November 20
South Africa: Four Suspects Arrested for Possession of 68 Suspected Stolen Bank Cards
SAPS
An intelligent driven operation that was conducted by Crime Intelligent, Witbank Tactical Response Team, Middleburg Flying Squad and and a Tracking company led to the arrest of… Read more »
Egypt: Egypt's Amenli Secures $2.3m Funding to Expand Insurance Access
Daba Finance
TLDR Read more »
Africa: AfDB Advocates Capital Market for Africa's Economic Progress
Ethiopian Herald
ADDIS ABABA- The African Development Bank (AfDB) has emphasized the critical role of establishing a capital market in fostering economic growth, particularly for capital-intensive… Read more »
Nigeria: CBN Warns Against Fraudulent SWIFT Fund Transfer Claims
Premium Times
The CBN clarified that the SWIFT documents provided as evidence are often unverifiable and not traceable on the SWIFT platform. Read more »
Nigeria: Nigeria's Oldest Banking Institution Becomes 'First Holdco' As Shareholders Endorse New Name
Premium Times
The change applies also to the subsidiaries within the group, FBN Holdings remarked. Read more »
Kenya: I&m Bank Posts Sh14.1 Billion Pre-Tax Profit in Q3, Reflecting 24 Percent Growth
Capital FM
I&M Bank has recorded a pre-tax profit of Ksh 14.1 billion in Q3 2024, marking a 24% growth compared to Ksh 11.4 billion in the same period last year. Read more »
Namibia: Six Records At Gala 2
Namibian
Six records were broken at the second Bank Windhoek Long Course Gala at the Olympia Pool over the weekend. Read more »
Zimbabwe: Idbz Targets Students Housing Countrywide
The Herald
The Infrastructure and Development Bank of Zimbabwe (IDBZ) is targeting to roll out additional accommodation facilities for students countrywide to create a good learning… Read more »
Ghana: Ghana's Forex Shake-Up - The Ripple Effects of CBG's License Suspension [analysis]
Ghanaian Times
Introduction Read more »
November 19
Nigeria: Mban Commends Federal Government for N250bn Mortgage Fund
This Day
The Mortgage Banking Association of Nigeria (MBAN), has commended the federal government, the Minister of Finance and Coordinating Minister for the Economy, Olawale Edun and the… Read more »
Zimbabwe: Central Banks Drive Gold Prices Higher
The Herald
Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group, which listed the metal among top commodity trades for 2025… Read more »
Nigeria: Zenith Bank Unveils Zenith Tech Fair 4.0
Vanguard
The Fourth Edition of the Zenith Bank Tech Fair, tagged "Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives - The Impact of AI", will hold this Thursday… Read more »
November 18
Nigeria: CBN Warns Against Fraudulent Contracts, Intervention Claims
Premium Times
"We wish to clarify that this is false. These individuals are solely motivated by the desire to defraud unsuspecting Nigerians. Any such assertions are fraudulent and should be… Read more »
Nigeria: At N1.38trn, 10 Banks Surpass 2023 Loans Provision On Weakening Economic Fundamentals
This Day
Kayode Tokede Read more »
Nigeria: Stanbic IBTC Seeks to Increased Agriculture Funding
This Day
Stanbic IBTC Bank, has reiterated its commitment to transforming the country's agricultural sector by enhancing access to finance, infrastructure, capacity building, and… Read more »
November 15
Sudan: Economist - 'New Central Bank of Sudan Measure Encourages Illegal Currency Trade'
Dabanga
Last week, the Central Bank of Sudan (CBoS) announced the issuance of a new banknote of SDG1,000 as part of its efforts to improve the security standards for banknotes and achieve… Read more »
Uganda: Uganda Launches Online Platform to Boost Local Marine Insurance
Independent (Kampala)
Uganda's insurance regulator, Insurance Regulatory Authority of Uganda (IRA), in partnership with the Uganda Revenue Authority (URA), has launched an integrated online platform… Read more »
November 14
Africa: Growth in Sub-Saharan Africa Is Diverging [analysis]
IMF
Stagnating incomes in sub-Saharan Africa's resource-intensive economies necessitate more effective fiscal management and broad-based structural reforms Read more »
Nigeria: CBN Board Didn't Recommend Naira Redesign to Buhari, Witness Tells Court in Emefiele's Trial
Premium Times
Mr Emefiele and Mr Buhari adamantly stuck to the Naira redesign policy despite the chaos, widespread disruption it caused weeks to the 2023 general elections and severe pains it… Read more »
Nigeria: Renewed Interest in UBA, Zenith Bank, 28 Others Lift Stock Market
This Day
The stock market segment of the Nigerian Exchange Limited (NGX) yesterday closed on a positive note with a gain of 0.16 per cent as investors renewed interest in United Bank for… Read more »
Uganda: Mangu Cash Lenders Threaten Deputy Speaker Tayebwa Over 'Stray' Loan
Nile Post
Deputy Speaker finds himself a subject of strange loan recovery caller who said he has been listed as a next of kin by a borrower he has no idea of Deputy Speaker of Parliament… Read more »
November 13
Kenya: Ruto Appoints Arita As New CBK Deputy Governor
Capital FM
President William Ruto has nominated Gerald Nyaoma Arita as the second Deputy Governor of the Central Bank of Kenya (CBK), succeeding Sheila M'mbijiwe, who retired in June. Read more »
Nigeria: High Interest Rates, Insecurity Lead to Business Constraints in Nigeria - CBN Survey
Premium Times
Additional constraints identified by the survey include multiple taxation, unreliable power supply, and an unfavourable economic climate. Read more »
Uganda: Banks Accused of Frustrating Grow Project
Nile Post
The state minister for gender in charge of youth affairs Balam Barugahara has expressed concern over complaints from women being asked to pay kick-backs to banks before accessing… Read more »
November 12
Cote d'Ivoire: Government of Côte d'Ivoire Collaborates With International Financial Institutions, Development Partners, and the Private Sector to Catalyze Climate Finance [document]
IMF
The Government of Côte d'Ivoire, announced today at COP29 in Baku a wide range of initiatives to catalyze climate financing in Côte d'Ivoire. Read more »
