Renowned Nigerian entrepreneur and philanthropist Tony Elumelu has been conferred the 2025 Appeal of Conscience Award by the Appeal of Conscience Foundation (ACF), established by Rabbi Arthur Schneier.
Category: Banking & Finance
‘African Banks and Institutions Must Lead on Urbanisation Finance – Or Risk Being Sidelined’
Windhoek, Namibia// –African banks and institutional investors risk losing out to foreign investors unless they take the lead on urban development projects, Sepo Haihambo, a pan-African banker and former CEO of FNB Commercial Namibia, warned.
Ecobank Completes Divestment of Mozambique Subsidiary to FDH Bank Plc
Lome, Togo// – Ecobank Transnational Incorporated has completed the sale of its stake in Ecobank Mozambique S.A. to FDH Bank Plc, concluding the strategic transaction announced on August 5th, 2025.
UBA Strengthens Pan-African Growth Drive, Reaffirms Dividend Commitment, Resilience
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reaffirmed its commitment towards delivering sustainable long-term value to its shareholders and stakeholders, as it continues to reap the benefits of its robust investments in strong digital platforms and expanded scope over the past years.
US Government Shutdown Could Affect Markets Globally
The US is once again staring down the barrel of a government shutdown, and the implications for investors in America and abroad are significant, warns the CEO of one of the world’s largest independent financial advisory and asset management organisations.
Major Boost For SMEs and Local Enterprises In Tanzania
Abidjan, Ivory Coast// — The African Development Bank Group (www.AfDB.org) Board of Directors has approved a $10 million trade finance transaction guarantee facility for Exim Bank Tanzania Limited to unlock and de-risk trade deals.
Access Bank Ghana Appoints New Managing Director
Access Bank (Ghana) Plc has today announced the appointment of Ms Pearl Nkrumah as Managing Director, effective October 1, 2025. Her appointment has received approval from the Board of Directors and Bank of Ghana, in line with regulatory requirements. Ms Nkrumah will be the Bank’s first female Managing Director since it started operations in Ghana. […]
Policy Notes 2025 Launch: World Bank Advises Ghana On Concessional Financing
Accra, Ghana//-The World Bank Division Director for Ghana, Liberia and Sierra Leone, Robert Taliercio, has advised Ghana’s government to prioritise concessional external financing from International Development Association (IDA) and other institutions rather than relying heavily on expensive domestic borrowing to fund capital investments in the West African country, which is currently on a $3 billion […]
SanlamAllianz Re Appoints New CEO
Moka, Mauritius//– SanlamAllianz Re, the reinsurance arm of SanlamAllianz, today announced the appointment of Tobias Suek as its new Chief Executive Officer effective 15 October 2025, subject to regulatory approval.
Markets Record Highs Signal Clear and Present Danger and Opportunity
Global equities and credit markets are breaking all-time highs, creating what deVere Group CEO Nigel Green calls “a moment of extraordinary promise and elevated risk.”