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Nigeria Paying 108 W’Bank Loans Worth $14bn – Report

BANKING & FINANCE
According to statistics received from the World Bank's website, Nigeria is now repaying around $14.12 billion in World Bank loans. The number reflected the...

Naira Value Falls As FX Turnover Drops By 59%

[ MAIN ]
The Nigerian naira fell to N774 per US dollar on Monday after $165 million in foreign exchange (FX) transactions at the Nigerian Autonomous Foreign...

Adesina To Korean Investors: Africa Is The Leading Market Frontier With Huge Untapped Potential

[ MAIN ]
African Development Bank President Akinwumi Adesina has called on Korean investors to seize untapped investment opportunities in Africa, especially in the energy and agriculture...

Afreximbank Announces First Half 2023 Results Delivers Strong 1H Financials Performance

[ MAIN ]
 African Export-Import Bank ("Afreximbank" or the "Group") has released the consolidated financial statements of the Bank and its subsidiaries, for the half year ended...

AfDB Group, Korea Sign $28.6 Million In Grant Agreements To Support Africa’s Development

BANKING & FINANCE
The African Development Bank and the Government of Korea on Wednesday signed two agreements for financial support to boost Africa's development agenda. The...

Libya Flood: AfDB Group President Dr Akinwumi Adesina Sympathies With Victims

BANKING & FINANCE
On behalf of the African Development Bank Group , I extend our deepest sympathies to the communities impacted by Mediterranean storm Daniel in Libya....

AfDB Announces Inaugural USD Global Benchmark Sustainable Hybrid Capital Transaction

BANKING & FINANCE
The African Development Bank (AfDB) announces upcoming investor calls and meetings in New York, London and Paris, ahead of an inaugural USD Global Benchmark...

Smartcash PSB, Simba Pay Partner To Launch Inward International Remittance Service

[ MAIN ]
Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Networks Nigeria, has entered into partnership with Simba Pay Limited,  a subsidiary of MFS Africa...

Flutterwave, Kadavra BDC, Wema Bank Launch Swap

BANKING & FINANCE
Flutterwave, Africa's leading payments technology company has announced the launch of Swap, powered by Flutterwave, in partnership with Wema Bank and Kadavra BDC. Swap...

African Development Bank Group President, Akinwumi Adesina, Calls On Oxford MBA Graduating Class To Be C-Makers

BANKING & FINANCE
Graduating executive MBA students of Oxford University's Saïd Business School received wise counsel from African Development Bank President Dr Akinwumi Adesina on Friday. Delivering the business...

African Development Bank Announces Investor Calls For Inaugural USD Global Benchmark Sustainable Hybrid Capital Transaction

BANKING & FINANCE
The African Development Bank announces upcoming investor calls and meetings in New York, London and Paris, ahead of an inaugural USD Global Benchmark Sustainable...

Banking and Digitization: An Opportunity For Economic Growth In Africa

BANKING & FINANCE
Some of the biggest banks on the continent to digitize and utilize the latest technology. According to McKinsey, cash is still used in more...
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