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IMF World Bank meetings highlight developing nations
Business and Economy

IMF World Bank meetings highlight developing nations

Global financial leaders are convening in Washington, D.C. this week for the International Monetary Fund (IMF) and World Bank Group Spring Meetings. The meetings are

World Bank Recognizes Ghana’s Fiscal Reforms in Africa
Business and Economy

World Bank Recognizes Ghana’s Fiscal Reforms in Africa

Ghana is recognized by the World Bank as one of a few African economies expected to see significant improvements in primary fiscal balances between 2024

World Bank unit adopts portfolio approach after $100 billion reached
Business and Economy

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
Business and Economy

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

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Business and Economy

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
Business and Economy

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
Business and Economy

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
Business and Economy

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 Discuss Workforce Plans Amid AI Adoption
Business and Economy

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
Business and Economy

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