Nigeria: American Milost Positioned to Recapitalize Unity Bank

The US private equity firm Milost Global Inc., plans to inject up to $ 1 billion to recapitalize the Nigerian bank Unity Bank Plc.,...

Ghana’s GCB Recognized Best Bank in Africa for Compliance

Ghana's GCB Bank Limited has been recognized as the Best African Bank for Compliance by the Association of Certified Professionals in Compliance in Africa...

Ghana: the fall of the cedi worries the business community

Ghana's Cedi (GH ¢) has depreciated against the dollar and the pound sterling over the last two months. The dollar that traded against 4...

UBA Liberia strengthens its mobile banking offer

The Liberian subsidiary of pan-African bank United Bank for Africa (UBA) announced the launch of a brand new mobile banking application on Monday (April...

AfDB excludes Robert Ngong for corruption

Robert Akika Ngong was banned by the African Development Bank (AfDB) for a minimum of three years following an investigation by his Office of...

Joseph Eyok, new director general manager of Allianz Congo Assurances

Allianz Congo Insurance announces the appointment of Joseph EYOK as Chief Executive Officer. He replaces Cédric Viallet. This appointment is effective from September 4, 2018,...

Togo: the State delays the privatization of the UTB and accelerates that of the...

Announced in recent months by the government, the privatization process of the Togolese Banking Union (UTB) and the Togolese Bank of Commerce and Industry...

Diane Karusisi confirmed as head of Bank Of Kigali Group

Diane Karusisi, Managing Director of Bank of Kigali, has been confirmed as President of the BK Group, the holding company which oversees the activities...

CEMAC zone: the interoperability of electronic payments for March 31

The interoperability of electronic payments by telephone will be effective from 31 March 2019 in the Central African Economic and Monetary Community (CEAMC). One month...

Journalist Khashkoggi’s case: Trump’s threats plunge Riyadh Stock Exchange

Saudi Arabia announced on Sunday that it would react to any "threat" against it, as its stock market collapsed following US President Donald Trump's...

Establishment of a Sino-Arab Banking Association in Beijing

The eighth session of the Sino-Arab Cooperation Forum in Beijing recorded the creation of a Sino-Arab Banking Association which aims to channel financial assistance...

Banque Atlantique launches the first banking Chatbot of the UEMOA market

Banque Atlantique, a subsidiary of the Moroccan Central Bank Popular Group (BCP), launched on Wednesday (April 4th) in Abidjan, Côte d'Ivoire, the first banking...

Attijariwafa bank obtains Green Climate Fund accreditation

The Attijariwafa bank group has obtained the accreditation of the United Nations Green Climate Fund (GCF), as financial intermediary for the implementation of green...

South African banks, beyond the Limpopo River

By François Conradie, NKC African Economics.   During the two decades following the end of apartheid in 1994, South African banks, like other South African firms,...
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