DAR ES SALAAM, Mar 18 – Africa Finance Corporation has announced that the Bank of Tanzania has joined its shareholder base through …
Banking & Finance
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NAIROBI, Mar 18 – Equity Group Holdings reported a strong financial performance for 2025, with pretax profit rising sharply on the back …
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ADDIS ABABA, Mar 17 – Ethiopia’s banking sector expanded significantly in the fiscal year ending June 2025, recording its highest-ever profit alongside …
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LAGOS, Mar 13 – Nigeria’s Central Bank (CBN) has formally included artificial intelligence (AI) and machine learning in its anti-money laundering (AML) …
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JOHANNESBERG, Mar 12 – South Africa’s largest lender by assets, Standard Bank Group, reported 11% increase in annual headline earnings for the …
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NAIROBI, Mar 11 – KCB Group reported an 11% increase in its full-year 2025 pre-tax profit, supported by strong growth in interest …
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JOHANNESBERG, Mar 10 – South African lender Absa Group reported a 12.25 percent increase in full year earnings, supported by lower credit …
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PRETORIA, Mar 5 – The Bank of Namibia and the South African Reserve Bank have taken another step to strengthen financial cooperation, …
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Banking & Finance
South African lender Nedbank posts higher annual profit on lower impairment charges
JOHANNESBERG, Mar 3 – Nedbank Group reported a 2% increase in full-year headline earnings, as lower credit impairments helped offset modest revenue growth. …
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Banking & Finance
Nigeria’s Access Bank Terminates Bidvest Bank Deal After Regulatory Deadline Lapses
Access Holdings Plc has terminated its proposed acquisition of South Africa’s Bidvest Bank after key regulatory conditions were not met by the …