Category archives for: Banking & Finance

Banking Sector in Ghana: Odun Odunfa Presents First Atlantic Bank in Ghana

Interview with Odun Odunfa, Managing Director and CEO of First Atlantic Bank July 6, 2018//-What is your assessment of the banking sector in Ghana? What are the trends? How is the competitive environment? The banking sector is growing. It is very dynamic. It is becoming more product driven, especially electronic products. Many of us in […]

Ghana Cedi Tumbles on Global Pressures

July 4, 2018//-Ghana’s cedi currency hit a record low on Tuesday, due mainly to global pressures as investors continued to exit emerging market assets, analysts told Reuters.

Tony Elumelu Hosts French President in an Interactive Session with Over 2,000 African Entrepreneurs

Lagos, Nigeria, July 3, 2018// – While in Lagos this week, H.E. Emmanuel Macron, President of the French Republic will engage with over 2,000 Tony Elumelu Foundation (TEF) alumni, together with other significant members of the African entrepreneurial ecosystem, in an open forum, that will guarantee a free and frank exchange of ideas and opinions.

Africa Finance Corporation Appoints 3rd President & CEO

Lagos, Nigeria, July 3, 2018//-Africa Finance Corporation (AFC), the leading infrastructure development finance institution in Africa, has appointed Samaila D. Zubairu as the Corporation’s 3rd President & Chief Executive Officer, succeeding Andrew Alli who comes to the end of his tenor, having successfully served in the position since 2008.

Africa Prudential Plc Appoints New CEO  

Lagos, Nigeria, June 30, 2018// – Africa Prudential Plc (AFRIPRUD), West Africa’s leading registrar company, announced the appointment of Obong Idiong as the new Managing Director/CEO following the retirement of its Managing Director/CEO, Peter Ashade.

African Development Bank Ranked 4th Best Company to Work for in Africa

Abidjan, Ivory Coast, June 28, 2018/ — The 2018 Careers in Africa Employer of Choice Survey has ranked the African Development Bank the fourth best company to work with in Africa.

Lenders Warn Over Capacity Constraints in Africa But….

Abidjan, Ivory Coast, June 28, 2018/ — Global and African financial heads identified country risk as the biggest challenge to their ability to lend more to African countries.

Nigeria Unveils Guidelines on Cyber Security for Banks

Lagos, Nigeria, June 28, 2018// – The Nigeria Central Bank (CBN) has released a draft risk-based framework and guidelines on cyber security for deposit money banks and payment service providers (PSPs).

How Migrants Who Send Money Home Have Become a Global Economic Force

June 22, 2018//-More people are on the move around the world than ever before. An estimated 258 million people are currently living outside their country of origin.

Bank CEOs Pay Hits 50 Times What Staff Earn

June 21, 2018//-Chief executives of publicly traded banks are paid nearly 50 times what the median bank employee earns, the latest executive pay data shows, offering insight into the extent of wage inequalities in Kenya’s private sector.

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