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Africa’s first pan-African gold bank launched

The Central Bank of Egypt (CBE) and Afreximbank have joined forces to launch Africa’s first pan-African Gold Bank.imageThis historic initiative, formalised through a Memorandum of Understanding signed ...
ZAWYA

Bank One earns triple international recognition for Small and Medium Enterprises (SME), Private Banking and Custody excellence

Bank One earns triple international recognition for Small and Medium Enterprises (SME), Private Banking and Custody ...
Monitor

Uganda caps 2025 with annual inflation at 3.6%

Despite the slight rise in prices of goods and services, Uganda’s inflation remained far below the Central Bank policy target ...
The Independent

Crypto and fintechs eye Africa’s youth

Africa’s young users are drawing global fintech and crypto giants upstream, as platforms race to shape early financial habits ...
The Independent

Uganda pilots first state-owned Money Market Fund

The government-backed scheme aims to attract first-time investors who may be hesitant to trust private asset managers Kampala ...
ZAWYA

Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt

Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in ...
Black Enterprise

3 West African Countries Join Forces To Launch $895M Investment Bank

Mali, Burkina Faso, and Niger created the bank to finance infrastructure, energy, and agricultural projects. Three West African countries have joined forces to launch a regional investment bank with ...
frontpageafricaonline

UBA Group Sweeps 2025 Banker Awards, Named Africa’s Bank of the Year for Third Time in Five Years; Clinches ‘Best Bank’ in Nine of 20 African Subsidiaries

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its leadership as one of the continent’s most innovative and resilient financial institutions, as the bank has, for ...
The Nation Newspaper

UBA Group emerges ‘Africa’s Bank of the Year’

United Bank for Africa (UBA) Plc has reaffirmed its leadership as one of the continent’s most innovative and resilient financial institutions, after the bank, for the third time in five years, was ...
Wall Street Journal

South African Reserve Bank Lowers Main Repo Rate to 6.75%

JOHANNESBURG—The South African Reserve Bank cut its main repo rate to 6.75% on Thursday, on the back of expectations for inflation to tick lower amid higher growth. The decision restarts a cutting ...
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Moody's Upgrades African Bank's Deposit Ratings Following Methodology Update

07 Mar 2024 (Johannesburg Stock Exchange) African Bank Limited has experienced an upgrade in its long-term deposit ratings by Moody's Investors Service, following a methodology update. The ratings ...
Bloomberg L.P.

African Growth, Jobs Hinge on More Savings, Ecobank Boss Says

Africa needs to mobilize more domestic savings to invest in economic growth to meet the continent’s urgent need for jobs, said Ecobank Transnational Inc. Chief Executive Officer Jeremy Awori. “We have ...