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Africa - Banking

 

Africa - Banking / 11-03-25 / Shelly Nxumalo

Tshabalala champions governance reforms to strengthen AfDB's development impact

"Governance is not a secondary concern - it is the foundation of everything we do. Under my leadership, we will ensure that every decision, every project, and every investment is guided by principles of accountability, efficiency, and effectiveness,"…

Africa - Banking / 07-03-25 / Jane Khumalo

Standard Bank grows women-focused programmes, launching in Ghana next

“We’ve disbursed over Ksh 36 billion through DADA in Kenya, supporting more than 1,000 women in their journey to homeownership. Over a third of our female clients there have moved beyond transactional banking, opening business accounts and securing…

Africa - Banking / 06-03-25 / Kwanele Sibanda

KCB Group and Bank of Kigali launch Pan-African Payment and Settlement System

"We want to play a bigger role in catalyzing trade and payments in Africa and beyond, leveraging our digital capabilities and regional footprint. Our entry into PAPSS aligns perfectly with our strategy of supporting economic growth in Kenya…

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

AfDB partners with Interpol to combat financial crime in Africa

"This partnership demonstrates our commitment to protecting development resources and ensuring they reach their intended beneficiaries. "As the world's most transparent financial institution for two consecutive editions [according to Publish…

Africa - Banking / 19-02-25 / Duty Editor

African ministers hold visa-free movement dialogue to propel regional integration

"We do it for its promise to transform Africa and to create prosperity. In fact, the goals of our new Ten‑Year Strategy (2024–2033) are designed around seizing Africa’s opportunities for a prosperous, inclusive, resilient, and integrated continent,”…

Africa - Banking / 19-02-25 / Duty Editor

AFC and CEXIM sign partnership to drive trade and infrastructure growth across Africa

"Strategic collaborations like this are key to accelerating Africa's industrialisation and with CEXIM's support, we are unlocking opportunities to build more resilient economies, mobilise capital at scale, and drive long-term prosperity across…

Africa - Banking / 11-02-25 / Shelly Nxumalo

AfDB's Climate Action Window channels $31m to boost climate resilience in four countries

"The Climate Action Window is catalyzing transformative solutions in Africa's most climate-vulnerable regions. From strengthening water security in Sierra Leone to advancing youth-led agribusiness in Djibouti and restoring biodiversity in Madagascar,…

Africa - Banking / 11-02-25 / Tommy Jackson

IFC invests in Lagos Free Zone to support industrial growth

"This investment reflects IFC's commitment to fostering inclusive economic growth and sustainable development in Nigeria. Lagos Free Zone is poised to become a transformative hub for industrial activity, driving job creation and enhancing Nigeria's…

Africa - Banking / 06-02-25 / Shelly Nxumalo

Afreximbank challenges Africa's miners to take bold steps to own the continent's resources

"While the global mining industry generated approximately US$1.7 trillion in revenue in 2023, Africa's share of this wealth remains disproportionately low. Our continent extracts the raw materials that power the world's industries, yet it is…

Africa - Banking / 31-01-25 / Tommy Jackson

AfDB partners with AXIAN Telecom to accelerate Africa's digital transformation

AXIAN Telecom CEO, Hassan Jaber said, "We are honoured to partner with an organisation that shares our vision of advancing Africa's digital economy. The funding from the African Development Bank not only underscores the immense digital potential…

Africa - Banking / 30-01-25 / Tau kaVodloza

Africa Energy Summit: Leaders commit to energy transformation with more than $50bn backing

"Our collective effort is to support you, heads of state and government, in developing and implementing clear, country-led national energy compacts to deliver on your visions for electricity in your respective countries," says Dr. Akinwumi A.…