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HomeBanking & Finance

Banking & Finance

Banking & Finance

Fitch Assigns I&M Group Plc Ratings Of A+ With Stable Outlook

December 21, 2023 African CEO Magazine Comments Off on Fitch Assigns I&M Group Plc Ratings Of A+ With Stable Outlook

Global credit rating agency Fitch Ratings has assigned I&M Group Plc (the Group) and its core banking subsidiary I&M Bank in Kenya (the Bank) National Long-Term Ratings of Read More

Banking & Finance

Tanzania GDP to grow about 5.5% in 2024 – finmin, Cenbank gov

December 19, 2023 African CEO Magazine Comments Off on Tanzania GDP to grow about 5.5% in 2024 – finmin, Cenbank gov

Tanzania’s economy is expected to grow by about 5.5% in 2024, up from about 5% in 2023, but it faces risks from external geopolitical factors, its finance Read More

Banking & Finance

Standard Bank And UAE-Based Bank Mashreq Facilitate Ground-Breaking Syndication Facility For DBSA

December 13, 2023 African CEO Magazine Comments Off on Standard Bank And UAE-Based Bank Mashreq Facilitate Ground-Breaking Syndication Facility For DBSA

Africa’s largest bank by assets, Standard Bank, has facilitated a first-of-its-kind syndication facility for the Development Bank of Southern Africa (DBSA) in the United Arab Read More

Banking & Finance

Ethiopia could become latest African country to default after missing bond payment

December 13, 2023 African CEO Magazine Comments Off on Ethiopia could become latest African country to default after missing bond payment

December 13th, 2023 By Harry ClynchImage : Zerophoto / Adobe Stock Ethiopia failed to pay a $33m bond coupon on Monday and looks set to Read More

Banking & Finance

M-KOPA Expands To Ghana, Unlocking $10m In Credit For Customers

December 5, 2023 African CEO Magazine Comments Off on M-KOPA Expands To Ghana, Unlocking $10m In Credit For Customers

By Victor MUJIDU M-KOPA, a leading African fintech platform, today announced the official launch of its flexible digital financing model in Ghana following a successful Read More

Banking & Finance

Sitoyo Lopokoiyit: M-Pesa CEO On Taking Mobile Money Platform To The Next Level

December 1, 2023 African CEO Magazine Comments Off on Sitoyo Lopokoiyit: M-Pesa CEO On Taking Mobile Money Platform To The Next Level

By Agencies Sitoyo Lopokoiyit has been the CEO of M-Pesa Africa since April 2021, overseeing the mobile money platform’s operations across eight markets on the Read More

Banking & Finance

Kenyan Inflation Dips To 6.8% Year-On-Year In November

December 1, 2023 African CEO Magazine Comments Off on Kenyan Inflation Dips To 6.8% Year-On-Year In November

By Steve UMIDHA Kenya’s inflation eased slightly to 6.8% year-on-year in November from 6.9% a month earlier, the statistics office said on Thursday. On a Read More

Banking & Finance

Relationship Banking Crucial In The Digital Age

November 29, 2023 African CEO Magazine Comments Off on Relationship Banking Crucial In The Digital Age

There is no doubt that technology has transformed all aspects of our personal and business lives. The financial sector is one such area that has Read More

Banking & Finance

FCMB Group reports 108% YoY growth in profit before tax

November 28, 2023 African CEO Magazine Comments Off on FCMB Group reports 108% YoY growth in profit before tax

FCMB Group Plc (NGX: FCMB) today announced a 108% Year-on-Year (YoY) growth in profit before tax (PBT) to N55.1 billion for the nine months ended Read More

Banking & Finance

Flutterwave Surmounts Legal Obstruction To Boost Its Offering In Kenya

November 16, 2023 African CEO Magazine Comments Off on Flutterwave Surmounts Legal Obstruction To Boost Its Offering In Kenya

The removal of legal challenges leaves the continent’s most valuable fintech startup free to pursue growth in East Africa’s top digital money market – – Read More

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