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Banking & Finance

According to Mupita, the impact of the virus on international financial markets did not change the mobile network operator’s plans to sell part of its 79 per cent shareholding to local investors. (Image source: Ahmad Ardity/Pixabay)

MTN Group is considering selling part of its majority holding in its lucrative Nigerian arm despite the negative economic impact of COVID-19, according to Ralph Mupita, MTN Group financial officer

AFAWA is an implementing partner of the Women Entrepreneurship Finance (We-Fi) Initiative as well. (Image source: skyNext/Adobe Stock)

The African Development Bank (AfDB) has approved a Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent

The bank is poised to catalyse domestic production and job creation on a transformational scale. (Image source: stevepb/Pixabay)

The Bank of Industry (BOI), Nigeria’s oldest and  largest development financing institution, has raised US$1.11bn from the international capital market, with an aim to serve its customers better

The AfDB deploys funds to assist the African population with all essential goods, services and infrastructure. (Image source: Andrea/Flickr)

The African Development Bank (AfDB) has raised a US$3bn in a three-year bond to help alleviate the economic and social impact the COVID-19 pandemic will have on livelihoods and Africa’s economies

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