The Chief Executive Officer and Managing Director of the First Atlantic Bank, Gabriel Edgal has advised project developers undertaking multimillion dollar projects in Ghana to tap into the expertise of local banks to enable them deliver the projects on time.
GCB Bank is set for another confrontation with the Union of Industry, Commerce and Finance Workers (UNICOF) over claims of interference by the management of the bank.
Orange and pan-African banking group Ecobank have rolled out a service that will enable Orange Money subscribers who also have bank accounts with Ecobank to transfer money between their respective accounts.
Rapid expansion of cross-border banking in Africa in recent years poses oversight challenges that, if unaddressed, may increase systemic risks, International Monetary Fund (IMF) staff said.
The Bank of Ghana has scheduled February 19 next month to auction government’s 3- year fixed rate bond to raise GHȻ630 million from the capital market to refinance government’s debts maturing in the first half of this year.
The Ghana Association of Savings and Loans Companies (GHASALC) has expressed concern about the restriction by the Bank of Ghana (BoG) for Savings and Loans Companies to transact check clearing services and foreign currency transfer.
The African Development Bank (AfDB) and MasterCard, a technology company in the global payments industry announced a broad collaboration that aims to expand financial inclusion across the African continent. The collaboration seeks to develop solutions that drive inclusive growth in Africa by broadening access and usage of digital financial services. MasterCard brings proven expertise to […]
Gemalto, the world leader in digital security, announced the deployment of prepaid EMV banking cards to complement Vodacom’s m-pesa mobile wallet service in South Africa.
The Commercial Court of Abidjan ruled on Thursday the 15th of January that Dr Daniel Matjila a director of Ecobank Transnational Corporation (ETI) and Chief Executive Officer of Public Investment Corporation of South Africa (PIC)), along with PIC and ETI are jointly liable for defamation against Mr Thierry Tanoh, a former Group CEO of ETI.
The World Bank Group’s Global Economic Prospects (GEP) report says developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger U.S. economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets.
