Latest News for: Africa private bank


The African Development Bank explores the continent’s off-shore renewable energy potential

Business Ghana 01 Dec 2021
The Sustainable Energy Fund for Africa is a multi-donor special fund that aims to promote private sector investment in sustainable energy, in line with the Bank’s New Deal on Energy for Africa and Sustainable Development Goal 7, relating to universal energy access.

Centre for Strategic Defense studies and security governance initiative train students on Cybercrime

Ghana News Agency 01 Dec 2021
The 2021 CYBERX AFRICA Cybercrime Conference was hosted in Accra by CSDS AFRICA in collaboration with the Ministry of National Security, INTERPOL, the International Law Firm of Lex Mundus and Cencla and the Association of Private Investigators, Ghana with sponsorship by Bank of Ghana.

Congo Investigation a Chance to Fight Corruption

Human Rights Watch 01 Dec 2021
The documents, obtained by Mediapart and the Platform to Protect Whistleblowers in Africa, are from BGFIBank Group (Banque Gabonaise et Française Internationale), a private bank allegedly used to channel millions of dollars’ worth of public funds to Kabila’s family and associates.

ILEX Medical to Invest 10 million NIS ($3.2 million) in Kadimastem

Eagle-Tribune 29 Nov 2021
ILEX Medical serves major clients including the Israeli Ministry of Health, all four major Israeli HMOs (serving seven million members), medical research institutions, the Israeli Defense Forces Medical Corps, major public and private health organizations in South Africa and blood banks in Israel and South Africa.

45 years of rural banking: the impact and achievements

B & FT Online 29 Nov 2021
On July 9, 1976, the first rural bank was born at Agona Nyakrom, a farming community in the Central Region ... After these two rural banks, several others were licensed by the Bank of Ghana ... According to the World Bank and the Africa Development Bank (AFDB) access to finance is a key constraint to MSMEs growth in developing countries including Ghana.

African development banks need scale, urgently. Here's how it can be done

Beijing News 26 Nov 2021
In the World Bank's conceptualisation, billions of dollars of such concessional funding can be used to attract trillions of private investment by reducing the risk of projects aligned with the sustainable development goals to render them attractive to private investors ... Africa in fact has a lot of development banks.

Deutsche Bank Hires Former Bankers from HSBC and BNP Paribas

Finance Magnates 25 Nov 2021
The memo noted that Paul Sayers would lead the team as head of Deutsche Bank’s International Private Bank Africa, alongside three team members, starting December 1 this year ... However, the memo didn’t disclose the names of the other three members of Africa’s private banking business of the German financial services giant.

Nigerian banks best BRICS peers – Afrinvest

Business Day Online 25 Nov 2021
Other speakers include Samir Gadio, head Africa strategy, Standard Chartered Bank, Muda Yusuf, economist/CEO, Center for Promotion of Private Enterprise (CPPE), Fatumata Coker, chairman Afrinvest Securities Limited, and Ayodeji Ebo, head, retail investment, Chapel Hill Denham.

Adesuwa Okunbo Rhodes, changing the narrative for women, small businesses across Africa

Business Day Online 19 Nov 2021
Adesuwa Okunbo Rhodes is the Founder and Managing Partner of Aruwa Capital Management, one of the few women owned and led private equity funds in Africa investing into untapped investment opportunities in West Africa in the small to lower mid-market ... Having spent the last 11 years in investment banking and private equity at firms such as J.P.

Document leak shows Kabila family, associates looted DRC funds

Al Jazeera 19 Nov 2021
The largest leak of financial documents from Africa shows how a private bank in the Democratic Republic of Congo was used to channel at least $138 million of public funds to former President Joseph Kabila’s family and associates ... The banking transactions, emails and corporate records form a perfect handbook of how a kleptocracy works.”.

EIB study shows impact of COVID on banks

Business Ghana 18 Nov 2021
Africa’s banks are crucial for ensuring access to finance which is essential for private sector growth and climate action ... The European Investment Bank is committed to supporting transformational private and public investment across Africa in close cooperation with financial sector partners.

Malawi switches on 60-MW maiden solar plant

Renewables Now 18 Nov 2021
It was originally developed by JCM Power Corp, Matswani and InfraCo Africa, part of the Private Infrastructure Development Group (PIDG). The Dutch development bank, FMO, subsequently joined JCM Power and InfraCo Africa in investing in its construction.

Standard Bank takes top honours at the 2021 Global Wealth Awards

Business Day 17 Nov 2021
Standard Bank Wealth & Investment has much to celebrate now that Private Banker International, the leading ... The bank took the top honours in three categories.Global Private Bank — Africa,Best Next-Generation Offering, andOutstanding RM Training and Development Programme.