18,000 jobs – one fifth of its global staff.

Why Central Banks Need to Take Human Rights More Seriously

The Central Bank of Kenya has financial inclusion in its stewardship of the financial system. Shutterstock Danny Bradlow, University of Pretoria July 15, 2019//-Many central banks are rethinking their approach to the environmental and social impact of their operations.

How Giving Young People Basic Financial Skills Helps Them Find Jobs

Giving young people financial skills can lead to much better education and job outcomes. Shutterstock Leila Patel, University of Johannesburg; Lauren Graham, University of Johannesburg, and Zoheb Khan, University of Johannesburg July 15, 2019//-The picture in South Africa is a bleak one for the average 15 – 24 year old. Many have finished their schooling […]

GTBank Named Best Bank in Africa at Euromoney Awards

London, UK, July 12, 2019//-Foremost African financial institution Guaranty Trust Bank plc has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the London, UK.

NAM1 Charged with 4 Counts of Fraud and Doing Banking Business Without Licence

Accra, Ghana, July 12, 2019//-The Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah, aka NAM1, has been charged with two counts of abetment to defraud by false pretence and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions […]

The Eco and Ghana: West Africa’s single currency

July 10, 2019//-At the end of an ECOWAS summit in Abuja, Nigeria on June 29, 2019, 15 countries in West Africa, including Ghana, agreed to adopt a single currency next year called the Eco. Negotiations for a single currency in West Africa began about 30 years ago.

Bank of Kigali Selects Temenos to Power its Digital Transformation Strategy

Geneva, Switzerland, July 9, 2019/ — Bank of Kigali Plc has selected Temenos, the banking software company, to power its digital transformation journey in order to support its regional growth plans and realize its financial inclusion objectives.

UNDP Partners with Tony Elumelu Foundation to Empower 100,000 Young African Entrepreneurs

Niamey, Niger, July 6, 2019 – The United Nations Development Programme (UNDP), the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy committed to empowering entrepreneurs — to train, mentor and financially support 100,000 young entrepreneurs in Africa over 10 years towards the achievement of […]

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