Africa
Seychelles: Banks in Seychelles Transitioning Foreign Currency Loans Away From Libor
The contracts of around 185 clients with foreign exchange loans in Seychelles will be amended as commercial banks transition from LIBOR, one of ...
Innovation
Kenya: Equity Ranked Among the World’s 1,000 Biggest Banks
Equity has once again been named among global giants in banking. The Kenyan lender has been ranked position 39 globally on return on ...
News
Nigeria: N11.79 Billion Fraud – Judge Warns Banks Against Snubbing Court Orders
Justice Toyin Oyekan-Abdullahi, of the Lagos State High Court sitting at Osborne, Ikoyi yesterday, warned bank executives of the consequences of snubbing court ...
Ghana
Ghana: ‘Banking Remains a Game Changer’ – Adesola Adeduntan
The Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries, the parent company of FBNBank Ghana, Dr Adesola Adeduntan, has stated ...
Innovation
South Africa: MUSTEK Partners ACRONIS, Expands Cyber Protection in SA
MUSTEK, one of South Africa’s largest assemblers and distributors of personal computers and complementary technology products, has announced a partnership with Acronis, a ...
News
Nigeria: SEC Canvasses Green Bonds Issuance in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has reiterated the need to facilitate the issuance of green bonds and sustainable investments in the country’s ...
Africa
Madagascar: Helios Towers acquires Airtel Africa’s infrastructure in Madagascar
Independent telecommunications infrastructure company Helios Towers, has announced the acquisition of Airtel Africa’s passive infrastructure company in Madagascar for $52 million, adding 490 ...
Kenya
Kenya: JICA kicks off 2nd cohort of the NINJA Accelerator in Kenya
The startups participating represent the fintech, manufacturing, agritech, entertainment and agriculture sectors The NINJA Accelerator Kenya powered by JICA, Double Feather Partners, Deloitte, Tohmatsu, and GrowthAfrica has kicked off the ...
Africa
GL Africa Energy enters CIRCA $400 million concessions agreement with the Government of Mozambique for 250MW LNG Power Plant
GL Africa Energy has finalised a concession agreement with the Government of Mozambique to finance and operate a 250MW LNG power plant in ...
News
Nigeria: NDIC calls for more customer enlightened on bank charges
The Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, NDIC, Hassan Bello, has said there is the need for bank customers to be ...