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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 to US pressure by scrapping
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 – worth $51 billion – into
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 June and started trading at
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 the role on May 1,
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 Bank of China to jointly
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 network spanning 19 African countries,
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 financial analysts describe as major
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 three major accolades at the
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, the same pace recorded in
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 Bank Plc, bringing together senior