Banking & Finance

Africa’s startup ecosystem recorded the highest number of deals in 2020 despite the pandemic. AfricArena, an African tech ecosystem accelerator predicted in 2020 that venture...

The Bank of Ghana (BoG) has auctioned its own bills or short-term securities worth Ghs 5 million. The short-term security with a maturity period of...

Federal Reserve Governor Lael Brainard pressed the case for a digital dollar, saying Monday that a cryptocurrency backed by the central bank could provide a...

Fitch Ratings has revised upward our assessment for China’s bank operating environment (OE), to ‘bbb-’/Positive from ‘bb+’/Stable, reflecting progress on financial reforms to curb systemic...

The continued recovery in portfolio valuations for business development companies (BDCs), given the improving U.S. economic outlook and vaccine rollout, support their credit profiles, Fitch...

I&M Bank Kenya will receive a $50 million (Sh5.4 billion) long-term loan from the International Finance Corporation to boost its capital and expand its lending to...

Minister for Finance, Ken Ofori-Atta, has averred that the conversion of National Investment Bank (NIB) and the Agricultural Development Bank (ADB) into the Development Bank...

The last couple of days have been nothing short of nerve-racking for crypto enthusiasts around the world. Cryptocurrency traders have watched what began as a...

Bitcoin’s price tumbled Friday following an intensified call from Chinese authorities to crack down on mining and trading of the cryptocurrency. Chinese Vice Premier Liu...

First National Bank will host a virtual concert on Africa Day, May 25 2021, in celebration of African unity, diversity and talent. This concert will...