Bank of Africa Niger reported a 92% drop in net profit for 2025, according to a statement from its board dated 20 February 2026. The bank said the decline reflects pressure across Niger’s banking sector as lending activity slowed and asset quality weakened. Industry data show total credit in the country fell 4.1% in 2025,…
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a press conference in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank on Tuesday raised benchmark policy rates for a second straight time, pushing them to their highest since April 2025 at 4.1%. The 25…
Sim Tshabalala, Standard Bank Group CEO. Standard Bank Group witnessed growth in digital retail clients in South Africa, for the 2025 financial year. This, as the JSE-listed financial services group reported headline earnings of R49.2 billion and delivered a return on equity of 19.3%. According to results released today, the bank’s digital retail clients grew…
Standard Bank Group’s annual financial results, published on Thursday, have revealed that Africa’s largest bank by assets spent more than R14-billion on cloud, software and technology in 2025 — an 8.7% year-on-year increase that far outpaced the growth in its overall cost base. The “cloud, software and technology” line item in the group’s operating expenses…
Named Kukura, the programmable humanoid robot says its role is to demonstrate present and future technologies, assist in training the bank’s staff, and appear at various events, activations and functions. Kukura, Standard Bank Group’s newly-unveiled programmable humanoid robot, says its role is to “help people do their jobs better”, rather than take people’s jobs. This,…
Boosting broadband access to 5.2 million people, enabling 5.4 million new digital service users, nurturing 140+ startups, and unlocking thousands of digital jobs in a growing regional economy. WASHINGTON, March 10, 2026 – The World Bank Group (WBG) Board of Directors today approved a transformative regional initiative that will directly boost job creation in Benin,…
NAIROBI — Vet Lab’s Belinda Wanjiru and Bianca Ngechu of the Muthaiga Golf Club headline team Kenya’s squad for the 2026 All-Africa Junior Team Championship (AAJTC) slated for March 23-26 at the Windsor Golf Hotel and Country Club. The announcement was made by the Sports Principal Secretary, Elijah Mwangi, during a high-profile launch held at…
Hungary says the workers were detained on suspicion of money laundering as a fierce row between the two countries escalates.
By pairing a Creative Economy Diagnostic with a women-focused accelerator, Sierra Leone’s CreatiFi program is helping translate creative talent into an economic development catalyst. Amena is a young fashion designer based in Sierra Leone’s bustling Freetown. With their alluring patterns and vibrant colors, it is impossible to look away from Amena’s designs. When she first…
The Alliance of African Multilateral Financial Institutions (AAMFI) has appointed Dr. Corneille Karekezi as Chairperson of its Governing Council, succeeding Samaila Zubairu, President and Chief Executive Officer of the Africa Finance Corporation (AFC), who served as the Alliance’s second Chairperson following its establishment in 2024. The appointment was confirmed at the Ninth Meeting of the…
