Banking & Finance

JOHANNESBURG, July 23 – South African lender Absa Group Ltd. is nearing an agreement to consolidate its banking operations in Tanzania as …

LUANDA, July 22 – Banco de Fomento Angola (BFA) plans to become the first Angolan lender to join China’s Cross-Border Interbank Payment …

ABUJA, July 17 – The Central Bank of Nigeria (CBN) has introduced a new digital system that will track every dollar bought …

Addis-Ababa, July 16 – JPMorgan is expanding its corporate banking business across Europe, the Middle East and Africa (EMEA) as it looks …

NAIROBI, July 16 – Moniepoint has appointed former Branch Kenya Chief Executive Officer Rose Muturi to lead its operations in Kenya as …

NAIROBI, July 14 – Kenya’s High Court has ruled that Diamond Trust Bank (DTB) and Safaricom are both responsible for losses suffered …

PRETORIA, July 13 – Africa’s banking landscape is undergoing a significant transformation as Gulf financial institutions expand across the continent while several …

LAGOS, July 10 – A group of shareholders has asked the Central Bank of Nigeria (CBN) to review its proposed capital requirements …

RABAT, July 9 – Morocco’s financial system remained resilient in 2025 despite continued global uncertainty, according to the Systemic Risk Coordination and …

ABUJA, July 8 – Nigeria’s data centre industry is preparing for a major shift after the Central Bank of Nigeria directed banks, …