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Africa - Banking

 

Africa - Banking / 23-10-24 / Shelly Nxumalo

Real estate defies expectations as sector demonstrates stability across Africa

"In accordance with global trends, we have seen a growing trend for companies to rent custom-built industrial space from professional developers. Property developers are also buying existing factory space from manufacturing companies and leasing…

Africa - Banking / 12-09-24 / Daniel Nkosi

Standard Bank invests US$22m in Prodigy Finance's PostGrad Programme

"A significant talent pool exists within Africa yet financial barriers often prevent this talent from pursuing tertiary degrees at prestigious international institutions. Standard Bank's partnership with Prodigy Finance will enable African students…

Africa - Banking / 11-09-24 / Daniel Nkosi

Africa sees rapid growth of Earned Wage Access, says Paymenow

“In the context of persistently high inflation, economic and political uncertainty, and rising interest rates, employees are under real pressure. EWA provides a lifeline that more and more employees are eager to take. Well-designed EWA platforms…

Africa - Banking / 17-04-24 / Kwanele Sibanda

Algeria signs Hosting Agreement for Intra-African Trade Fair 2025

“The Intra-African Trade Fair opens alternate routes for African trade. It has become the platform for actualising the AfCFTA vision. It expands and deepens knowledge of the continent's trading environment and enhances the industrial capacity…

Africa - Banking / 12-04-24 / Shelly Nxumalo

The Bahamas to host 2024 Afreximbank Annual Meetings and AfriCaribbean Trade and Investment Forum

“Afreximbank’s historic decision to hold the 31st Afreximbank Annual Meetings in The Bahamas will be the first time it has been held in the Caribbean. There is a hugely positive outlook for many African and CARICOM countries – as demonstrated…

Africa - Banking / 05-04-24 / Tommy Jackson

Afreximbank delivers exceptional 2023 financial results amidst challenging operating environment

"We will continue to maintain a cautious balance between profitability, liquidity, and safety to ensure a decent net interest margin and deliver profitable and sustainable growth and quality assets. We are delighted to report results well above…

Africa - Banking / 03-04-24 / Tommy Jackson

Novare to enter Angola, expand Nigerian business amid positive reforms

"It goes to show what positive changes can happen from an investment perspective when there is an improvement in government policy," says Derrick Roper, the division's Managing Director.

Africa - Banking / 28-03-24 / Shelly Nxumalo

Africa’s payment outlook 2024

"While there is optimism regarding the economic outlook of these nations in 2024, the key to success lies in effectively navigating and overcoming domestic infrastructural challenges. This necessitates a strategic shift towards the swift implementation…

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