Latest News for: African financier

Edit

Kena Health, has closed $2 million in seed extension funding

Independent online (SA) 03 Jun 2023
South Africa’s medical app, Kena Health, has closed $2 million in seed extension funding from NEXT176, the innovation subsidiary of African financial services giant Old Mutual, and a further $100 000 from US-based frontier market investor Tofino Capital ... South African suburbs.
Edit

Namibia: Financials Forum to Mobilise Resources for Development

All Africa 03 Jun 2023
Namibia's development financial institutions (DFIs) will help to mobilise resources for development initiatives in the Southern African Development Community (SADC) ....
Edit

AfDB appoints Richard Kwaku Ofori-Mante Acting Director of Agricultural Finance and Rural Development

Joy Online 02 Jun 2023
Ofori-Mante joined the Bank in 2010 as a Principal Financial Analyst ... Prior to joining the African Development Bank Group in 2010, Ofori-Mante was a Manager in the Financial Transactions Group of Deloitte Financial Advisory Services in Chicago, USA from 2004 to 2010 ... He is also a Chartered Financial Analyst (CFA).
Edit

Four practical steps to building the financial fitness of your small business

Independent online (SA) 02 Jun 2023
Furthermore, research published by the University of the Western Cape found that 70% to 80% of South African start-ups fail within their first five years of operation ... The list below includes some of the main financial hurdles that face South African entrepreneurs, accompanied by tips on how to overcome them.
Edit

Africa cements its status as a global leader in digital transformation as thousands flock to day ...

Business Ghana 02 Jun 2023
... digital at the heart of their development strategy.  GITEX Africa plays a major role to support this dynamic.  BNP Paribas has been promoting for years now the financial inclusion and the digitalisation of financial services in Morocco and other African territories.
Edit

Neighborhood developed by African Americans for African Americans honored during Preservation Month

Nashville Pride 02 Jun 2023
Leaders within Nashville’s African American communities noted this development as a sign of progress, calling it the “clean outskirts of the city.” They believed the private financial backing of the development showed how African Americans had “an appreciation for finer living ...
Edit

MICHAEL CARDO: Employment equity regulations make minorities second-class citizens

Business Day 02 Jun 2023
... in “financial and insurance activities” are enumerated at 0.8% and 0.7% respectively. If the targets for the financial services industry are strictly adhered to, it would seem only African males can be appointed or promoted to junior management positions over the next five years.
Edit

New federal proposal aims to stop racial bias in formulas used to value homes

The Paducah Sun 02 Jun 2023
In Indianapolis, one Black homeowner found the appraised value of her home jumped to $259,000 from $125,000, after she declined to disclose her race on her application and removed all family photos and African American art in the home. Because many financial institutions and ...
Edit

WAMI partners EMTECH Solutions to modernize fintech regulatory frameworks across West African Monetary Zone

Joy Online 01 Jun 2023
Olowofeso, Director General of the West African Monetary Institute (WAMI), emphasized the importance ... By working together, we could unlock new opportunities, improve access to financial services, and contribute to the overall growth and stability of the West African Monetary Zone.
Edit

UN agency calls for inclusive tax system to secure SDGs

China.dot.org 01 Jun 2023
... UNECA statement quoted Acting Executive Secretary Antonio Pedro during the meeting of the Second Specialized Technical Committee on Finance, Monetary Affairs, Economic Planning, and Integration of African Union whose Sub-Committee on Tax and Illicit Financial Flows is in session.
Edit

Africa urged to ditch US dollar and pursue currency independence

Cryptopolitan 01 Jun 2023
Ruto Proposes Pan-African Payments and Settlement System. Ruto’s vision centers around the Pan-African Payments and Settlement System (PAPSS), a financial initiative birthed in January 2022 by the African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat.
photo: European Community / Benson Ibeabuchi
Aerial view of the MTN communications headquarters at Falomo, Ikoyi Lagos, on 6 April 2023, Nigeria
Edit

Taming Illicit Financial Flows in Africa

This Day 01 Jun 2023
... in addressing financial crime, tax avoidance, money laundering ... The project aims to improve regional coordination of combating illicit financial flows and the oversight and accountability of public finances, for optimal revenue mobilisation and management in African countries.
Edit

Egypt intends to put it in China. What are Panda Bonds?

The Eastern Herald 01 Jun 2023
Financial market expert, Hanan Ramses, said in exclusive statements to Sky News Arabia Economy, “Due to the dollar crisis, and given that Egypt needs resources to finance its internal projects , it resorted to issuing Panda bonds denominated in Chinese Yuan, with the help ...
Edit

What are the “Panda” bonds that Egypt intends to offer at the beginning of the year?

The Eastern Herald 01 Jun 2023
Financial market expert, Hanan Ramses, said in exclusive statements to Sky News Arabia Economy, “Due to the dollar crisis, and given that Egypt needs resources to finance its internal projects , it resorted to issuing Panda bonds denominated in Chinese Yuan, with the help ...
Edit

Takatso-SAA deal: unveiling the global phenomenon of $1 acquisitions

Mail Guardian South Africa 01 Jun 2023
The acquisition of South African Airways (SAA) by the Takatso Consortium for R51 has sparked considerable debate and media criticism ... South African Airways has faced significant financial and operational challenges in recent years, leading to its business rescue and subsequent restructuring.

Most Viewed

Governor Ron DeSantis speaking with attendees at the 2021 Student Action Summit in Tampa, Florida
Creative Commons / Gage Skidmore https://creativecommons.org/licenses/by-sa/2.0/deed.en
On September 29, 2022, Ursula von der Leyen, President of the European Commission, travelled to Greece
European Community / Christophe Licoppe
×