The Zambian government’s approval to change the mineral royalty tax regime is expected to strengthen the local currency Kwacha against the dollar, stated Zambian banks
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As private wealth increases across the continent, and consumer-driven industry growth outpaces non-African regions, so regulation of investible assets gains critical importance
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The Arab Bank for Economic Development in Africa (BADEA) has agreed to provide financial assistance to the West African Development Bank (BOAD) to the tune of US$20mn
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The biggest three banks in Botswana have recorded an overall rise in their non-interest incomes
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African bank Atlas Mara is in talks to invest US$22.5mn in Banque Populaire du Rwanda (BPR) and merge it with BRD Commercial Bank
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