Banking & Finance

JOHANNESBURG, Aug 13 – Standard Bank Group, Africa’s biggest bank by assets, reported a 10% increase in headline earnings for the six …

LAGOS, Aug 12 – Africa Finance Corporation (AFC) has raised CHF350 million (about $430 million) through a five-year digital bond, marking the …

JOHANNESBURG, Aug 11 – BRICS countries are discussing potential connections between their fast payment systems and central bank digital currencies as the …

DAR ES SALAAM, Aug 6 – Stanbic Bank Tanzania is increasing its focus on small businesses and retail banking after reporting stronger …

JOHANNESBURG, Aug 5 – Nedbank plans to use its planned acquisition of a 66% stake in Kenya’s NCBA to expand its presence …

CAIRO, August 3 – Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business through its wholly owned subsidiary, Emirates NBD …

NAIROBI, July 29 – Absa Bank Kenya says it automated 71% of its processes in 2025 after investing $31 million in technology, …

PRETORIA, July 28 – Standard Bank, Africa’s largest lender by assets, processed more than 8 billion yuan (approximately $1.2 billion) in cross-border …

JOHANNESBURG, July 27 – The Southern African Development Community (SADC) has expanded its regional payment infrastructure by introducing the Angolan kwanza as …

RABAT, July 27 – Bank of Africa and SACE, Italy’s export credit agency owned by the country’s Ministry of Economy and Finance, …