Africa: UBA Is Diversifying & Operating On One High Standard in 19 Countries - CEO

The United Bank for Africa Plc (UBA), one of the continent's oldest and largest financial institutions, is headquartered in Nigeria with operations in 18 other African countries… Read more »

Kenya: How to Follow Hague Trial

Excerpted from an announcement of the International Criminal Court: Read more »

Nigeria: How Diamond Bank Managed Turnaround & Expansion - CEO

When Alex Otti was appointed Group Managing Director/CEO of Diamond Bank in March 2011, he had spent more than two decades in the Nigerian banking sector, most recently as a senior… Read more »

Africa: Pulling Nigeria and Africa Towards Prosperity and Power - Moghalu

In his latest book, Emerging Africa: How the Global Economy's 'Last Frontier' Can Prosper and Matter, Kingsley Chiedu Moghalu declines to echo the breathless prose of… Read more »

Africa: Prestigious Publication Backs Okonjo-Iweala for World Bank

The reputable London-based weekly, The Economist, has backed the candidacy of Nigeria's Ngozi Okonjo-Iweala as president of the World Bank and seriously questioned the suitability… Read more »

Nigeria: Call to Appoint Finance Minister to Head World Bank

President Barack Obama should nominate Nigerian finance minister Dr. Ngozi Okonjo-Iweala as next president of the World Bank, writes Harold E. Doley, Jr., a former United States… Read more »

Africa: Empower Women to Realize the African Dream

It is hard not to be inspired by the widely-recognized economic growth story of Africa: more than a decade of robust growth for a region that has become a credible destination for… Read more »

Africa: Angola and 16 Other African Missions Facing U.S. Bank Account Closures

The Angolan Embassy here canceled tonight's celebration planned to mark the country's 35th independence anniversary, following a decision by Bank of America to close the embassy's… Read more »

Zimbabwe: Nation Needs Debt Relief to Recover, Says IMF

Zimbabwe is in a state of "debt distress" and is preparing a request for debt relief under the Heavily Indebted Poor Countries (HIPC) initiative established by international… Read more »

Africa: High-Level Forum Focuses on Building Capacity for Development

A high-level forum in Tunis this week focused attention on finding innovative solutions to the challenge of building the capacity to develop post-conflict societies. Read more »

Africa: Civil Society Must Hold Govt Accountable, Says IMF Chief

Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), this week made his third trip to Africa in a year, visiting Kenya, South Africa and Zambia… Read more »

Africa: Unveiling the Diversity of Chinese Finance in Africa

China increasingly is playing a crucial role in African economies. Two-way trade between China and Africa exceeded U.S. $106 billion in 2008 and Beijing is the leading trading… Read more »

Botswana: Development Bank Lends Nation U.S. $1.5 Billion

In a decision reflecting the consequences of the global economic crisis for Africa, the African Development Bank has granted Botswana the largest-ever assistance package of its… Read more »

Africa: Global Crisis Cuts Trade, Undermines Gains

The global financial crisis will overshadow this year's annual meetings of the African Development Bank (AfDB), which begin Sunday in Dakar, Senegal. Read more »

Africa: G20 Leaders Promise Billions for Low-Income Nations

The leaders of the world's 20 biggest economies, recognizing that the global financial crisis has "a disproportionate impact" on vulnerable people in poor countries, have promised… Read more »

Kenya: Mobile Phones Become Bank Branches

Safaricom’s M-Pesa was launched in Kenya just over a year ago as a mobile money transfer service. Now the service has more than three million customers and has virtually… Read more »

South Africa: Central Bank Bows to Global Pressure

Bowing to the "uncertain and volatile" world economic climate, South Africa's central bank today resisted pressure to increase interest rates to bring down inflation. Read more »

West Africa: Central Bank in Stalemate as Politics, Tradition Clash

A rift between heads of state of the eight-nation West African Economic and Monetary Union (WAEMU) has left the bloc's central bank, BCEAO, with an interim governor for over two… Read more »

South Africa: Chinese to Invest R36.7 Billion In Local Bank

In a huge deal for South Africa and the continent, one of China's major banks is to buy a one-fifth share of Africa's largest bank. Read more »

Africa: Aid Critical To Ensuring Benefits From Trade

While developing and industrialized countries continue to wrestle in the Doha Round of negotiations to reach a new international trade agreement, there is increasing recognition… Read more »

South Africa: Central Bank Again Hikes Interest Rates

South Africa's central bank has again increased interest rates in its fight against inflation. Read more »

Zimbabwe: Central Bank Pleaded With Govt to Avoid Collapse - Report

Zimbabwe's central bank governor, Gideon Gono, has spent more than three years trying to persuade the government to change course and avoid economic collapse, the Mail and… Read more »

Nigeria: Ex-Im Bank Again Denies Approving Financing for Police Fund

The Export-Import Bank of the United States (Ex-Im Bank) has responded to Nigerian press reports by reiterating that it has not at the present time authorized any financing for the… Read more »

South Africa: Central Bank Pushes Up Interest Rates

South Africa's central bank today increased interest rates for the first time in six months in an attempt to curb inflation. Read more »

Nigeria: Ex-Im Bank Denies Approving Loan for Police Fund

The Export-Import Bank of the United States (Ex-Im Bank) has disputed a recent report that it has granted a loan to Nigeria's Presidential Committee on Police Equipment Fund. Read more »