The Board of Directors of the African Development Bank Group approved the proposal to take an initial stake of up to US$10million in the ‘Alliance for Green Infrastructure in Africa – Project Development’ (AGIA-PD) fund in Abidjan on 24 January 2024. Part of the Alliance for Green Infrastructure in Africa...
Africa’s global bank, United Bank for Africa (UBA) Plc, has reaffirmed its unwavering commitment to spearhead economic growth across the continent through targeted policies aimed at maximising the benefits derived from the mining and oil sectors. To this end, the bank is poised to collaborate with the Economic Community of...
By Ebenezer YALLEY Blue Ocean Strategy is defined as the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. It is about creating and capturing uncontested market space, thereby making the competition irrelevant. It is based on the view that market boundaries and...
Stanbic Bank Ghana in the quest to continually help customers make informed financial decisions and improve their overall financial well-being, has held a financial literacy seminar for Executive and Private clients dubbed Money Makeover Series. The two-day event took place at the SB Incubator, Silver Star Tower, Accra. The Money...
Financial literacy is a critical life skill that empowers individuals to make informed decisions about managing their money, planning for the future, and achieving financial goals. It encompasses a range of knowledge and skills, including budgeting, saving, investing, debt management, retirement planning, and understanding financial products and services. Financially...
The leading pan-African banking group, Ecobank, has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability and partnerships and its core capabilities in delivering positive social and environmental outcomes across Africa. Carl Manlan, Chief Operating...
Leading African fintech becomes the latest Participating Financial Institution (PFI) on tbDEX, unlocking liquidity for B2C and B2B cross-border payments across 40 African countries; explores new use cases leveraging decentralised identity. TBD, part of Block, which is focused on creating open and decentralised technologies to connect the financial world, announces...
Parliament has approved a loan facility of €101,760,002 to finance the design and construction of a drainage and ancillary sewage system in Nima, between Kawukudi to the Odaw River Basin in Accra. The amount is made up of a term loan facility agreement between the government of Ghana (represented by...
The European Investment Bank (EIB), the lending arm of the European Union, and the African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, are directing  €300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic. The funds will ensure businesses across...
The Western and Western North Regions Association of Rural and Community Banks have presented items, worth GH¢10, 000 to the Effia- Nkwanta Regional Hospital at Sekondi. The items include 40 packets of disposable gloves,40 gallons of chlorine solution, 40 gallon of liquid soap as well as 480 rolls of...