Social media network, Twitter, is reported to have suspended and later released the accounts of many Nigerian influencers for allegedly supporting a campaign for the release of Venezuelan Diplomat, Alex Saab in a manner that goes against its policies.
The suspension of these accounts come after an investigation was launched...
The number of nations that committed to the Maya Declaration and the G-20 Financial Inclusion Action Plan, as well as strategies and targets set by individual governments, attest to the renewed interest in promoting financial inclusion in recent years.
The Centre for Financial Inclusion at Accion (CFI) defines full financial...
Across Africa the news that a former colonial power, the UK, is to take a more strategic, political, hard-nosed approach to the way it spends its overseas aid budget, has been greeted with a mixture of frustration and cynicism.
In announcing a merger between the Foreign Office (FCO) and the...
……acquires BNP Paribas in Guinea and Burkina Faso
Vista Bank Group (‘Vista’) has agreed with BNP Paribas to acquire BNP Paribas’ majority interest in the International Bank for industry in Guinea and the International Bank for Industry, Commerce and Agriculture in Burkina Faso.
The acquisition, whose completion is subject to regulatory...
The Economic Community of West African States (ECOWAS) has scheduled a virtual meeting of Heads of States of member countries to further discuss the coronavirus situation in the sub-region, tomorrow, April 23.
The ‘Extraordinary Session’ which be held via videoconference follows an earlier meeting involving the “ministers in charge of...
BOSTON – With US President-elect Joe Biden’s imminent inauguration and the rollout of COVID-19 vaccinations, there is growing optimism for an economic rebound in 2021. But such hopes are misplaced, and not only because the virus is likely to remain a problem for longer than people think. The real...
Zimbabwe has bought two Boeing 777 aircraft and an Embraer plane from Malaysia, the finance minister said on Wednesday, adding the planes would be leased to a new local airline until national carrier Air Zimbabwe returned to profitability.
Patrick Chinamasa said Harare had agreed with an unidentified Malaysian firm to...
Barclays Africa Group, South Africa’s No.2 lender by market value, reported a 4 percent rise in annual profit on Thursday, thanks to a substantial decline in impairments. Normalised diluted headline EPS, the primary measure of profit in South Africa that strips out one-off items, came in at 1,837.7 cents...
When COVID-19 broke out in Africa, two non-African billionaires were among the first to donate masks, PPE’s, and other resources to support the fight against the pandemic across the African continent. Whilst their generosity and magnanimous actions were celebrated by African leaders, the same left us reflecting on the...
Kenya’s central bank governor said on Tuesday the country’s interest rate cap was holding back the economy, but still forecast that growth would speed up to 6.2 per cent in 2018.
Patrick Njoroge told reporters in Nairobi that the forecast could go higher in the event of a supportive fiscal...