Bank

EIB defends climate ‘leadership’ after World Bank scraps financing target

The European Investment Bank has reaffirmed its commitment to climate finance “leadership” after the World Bank was accused of bowing…

2 months ago

World Bank drops climate funding target, raising fears for Africa

The bank's five-year Climate Change Action Plan expired on Tuesday. Last year it put 48 percent of its lending –…

2 months ago

Abay Bank lists on Ethiopian Securities Exchange

The shares of Abay Bank S.C. were listed on the Main Board of the Ethiopian Securities Exchange (ESX) on 25…

2 months ago

Absa Bank Kenya CEO Abdi Mohamed Resigns

Abdi Mohamed has resigned as Chief Executive Officer (CEO) of Absa Bank Kenya, just over three years after taking up…

2 months ago

China approves Standard Bank, ICBC as joint RMB clearing bank for Africa

China"s central bank said on Friday that it has authorized Standard Bank, Africa's largest lender, and the Industrial and Commercial…

2 months ago

Bank of China Approves a Yuan Clearing Hub Across 19 Africa Markets – BitKE

China has authorized Standard Bank Group Ltd. and Industrial and Commercial Bank of China (ICBC) to establish a Renminbi clearing…

2 months ago

China gives Standard Bank approval to clear yuan payment in 19 African countries

Africa’s largest lender, Standard Bank, has won approval by China to clear yuan payments across 19 African countries, in what…

2 months ago

Equity Bank Sweeps Global Diaspora Banking Awards at Pan-African Impact Gala

Equity Bank Uganda has strengthened its position as a leading force in diaspora banking and cross-border financial services after securing…

2 months ago

World Bank Warns of Stalling Recovery as Inflation Set to Climb Across Sub-Saharan Africa

Sub-Saharan Africa’s economic recovery is losing momentum, with the World Bank projecting growth will hold at 4.1 percent in 2026,…

2 months ago

6th Canada-Africa Business Conference Opens in Lagos, Headline Sponsored by Zenith Bank Plc

The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) today opens the 6th Canada-Africa Business Conference in Lagos, Nigeria, headline sponsored by Zenith…

2 months ago