Kenya: Stanbic picks former NMG CEO Joseph Muganda as board chair
Stanbic Holdings PLC has picked former Nation Media Group (NMG) CEO Joseph Muganda tochair its board from January 1, 2024,…
Category: Business
Kenya: Saccos savings cross Sh1 trillion mark
Member deposits in savings and credit co-operative societies (Saccos) have crossed the Sh1trillion mark for the first time, defying the…
Ghana Stock Exchange gets ISO certifications
The Ghana Stock Exchange (GSE) has received two ISO certifications for theircommitment to best practices in information security and business…
Ghana: Banks wrote off ¢3.19bn as bad debt in October 2023
Banks wrote off ¢3.19 billion as bad debt in October 2023, a 9.5% growth year-on-year, the Domestic Banks Income Statement…
Nigeria: Abbey Mortgage Bank appoints new chairman
Abbey Mortgage Bank PLC announced the appointment of Samuel Oni as its new chairman,following the retirement of Kanu Ivi. According…
Telecom Egypt receives offers for network towers up to $250M
Three local and foreign companies are currently in competition to acquire the majority ofTelecom Egypt’s towers, in a deal estimated…
South African Airways & SunExpress To Expand Boeing 737 Deal
South African Airways (SAA) and SunExpress will expand their current partnership, whichwill see the Antalya-based airline provide more aircraft to…
Ghana: Our partnership with GCB yields first indigenous rubber factory –Narubiz MD
The Managing Director of Narubiz Rubber Processing Factory, Emmanuel Owusu hasrevealed that GCB Bank PLC’s strategic financing partnership with his…
Africa: UBA secures $175m AfDB loan
The United Bank for Africa says it has secured a $175m facility from the Africa Development Bank Group to boost…
TotalEnergies to invest $6 billion in Nigeria’s energyindustry
The company disclosed that its CEO, Patrick Pouyanne engaged in discussions with Nigerian President Bola Tinubu and formalized a cooperation…