Tuesday, March 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.  

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...

Tunisia’s Private Sector to Receive $300m Yearly from IFC

World Bank Group-member, International Finance Corporation (IFC) targets to provide $300 million each year to the private sector in Tunisia to increase its participation in the country’s economy. “Tunisia has tremendous potential, but the government...
E-zwich

Ghana: E-Zwich withdrawals surges by 182%

Withdrawals of cash with the E-Zwich card in 2016 increased by 182 per cent, Management of the Ghana Interbank Payments and Settlement System (GhIPSS) has announced. The cash withdrawals increased from GHS900,000 to GHS2.6 million...

Ghana’s Insurance Market Value to hit $600m by the 2018

Ghana's insurance market value will reach US$600 million in 2018, from US$400million in 2014, based on a projected annual growth rate of 8.5percent, the 2017 edition of the Oxford Business Group Report has shown. The...