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

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 Development Bank and Standard Bank

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

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 verifiable credit histories and providing

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

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, insurance funds, domestic savings and

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

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 and attorney general, claiming regulators

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

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 political and business leaders discussed

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

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, signed a cooperation agreement in

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

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

Key Points Oil prices are high, inflation is running hot, and Wall Street is tentatively watching consumers. Bank earnings from the industry giants are in,

World Bank backs South Africa's $1.5 billion electricity market overhaul
Business and Economy

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 support for the country’s shift

Business and Economy

Euromoney names Zenith Africa’s best bank, Nigeria’s top lender – Businessday NG

Zenith Bank Plc has secured dual honors as Africa’s Best Bank and Nigeria’s Best Bank at the recent Euromoney Awards for Excellence, cementing its position

Standard Bank Connects Malawian Entrepreneurs to New African Markets
Business and Economy

Standard Bank Connects Malawian Entrepreneurs to New African Markets

Hiwa, MD of Infracon Limited BLANTYRE, Malawi — Standard Bank plc has connected three Malawian entrepreneurs to new business and investment opportunities after facilitating their