Renowned business leader Sir Sam Jonah has warned about what he describes as a “deeply corrosive” crisis threatening Ghana’s insurance industry, citing growing political interference, unethical practices, and systemic distortions in the sector.
Category: Banking & Finance
MY ANNUAL LETTER: A Story of Hope – 3200 Opportunities for African Entrepreneurs
March 22, 2026 Dear friends, Today, I turn a year older. And each year on this day, I find myself reflecting on something far greater than myself.
Tony Elumelu Foundation to Announce 2026 Cohort of TEF Entrepreneurship Programme on March 22nd
Lagos, Nigeria// – The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, will announce the 12th cohort of the flagship TEF Entrepreneurship Programme on Sunday, March 22, 2026.
UBA, BII Sign Letter of Intent to Explore Trade Finance Collaboration Across Africa
London, United Kingdom// — United Bank for Africa (UK) Limited (“UBA UK”) (www.UBAUK.com) and British International Investment plc (BII), the UK’s development finance institution and impact investor, today announced that they have signed a letter of intent to develop trade finance collaboration opportunities.
Ghana: Insurance Must Go Beyond Life Products to Serve SMEs – MML’s Chief
Accra, Ghana// — The Chief Product and Services Officer of MobileMoney LTD (MML), Sylvia Otuo Acheampong, has called for broader insurance solutions tailored to the needs of small businesses, noting that most digital insurance products currently focus largely on life coverage.
Ghana Slashes Key Policy Rate to 14% Over Inflationary Pressures
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has cut the policy rate by 150 basis points to 14 per cent, the second consecutive time this year. In January, the committee reduced the policy rate from 18 per cent to 15.5 per cent.
Africa’s Largest Crypto Market Records $100 Billion in Transactions as Regulator Tightens Oversight
The digital financial landscape in Africa’s premier crypto hub has reached a historic inflection point as transaction values soared to an estimated $96 billion.
UBA Engages Business Students at GCTU to Mark International Women’s Day
Accra, Ghana//-UBA Ghana, in collaboration with the Business Students Association of Ghana Technology Communication University (GCTU), commemorated the 2026 International Women’s Day with an engaging forum for students.
Trump Beijing Trip Doubt Turns Diplomacy Into Market Risk
Trump mulling a delay to the Beijing summit with President Xi signals that diplomacy is increasingly transactional, and markets may experience sudden repricing events tied to political decisions rather than economic fundamentals.
Access Bank Calls for Stakeholders Collaboration to Boost Intra-African Trade
Lagos, Nigeria// — The Managing Director and Chief Executive Officer, Access Bank Plc (www.AccessBankPlc.com), Mr Roosevelt Ogbonna, has called for stronger collaboration among policymakers, financiers and businesses to accelerate trade within Africa and unlock the continent’s economic potential.