Latest News for: African financier

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Allow national switches to integrate into Pan African payments – Bawumia

Ghana Web 28 Jul 2021
If you look at the strategy and the mode that we are observing in the implementation of the Pan African Payment and Settlements System, we are seeing that individual financial institutions are being asked to connect to the system.
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Current structure of AfCFTA payment platform can delay process – Bawumia

Ghana Web 28 Jul 2021
Mahamudu Bawumia, has said the current system adopted by the Pan African Payment and Settlement System (PAPSS) – wherein individual financial institutions are told to integrate directly into it – is inefficient and likely to impede trade ... institutions onto the pan African systems.
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Merrill Studies Reveal Challenges Diverse Communities Overcome to Achieve Success and Grow their Wealth

The Marshall News Messenger 28 Jul 2021
Merrill Lynch Wealth Management published today three studies examining the affluent Black/African American, LGBTQ+ and Hispanic/Latino communities ... “Serving a diverse client base requires a deep understanding of people’s unique experiences and financial life paths,” said Andy Sieg, head of Merrill Lynch Wealth Management ... Black/African American.
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Digital currency is viable route to boost economic growth - Dr Bawumia

Ghana Web 28 Jul 2021
... Trade and Finance Conference (GITFiC) in Accra on Tuesday, Dr Bawumia said, Intra-African trade had created the need to establish a Single Central Payment platform on the African continent where financial system operators could carry out all cross-border payments smoothly.
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Digital currency way to go — Dr Bawumia

Graphic 28 Jul 2021
Earlier in his opening address, Dr Bawumia urged central banks to subject their payment systems to a more rigorous regulatory and legal framework and connect directly, national payment systems to the pan-African payment systems to bring all the financial institutions under a single system ... Financial sector role.
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Digital currency is the way to go in boosting economic growth – Dr Bawumia

Ghana Business News 28 Jul 2021
... Trade and Finance Conference (GITFiC) in Accra on Tuesday, Dr Bawumia said, Intra-African trade had created the need to establish a Single Central Payment platform on the African continent where financial system operators could carry out all cross-border payments smoothly.
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Harmonised trade policy key to implementing AfCFTA

Joy Online 28 Jul 2021
“Facilitating Trade and Trade-Finance for the AfCTA; The Role of the Financial Services Sector.” ... He said African exports performed poorly during the financial crisis, while imports declined faster during the same period, adding that the period 1999 to 2008 saw rapid growth of African trade among the regions.
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‘Harmonised trade policy key to implementing AfCFTA’

Ghana News Agency 28 Jul 2021
“Facilitating Trade and Trade-Finance for the AfCTA; The Role of the Financial Services Sector.” ... He said African exports performed poorly during the financial crisis, while imports declined faster during the same period, adding that the period 1999 to 2008 saw rapid growth of African trade among the regions.
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Cryptocurrency to boost economic growth - Bawumia

Ghana Web 28 Jul 2021
... Trade and Finance Conference (GITFiC) in Accra on Tuesday, Dr Bawumia said, Intra-African trade had created the need to establish a Single Central Payment platform on the African continent where financial system operators could carry out all cross-border payments smoothly.
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Five takeaways from EFInA’s 2020 financial inclusion survey

Business Day Online 28 Jul 2021
We can reach these targets much faster if we follow paths taken by other African countries that have seen rapid financial inclusion growth due to mobile money,” Immanuel cited ... Compared to its African peers, Nigeria has a fairly large banked population (45%) but also has the highest proportion of financially excluded adults at 36 percent.
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Sierra Leone’s high debt burden could hamper economic growth – says African Development Bank

Sierra Leone Telegraph 28 Jul 2021
Figures published by the African Development Bank, show that Sierra Leone’s economy has been seriously hurt by the COVID–19 pandemic, with real GDP estimated to contract by 2.7% in 2020 after growing by 5.4% in 2019 ... African Development Bank.
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How your unit trusts performed to the end of June

Independent online (SA) 28 Jul 2021
South African general, large-cap and industrial funds were down for the quarter, but one sector, financials, was up by 5.4% ... Resources funds were up by over 43.7% and financials by 31.4% ... South African high-equity multi-asset funds were almost flat for the quarter, averaging 1.4%.
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Save 30% on a subscription to BusinessLIVE this July

Business Day 28 Jul 2021
Starting at just R84 per month, you can get the best in South African political and business ...
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Government urged to invest in promoting reading in communities

Joy Online 28 Jul 2021
The Executive Director of CESRUD, Mr ... The expansion work was supported financially by the Amsterdam Bolgatanga Foundation, an NGO based in the Netherlands, and the Friends of African Village Libraries (FAVL), an American charity organization ... .
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“Between Hunger and the Virus”

Human Rights Watch 28 Jul 2021
To International Financial Institutions including the African Development Bank, the International Monetary Fund, and the World Bank ... The African Commission on Human and Peoples’ Rights had in March 2020 acknowledged that prevention and containment measures for Covid-19 have ...

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