Category archives for: Finance

South Africa’s Mass Transit Sector Secures $10m and $97m AfDB Loans

Abidjan, Ivory Coast, October 22, 2018/ — The African Development Bank (AfDB)  has approved over US$100 million in loans to SA Taxi Development Finance Limited, a wholly owned subsidiary of SA Taxi Finance Holdings Proprietary Limited, a vertically integrated business platform that provides a comprehensive financial and allied services offering to minibus taxi operators. 

Ghanaian Banks Scramble to Beat Looming Minimum Capital Requirement Deadline

October 22, 2018//-After the failure of a couple of banks recently, the public is on edge. That is, even as the Bank of Ghana (BoG), the central bank, has provided assurances that depositors’ funds are safe.

South Africa: Banks in Rude Health Despite Ailing Economy

October 21, 2018//-Although South Africa’s economy is going through a rough patch, the country’s banking and finance industry is enjoying rude health.

Africa’s banks Should Embrace Fintech

October 21, 2018//-Sunil Kaushal, CEO of Africa & Middle East at Standard Chartered Bank outlines how the rules of the game are changing in Africa’s banking sector. 

Multilateral Dev’t Banks Mobilised $160 Billion in Private Investment

October 20, 2018//-Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs) has mobilised more than $160 billion in private investment last year, according to the latest Mobilization of Private Finance by Multilateral Development Banks and Development Finance Institutions 2017  report.

Global Coin Community Help Swindles Popular Ghanaian Actress

Accra, Ghana, October 18, 2018//-People who are transacting businesses with Global Coin Community Help, a community of like-minded people all over the world who help each other, have been advised to put a stop to it.

How Stanbic Bank and ICBC Collaboration Seeks to Attract Chinese Tourists to Ghana

Accra, Ghana, October 15, 2018//-Stanbic Bank Ghana and the Industrial Commercial Bank of China (ICBC) today launched an innovative programme dubbed ‘‘I Go Ghana’ which seeks to attract Chinese tourists to the West African country.

West African Banks Are Feeling the Squeeze

October 15, 2018//-Banks in West Africa have been in the news for the wrong reasons lately.

Multilateral Banks Reaffirm Pledge to Support Tech-driven Sustainable Infrastructure

October 13, 2018//-The heads of the leading multilateral development banks (MDBs) meeting at the 2018 Global Infrastructure Forum (GI Forum) today reaffirmed their commitment to work together to deliver inclusive, resilient, and sustainable technology-driven infrastructure.  

UBA Ghana Launches Fifth Edition of National Essay Competition for SHS Students 

Accra, Ghana, October 12, 2018//-The United Bank for Africa (UBA) Ghana has launched the fifth edition of its National Essay Competition aimed at funding Senior High School (SHS) students in any University in Africa.

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