Tuesday, February 28, 2017
Finance

Finance

Looking for up-to-date Business and Financial News in Africa? Footprint2africa offers the most recent Business and financial news in Africa; Business and financial news Africa.  

Nigeria has an alternative to IMF Loan – Adeosun

Nigeria's finance minister, Kemi Adeosun has revealed that Nigeria has an alternative route to funding other than seeking a loan from the International Monetary Fund (IMF). "For us the IMF is really a lender of...
Banks

Ghana: Delta Capital increases financial services offering

Delta Capital Limited, an investment banking firm based in Accra is penetrating the financial market with financial solutions to individuals and corporate bodies. Delta capital, which has distinguished itself by offering bespoke financial solutions and...

WorldRemit sees huge growth in Remittances to Tanzania

Digital money transfer service hits 10,000 unique transactions per month Digital money transfer service WorldRemit has announced a record upsurge in digital money transfers to Tanzania. The company says the growth is the outcome of its...
economy inflation

Nigeria’s Inflation Rate Reaches 18.72 Per cent

From 18.55 per cent in December 2016, Nigeria's inflation rate reached 18.72 per cent in January 2017, the National Bureau of Statistics, NBS, has said. According to the Bureau, the Consumer Price Index, CPI, which...
Capital Market

Ghana: Stock recovers after minor slide

Trading on the Ghana Stock Exchange bounced back as transaction opened the third week of February (13 to 17) on a positive note with activities in 12 equities and volume traded was 1,125,376 shares...

Afreximbank, Ecobank Partner to Boost Private Sector Financing

The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint corporate objectives through the financing of private sector...

Togo’s Former Prime Minister to Succeed Nwanze at IFAD

Gilbert Fossoun Houngbo, former Prime Minister of Togo, has been appointed as the sixth President of the International Fund for Agricultural Development (IFAD), a specialized United Nations agency and international financial institution that invests...

20% of Naira in Circulation is Fake, says Ex CBN Official

Former Deputy Governor of Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia, on Monday dropped a bombshell when he stated before the National Assembly that about twenty per cent of the Naira currency being...
CBN

Nigeria: Financial Expert tasks CBN on Transparent Forex Management

A financial expert, Dr Samuel Nzekwe, has called on the Central bank of Nigeria (CBN) to ensure better transparency in the management of its foreign exchange rates. Nzekwe, a former President, Association of National Accountants...

Govt, DFID Launch £78m Water Finance Scheme in Tanzania

The Government of Tanzania and the UK Department for International Development (DFID) has launched a performance-based financing scheme in the water sector worth £78 million. “This scheme is one of the very few innovative programmes...