CAIRO, April 2 – Vladimir Putin has proposed the creation of a joint grain and energy hub in Egypt, signaling a potential …
Sectors
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LAGOS, April 2 – Flutterwave Inc., Africa’s most valuable fintech unicorn, has secured a national microfinance banking license in Nigeria, marking a …
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LAGOS, April 2 – Nigeria’s banking sector has raised a total of ₦4.65 trillion ($3.36 billion) in fresh capital, marking the successful …
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NAIROBI, April 2 – Global oil markets surged on Thursday after Donald Trump signaled that the United States would continue its military …
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WINDHOEK, April 1 – Potentially recoverable oil resources at Namibia’s offshore Mopane field have increased sharply following recent appraisal drilling, with estimates …
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NAIROBI, April 1 – Kenya’s efforts to lower the cost of cooking gas have suffered a setback after negotiations with Saudi oil …
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Banking & Finance
African Banks Outpace Global Peers on Returns as Revenues Top $100 billion, McKinsey says
JOHANNESBURG, Mar 31 – African banks have surpassed the $100 billion revenue mark for the first time, with profitability significantly outperforming global …
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ACCRA, Mar 31 – Ghana has limited the sale of the Damang gold mine to companies fully owned by its citizens, as …
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JOHANNESBERG, Mar 31 – South Africa is considering a reduction in its fuel levy as rising global oil prices threaten to push …
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CASABLANCA, Mar 31 – Tanger Med Port, Africa’s largest container port, is preparing for a potential surge in vessel traffic as global …