reaching a transaction value of US$1.26trn in 2022 The GSMA’s State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected, with registered accounts, transaction values and deployments exceeding industry predictions.  Mobile money services are growing faster than predicted around the globe,...
Group Financial Highlights The Board of Directors of Republic Bank (Ghana) PLC and its subsidiaries (‘the Group’) is delighted to report to our esteemed customers and the general investing public that, the Group has recorded impressive financial results albeit the global and local economic challenges as well as the impact...
The Development Bank Ghana (DBG) has received a seed fund of US$70million for its partial credit guarantee scheme, which will provide an additional layer of support for participating financial institutions (PFIs) to better manage risks associated with loan defaults. The World Bank Group contributed US$50million of the amount, with the...
The 30th Annual Meetings of African Export-Import Bank (Afreximbank) will take place in Accra from 18 to 21 June 2023. The event will mark the high point of the Bank’s year-long 30th anniversary celebrations, under the theme “Delivering the vision. Building prosperity for Africans”. The 30th Afreximbank Annual Meetings and 30th...
We are living in a world increasingly dominated by technology. The rise of digital technology continues unabated and is reinventing even banking and other sectors of the economy. We have entered a period of exceptional destruction that is transforming how business is conducted and challenging the very foundation of...
The first prosecution witness in the criminal case against the former Chief Executive Officer (CEO) and owner of the defunct Beige Bank, Mike Nyinaku, has alleged that the bank was turned into a ‘cash-cow’ for the accused, whereby customer funds were siphoned at his will. Julius Ayivor, a chartered accountant,...
proposes ₦2 per share dividend payout announces expansion plans Zenith Bank Plc, one of Africa’s leading financial institutions, recorded an impressive double-digit growth of 24 percent in gross earnings, its audited results for the year ending December 31, 2022, have shown. Despite facing ongoing challenges from the macroeconomic environment and...
In the first edition of the Mobile Money Accounting series published on Wednesday, November 24, 2021 and titled ‘The Evolution of Mobile Money’, we sought to establish the genesis and progression of mobile money; its journey to market dominance in Ghana, and how the system works in terms of...
Binance has joined the FIDO Alliance, a large association dedicated to the development of passwordless authentication standards. Integrating FIDO passkey technology will improve the speed and security of Binance users when logging into the platform. By joining the FIDO Alliance, Binance users can look forward to a streamlined and secure...
Declares 0.2 cents final dividend Total assets Rise by 21.6 percent, Close at US$23.6bn Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices. The 2022 financials, filed by the bank...

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