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World Bank unit adopts portfolio approach after $100 billion reached
The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has reached a significant milestone, exceeding $100 billion in total guarantee issuance
OneUnited Bank Earns Spot on Inc.’s Best in Business List
OneUnited Bank has been recognized by Inc. magazine as one of the best in the financial services industry. The recognition is part of Inc.’s 2024
World Bank supports digital economy growth in Africa
The World Bank Group’s Board of Directors has approved a regional initiative designed to stimulate job creation in Benin, Liberia, and Sierra Leone. A key
African trade infrastructure improves since 2022 Standard Bank
African trade is experiencing a period of increased momentum, with improvements observed across infrastructure, business confidence, and macroeconomic stability. This is the first time since
Bidvest Revives Bank Sale After Failed Access Deal
Bidvest, a B2B services, trading, and distribution group, has relaunched the process to dispose of Bidvest Bank. The previous sale to Access Bank did not
European Investment Bank to Invest €3.1 Billion in Africa
The European Investment Bank (EIB) committed substantial funding to various projects across Africa in 2025, focusing on key economies and smaller states. A significant portion
Bank CEOs cite AI as hiring slows due to redeployment
A recent survey by EY indicates a prevailing sentiment among financial services CEOs regarding the impact of artificial intelligence (AI) on employment. The survey, encompassing
Kenya Penalizes GT Bank Over ASL Dispute Practices
A Kenyan regulator has ordered GT Bank to pay approximately $257,000 (KES 33,180,000) and refund ASL roughly $102,000 (KES 13,211,285) in improperly levied charges. The
World Bank Program Aims to Reach 18 Million African Youth
A $972 million initiative, backed by the World Bank’s International Development Association (IDA), has been launched to address youth unemployment in Eastern and Southern Africa.
Kenya Seeks World Bank Aid for Digital Health Initiatives
President William Ruto’s administration is collaborating with the World Bank to modernize Kenya’s health sector and reduce maternal deaths. This initiative follows discussions between Health