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Nigerian banks boost African interest income growth
Business and Economy

Nigerian banks boost African interest income growth

Nigerian banks contributed significantly to the fastest growth among emerging markets during the first half of 2025, according to a recent report by Fitch. This

South African Banks Issue $322 Million Loss Buffer
Business and Economy

South African Banks Issue $322 Million Loss Buffer

South Africa’s largest banks have recently raised a significant amount of loss-absorbing debt as part of a new regulatory framework. This framework aims to ensure

Pictet Enters African Market as Foreign Banks Retreat
Business and Economy

Pictet Enters African Market as Foreign Banks Retreat

Banque Pictet & Cie, a Swiss private bank and financial services group, has established its first office in Africa. The firm received regulatory approval to

Standard Bank’s African Markets Conference Draws Attendees
Business and Economy

Standard Bank’s African Markets Conference Draws Attendees

Ecobank Nigeria has launched a new digital banking platform designed to assist business owners in Nigeria. The platform aims to reduce delays and operational inefficiencies

UK banks face risk over Africa’s renewable energy growth
Health/Eco News

UK banks face risk over Africa’s renewable energy growth

Weak climate targets from UK banks put them at risk of missing out on the “enormous opportunity” of Africa’s renewable energy revolution, financial experts have

African nations receive funding from development banks
Business and Economy

African nations receive funding from development banks

Capital flows to Africa have decreased significantly due to shifts in funding from Western nations and China. These changes are creating challenges for African governments

African Banks Expand Operations in Kenya
Business and Economy

African Banks Expand Operations in Kenya

East Africa is rapidly emerging as a new battleground for Africa’s banking heavyweights, with Kenya at the center of an intensifying expansion race reshaping the

GW Platt Recognizes Top Foreign Exchange Banks in Africa 2026
Business and Economy

GW Platt Recognizes Top Foreign Exchange Banks in Africa 2026

Ecobank has been recognized for its foreign exchange capabilities in Africa, leveraging digital platforms to streamline payments and provide liquidity solutions. The bank’s services are

Nigeria Banks Face 2026 Recapitalization Requirements
Business and Economy

Nigeria Banks Face 2026 Recapitalization Requirements

The Central Bank of Nigeria (CBN) implemented a new capital requirement for banks, prompting questions about the stability and financial health of the banking sector.