Ecobank Ghana limited was named the country’s the Best Bank for the Year 2012 at the Ghana Banking Awards organised Saturday night in Accra. At a well-attended ceremony themed ‘Promoting Ethics, Integrity and Compliance in the Financial Services Industry’, the bank was crowned the best bank among its peers by the Corporate Initiative Ghana, the…
Nigeria Sovereign Investment Authority (NSIA) – managers of the Sovereign Wealth Fund (SWF) – has disclosed that infrastructure and technology multinational, General Electric (GE) will contribute 15 percent in equity in its investment projects.
Ten years after its establishment, the Africa Peer Review Mechanism, has received acclaim for its contribution to sustainable growth and development in the continent. In remarks made at the opening of the APRM’s 10th anniversary Colloquium, Mr. Carlos Lopes, Executive Secretary of the UN Economic Commission for Africa described the APRM as a homegrown governance mechanism…
More than 1,000 bankers, politicians, regulators and investors meet in Paris on Tuesday and Wednesday for a conference of the Institute of International Finance (IIF), which lobbies on behalf of banks over regulatory, financial and economic issues.
The managing director of ARM Cement Pradeep Paunrana has for the first time bought additional shares in the Nairobi bourse-listed firm since he inherited an 18 per cent stake in 2011. Filings with the Capital Markets Authority (CMA) show that Paunrana’s stake increased to 18.2 per cent in March, pushing the worth of his direct stake to…
Morocco will launch automatic price adjustment for some basic goods in the next two weeks, its first step towards reforming subsidies, its general affairs minister told Reuters. « We will activate automatic price adjustment in the next two weeks – before Ramadan – for whole energy products and sugar, except cooking gas, » General Affairs and Governance…
The Nigerian authorities embarked on june 19th on their Eurobond roadshow in London which will continue in Germany and the US in coming days. While the government had announced in the recent past that the roadshow would take place this month, the key question was whether it would still go ahead after the correction in…
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