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Africa - Banking

 

Africa - Banking / 23-07-25 / Tommy Jackson

PalmPay named one of the world's 2025 Top 300 Fintech Companies

"Through cutting-edge technology, deep local distribution, and a customer-first mindset, we've built Nigeria's leading neobank. As we scale PalmPay to more emerging markets, including Tanzania and Bangladesh, our focus remains on closing financial…

Africa - Banking / 20-06-25 / Daniel Nkosi

AfDB strengthens partnership with civil society

"We are keen to strengthen our partnership with civil society organisations in Togo, encouraging open dialogue and promoting their full participation in the projects that we support," Zeneb Touré, Head of the AfDB's Civil Society and Community…

Africa - Banking / 06-06-25 / Shelly Nxumalo

AFC champions shift of $4T into Africa’s infrastructure transformation

"This report provides a practical roadmap for how Africa can channel its significant financial strength into the infrastructure needed to drive industrial transformation—from scaling electricity supply to revitalising rail and building up strategic…

Africa - Banking / 06-06-25 / Duty Editor

Ecobank Transnational Incorporated appoints Ayo Adepoju as Group Executive Director

"Ayo is a homegrown leader with global exposure and a compelling track record. His intellect, integrity, and impact-driven leadership have long been evident. His appointment to the Board is a testament to our belief in recognizing and elevating…

Africa - Banking / 21-05-25 / Kwanele Sibanda

Afreximbank reports strong performance for Q1 2025

"With solid profitability growth, a strengthened liquidity position, and a well-capitalised balance sheet, the Group is firmly positioned to continue playing a pivotal role in advancing the aspirations of Africa and the Caribbean for economic…

Africa - Banking / 07-05-25 / Shelly Nxumalo

AfDB's helping to spur Botswana's automotive revolution

"We've built a world-class operation that competes globally while creating opportunity locally. The support enables us to industrialise not just today's production lines, but tomorrow's innovations," says Darryn Hattingh, Delta's Director of…

Africa - Banking / 07-05-25 / Duty Editor

Afreximbank sees opportunities in cotton sector

"I hope that the discussions over these two days will yield concrete results for the industrialisation and local processing of cotton in partner countries. We will be able to report these results to WTO members at our next discussion on cotton,…

Africa - Banking / 09-04-25 / Shelly Nxumalo

AfDB President appoints Andrew Mitchell as Senior Advisor

"The Rt. Hon. Andrew Mitchell, former Minister of State for Development and Africa of the United Kingdom, has been a great supporter of Africa and the African Development Bank's work. He will advise and support me on a pro bono basis in our…

Africa - Banking / 02-04-25 / Kwanele Sibanda

Africa Energy Bank gains momentum with capital contributions

In a significant development for Africa's energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank, a milestone that represents 44% of the minimum required funding from African…

Africa - Banking / 27-03-25 / Kwanele Sibanda

Africa Energy Bank gears up for H1 2025 launch

Speaking at the Congo Energy & Investment Forum in Brazzaville, Dr. Omar Farouk Ibrahim, Secretary General of APPO, reaffirmed the launch timeframe and underscored the urgency of establishing the bank to address the continent's energy needs.

Africa - Banking / 26-03-25 / Shelly Nxumalo

Ecobank named Africa's Best Bank for Trade Finance in Global Finance Awards

"We are focussed on delivering a wide range of trade finance solutions and excellent trade services to our clients, leveraging the African Continental Free Trade Area's single market. This is exemplified by our innovative 'Ecobank Single Market…