Category archives for: Banking & Finance

Ghana EXIM Bank to Create 100,000 Jobs Within Three Years

Accra, Ghana, November 15, 2018//-The Ghana Export-Import (GEXIM) Bank, government’s principal export finance institution in the country has unveiled its three year strategic aimed at revamping the  private sector, by using an inclusive approach for the creation of 100,000 sustainable jobs in the country.

Ghana: Gov’t Takes Steps to Pay the Remaining DKM Customers

Accra, Ghana, November 15, 2018//-Government has also taken steps to settle almost all claims of DKM customers who lost their millions of savings in the collapse of the microfinance institution in 2016.

Emerging Capital Partners Raises $640 Million for Expansion

Washington, DC, USA, November 15, 2018 — Pan-African private equity investor Emerging Capital Partners (ECP) announced the final close of its fourth Pan-African fund, ECP Africa Fund IV (AFIV).

EFG Hermes Posts Impressive Financial Results

Cairo, Egypt, November 15, 2018// — EFG Hermes, a leading financial services corporation in Frontier Emerging Markets (FEM), reported today its results for the third quarter of 2018.

After Destroying NIB and ADB: Gov’t Seeks Protection from Parliament

Accra, Ghana, November 13, 2018//- After destroying  the National Investment Bank (NIB) and the Agricultural Development Bank (ADB), the government is seeking a legal protection from the House of Parliament.

Ecobank Partners with Red Cross and Red Crescent Societies to Strengthen Local Communities

Nairobi, Kenya, November 12, 2018//-Ecobank and the International Federation of Red Cross and Red Crescent Societies (IFRC) have signed an agreement to work closely together to empower local communities to cope with disasters more efficiently.

UBA’s Regional CEO of West Africa 1 Wins Exemplary Leadership in Banking Award

Accra, Ghana, November 12, 2018//-Mrs Abiola Bawuah, the United Bank for Africa’s (UBA’s) Regional Chief Executive Officer (CEO) of West Africa 1 responsible for Ghana, Benin, Burkina Faso, Cote d’Ivoire, Liberia and Sierra Leone, has won the prestigious Exemplary Leadership in Banking Award 2018 at the second Ghana Accountancy & Finance Awards.

Arab Bank Acquires Stake in Eastern and Southern African Bank

Johannesburg, South Africa, November 10, 2018/ — The Arab Bank for Economic Development in Africa (BADEA) has acquired an equity stake in the Eastern and Southern African Trade and Development Bank, formerly known as PTA.

BoG: Global Coin Community Help, 5 Others Are Operating Illegally; Stop Doing Business with Them

Accra, Ghana, November 8, 2018//-The Bank of Ghana (BoG) today warned the general public that six financial entities operating in the country have not been granted licence to carry out deposit taking activities in Ghana.

Isaac Adongo Writes: Prosecute Ken Ofori Atta, Dr Ernest K.Y. Addison and Rev. Ogbamey Tetteh

Accra, Ghana, November 8, 2018//-I wish to call on the Economic and Organized Crime Office (EOCO) to investigate and prosecute Hon Ken Ofori Atta, Minister of Finance, Dr. E. Y. Addison, Governor of Bank of Ghana and Rev. Ogbamey Tetteh, Director General of the Securities and Exchange Commission (SEC) for their various and joint roles […]

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