Abidjan, Ivory Coast// – A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19.
Forex Analyst and Founder of Women in Forex Ghana, Gifty Annor-Sika has estimated the cost of underutilization of online forex trading market to be $200 million annually.
Accra, Ghana//– IFC and Ghana’s Securities and Exchange Commission (SEC) today announced a partnership to facilitate investments in projects that address climate and environmental issues through green bonds.
SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announced that with a total of nine crypto currencies, it is expanding its comprehensive offering into Decentralised Finance (DeFi).
Annual financial reports posted by commercial banks in the country, indicate that foreign-owned banks have made profits in excess of 185.5 percent in 2020 compared to that made by indigenous banks, a development banking consultant, Dr Richmond Atuahene, attributes to good corporate governance structures of the foreign banks.
Lagos, Nigeria//- In a sign of robust global investor interest in the continent, Africa Finance Corporation (AFC), a multilateral development financial institution dedicated to infrastructure financing in Africa, has successfully issued a Eurobond at its lowest yield to date.