East Africa dominates 2018 African Banker Awards
Businessam StaffMay 22, 2018
Winners of the 2018 African Banker Awards have been announced with East African banks stealing the show. This is despite several
Egypt to hold international bid rounds for oil, gas exploration
Businessam StaffMay 22, 2018
Egypt will launch two international bid rounds for oil and gas exploration in 2018, the petroleum ministry said in a statement on
China to benefit from increased export of U.S. agricultural products
Businessam StaffMay 22, 2018
Increasing the export of U.S. agricultural products will improve China’s effective supply in its domestic market and broaden
Rising oil prices sustain Nigeria’s economic growth for the fourth quarter
Businessam StaffMay 21, 2018
Rising oil prices have contributed largely to Nigeria’s economy, which expanded for a fourth straight quarter in the first three
EU economies hit by collapse in investment, data reveals
Businessam StaffMay 18, 2018
Most European Union (EU) countries have been hit by a collapse in investment in past decade, Eurostat, the EU’s statistical agency,
US household debt hit all-time high of $13.2trn in Q1 2018
Businessam StaffMay 18, 2018
US household debt has set yet another record high as it reached $13.2 trillion in the first quarter of 2018, a $63 billion increase
AfDB approves $20m loan to boost lending to SMEs in Liberia
Businessam StaffMay 17, 2018
The African Development Bank has approved US$ 20 million loan facility to boost lending to small and medium-sized enterprises in
Equity blockchain fund targets 700 million unbanked African farmers
Temitayo AyetotoMay 16, 2018
Swarm, a private equity (PE) blockchain fund is aiming to provide financial opportunities to the estimated 700 million unbanked
Banks in Africa need leverage technology to adapt to regulatory changes, risk management, says SAS
Businessam StaffMay 15, 2018
As one of the most regulated industries in the world, banks are under pressure to not only comply with constantly changing regulations
World Bank pledges $8.8bn Nigeria investment
Joel EneogweMay 14, 2018
The World Bank has announced a pledge of $8.8 billion (N2.7 trillion) investment strategy to Nigeria for the 2019 fiscal year