Kenya
Kenya: Moody’s Predicts Possibility of More Small Bank Mergers in Kenya
US-based global integrated risk assessment firm, Moody’s has predicted the possibility of more merges of small Kenyan banks which it says faces continued ...
Africa
Mozambique & Blue Forest Launch Africa’s Largest Mangrove Restoration Project
The project will be implemented in the biodiversity-sensitive provinces of Sofala and Zambezia, spread across 185,000 hectares of mangrove forests Up to 100 ...
Africa
Africa: Emerging Markets Rankings Show African Gains in Digital Readiness
Sub-Saharan countries embracing digital economy to boost competitiveness Leading African economies that have struggled to improve their infrastructure, business conditions and overall competitiveness ...
News
Nigeria: CBN Penalizes Zenith, FCMB, 11 Others for Not Having Enough Cash in Reserve
The Central Bank of Nigeria (CBN) has issued a punitive measure against 13 banks for not meeting up to the required 27.5 per cent Cash ...
News
Nigeria: Reps probe 45 million accounts without BVN, N1.2tn stuck in banks
The House of Representatives’ Ad Hoc Committee on Unclaimed Funds in the Nigerian Commercial Banks and Infractions by the Central Bank of Nigeria ...
News
Nigeria: SEC wants capital market to attract more Nigerians
The Securities and Exchange Commission has said it is committed to making the capital market attractive to all Nigerians. The Director-General, SEC, Mr ...
News
Nigeria: GTCO Completes Acquisition of One Funds Management
Guaranty Trust Holding Company Plc (GTCO Plc) has announced the completion of the acquisition of 100 per cent shares in Investment One Funds ...
Ghana
Ghana: Moody’s Downgrades Ghana, Bonds over Liquidity, Debt Challenges
The global rating agency, Moody’s Investors Service, has downgraded the Government of Ghana’s long-term issuer and senior unsecured debt ratings to Caa1 from ...
Kenya
Kenya: CA Welcomes Classification of Telecommunications Infrastructure
The Communications Authority of Kenya (CA) welcomes the announcement by the Cabinet Secretary for Interior and Coordination of National Government Fred Matiang’i on ...
News
Rwanda: DPO partners with Bank of Kigali
Africa-based digital payments company DPO Group has announced its partnership with Rwanda-based commercial Bank of Kigali to boost ecommerce. The partnership will allow the bank’s customers to ...
