John Hawkins, University of Canberra On some measures, China has already overtaken the United States as the world’s largest economy. But the US dollar retains a dominant role in the international financial system and trade.
Category: Banking & Finance
Tirus Mwithiga: CIB Kenya Is Building a Financial Bridge Between Egypt and East Africa ” 1- 2 “
Tirus Mwithiga in an Exclusive AfroNews Interview: CIB Kenya’s Strategy for the Next Chapter of East Africa’s Economy >> CIB Kenya CEO : The Egypt–East Africa Corridor Is Entering a New Growth Phase >> Tirus Mwithiga on the Investment Opportunities Reshaping East Africa >> Tirus Mwithiga: Infrastructure, Energy and Manufacturing Offer Major Opportunities for Egyptian Investors […]
Nigeria: Clea Launches Vendor Payments to Simplify International Supplier Payments
Lagos, Nigeria// – Clea, the stablecoin-powered cross-border payments platform helping African businesses trade globally, has launched Vendor Payments, a new capability that enables businesses to simplify payments to international suppliers, auction platforms and shipping companies directly through the platform.
UBA Ghana Pays Courtesy Call on Asantehene, Seeks Royal Blessing for New Leadership
Kumasi, Ashanti Region, Ghana//-The Managing Director and Chief Executive Officer of United Bank for Africa Ghana Ltd, Bernard Gyebi, together with the Executive Director, Daniel Sarpong, led a delegation of the Bank’s senior management on a courtesy call to His Majesty Otumfuo Osei Tutu II, the Asantehene, at the Manhyia Palace in Kumasi.
BoG Keeps e-Cedi Alive • Shifts Focus to Cross-border Payments
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has signalled that the country’s long-delayed e-Cedi project remains active, but said the central bank is taking a more cautious approach as it strengthens cybersecurity systems and explores the use of digital currencies for cross-border trade settlements.
Ghana: Court Quashes ORC’s Attempt to Wind Up, Liquidate Zeepay
The Commercial Division of an Accra High Court, presided over by Justice Samuel Faraday Johnson, has thrown out its own earlier orders to the Office of the Registrar General (ORC) to wind up Zeepay Ghana Limited for lack of jurisdiction.
Ghana: Mobile Money Transactions Hit GH¢492.9bn in June
Mobile money transactions reached 954 million, valued at GHS492.9 billion, in June 2026, far exceeding cheque payments, Bank of Ghana data have shown.
Letshego Ghana Delivers Strong H1 2026 Results
Accra, Ghana// – Letshego Ghana Savings and Loans PLC has announced a strong financial performance for the first half year (H1) ended 30 June 2026 during its “Facts Behind the Figures” engagement with the Ghana Stock Exchange.
Sustainably Growing a Brokerage: Why Infrastructure Dictates Brokerage Survival
In the retail brokerage industry, the growth playbook often revolves around pouring capital into aggressive marketing, offering eye-catching onboarding promos, and driving top-of-funnel client acquisition. However, in institutional finance, growth without a battle-tested operational foundation is an expensive house of cards.
Funds In Customer MoMo Wallet Protected Through Regulated Bank Trust Accounts- MMFL
Accra, Ghana//– The Chief Regulatory, Risk and Compliance Officer of MobileMoney Fintech LTD (MMFL), Godwin Kwami Tamakloe, has assured mobile money users that the physical cash backing their electronic money is held in regulated trust accounts with partner banks, and not by Dedicated Electronic Issuers or the Fintech companies themselves.