Bank

Kenya Seeks KSh58 Billion World Bank Lifeline As Iran War And El Niño Threaten Economy

The Government of Kenya is seeking about $450 million (approximately KSh58 billion) in emergency financing to help cushion Kenyans from…

3 weeks ago

AERC–World Bank Visiting Scholars Programme 2026: Research Fellowship for African Economist

The African Economic Research Consortium (AERC) has opened applications for the AERC–World Bank Visiting Scholars Programme 2026, offering eligible researchers…

3 weeks ago

African Development Bank and Standard Bank launch R5.4 billion SME funding deal

South Africa's small and medium sized enterprises are set to benefit from a R5.4 billion financing package after the African…

4 weeks ago

AfDB Invests $332 Million in Standard Bank to Expand SME Financing in South Africa

The grant will help address barriers faced by women entrepreneurs by supporting the adoption of digital payment tools to build…

4 weeks ago

Africa is sitting on trillions it should use to finance its own growth, Nigeria’s central bank chief says

Speaking at the Emerging Markets Forum in Abuja on Wednesday, Cardoso said Africa should mobilise its vast pension assets,…

4 weeks ago

Nigerian-owned Caribbean bank takes Zambia to court in $40 million fight over failed bank investment

Bank of Nevis International (BONI) has filed for judicial review against the Bank of Zambia, the country’s finance minister…

4 weeks ago

Africa’s biggest bank warns South Africa against restricting migration, citing Brexit’s economic damage

Standard Bank Group CEO Sim Tshabalala made the remarks at the Kgalema Motlanthe Foundation Winter Seminar in Johannesburg, where…

1 month ago

Bank of Africa, Italy’s SACE Partner to Finance Projects Across Africa

Marrakech – Bank of Africa and SACE, the Italian export credit agency owned by Italy’s Ministry of Economy and Finance,…

1 month ago

What Big Bank Earnings Just Revealed About the Health of the U.S. Consumer

Key PointsOil prices are high, inflation is running hot, and Wall Street is tentatively watching consumers.Bank earnings from the industry…

1 month ago

World Bank backs South Africa’s $1.5 billion electricity market overhaul

The World Bank and the South African government signed a $1.5 billion Development Policy Loan on 21 July, formalising international…

1 month ago