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Browsing: Finance
Moody’s: Islamic Banking Industry Remains Underdeveloped In Africa
Despite having around 28 per cent of the world’s Muslim population, Africa’s Shariah compliant banking assets make up only around…
Septimus ‘Bob’ Blake resigns as president of Jamaica Bankers Association
The Jamaica Bankers Association (JBA) today announced the resignation of Septimus ‘Bob’ Blake as president of the association, with effect…
Why are British lender Metro Bank’s shares plunging?
Mid-sized British lender Metro Bank (MTRO.L) saw its shares plunge more than 25% on Thursday following reports it is trying to raise as much…
Natural resource-backed loans are a disaster for Africa, AfDB, IMF warn African countries
The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group urging countries in Africa…
The IMF managing director said international cooperation is weakening at a time the world needs it most, adding that the…
Turning The Tide: Kagiso Lerutla’s crusade for ethical finance in South Africa
In the heart of South Africa’s ongoing struggle with poor public fund management, a crisis that has cast a…
Workplace Romance Are An Increasingly Thorny Issue For Companies
It was an ignominious end to a stellar career for BP’s Bernard Looney. He joins the growing pile of chief…
Alternative investment funds and innovative opportunities for investors
Over the past few years, alternative investment funds (AIFs) have evolved as a popular investment vehicle. AIFs have become investor-friendly…
Foreign investors sell China shares at record pace in August
Foreign investors sold a record $12bn worth of Chinese stocks in August as piecemeal support measures from Beijing failed to…
Senegal to Receive €50m from Africa Finance Corporation to Boost Oil & Gas Industry.
Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, is partnering with the Government of Senegal…