Category: Pan African Banking
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🇧🇼 Botswana Nears Historic Deal for Majority Stake in De Beers
In a move that could dramatically reshape the global diamond industry, Botswana is pushing to finalize a deal to acquire a majority stake in the legendary gem company, De Beers, by the end of next month. This potential acquisition represents a seismic shift for the southern African nation, which has been the primary source of…
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🇳🇬 Ecobank Nigeria Celebrates Nigerian Art Masters with Special Exhibition in Lagos
Ecobank Nigeria has reaffirmed its commitment to supporting the country’s creative arts industry as it launched a major exhibition in Lagos showcasing the works of legendary Nigerian artists. The exhibition, titled “Enduring Legacies: A Collector’s Tribute to Masters,” opened on Friday, September 5, and will run until Sunday, September 21, 2025, at EPAC Studios in…
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🇬🇦 The Bongo Clan’s Long Shadow: How a Gabonese Banking IPO Sparked a Continental Power Struggle
A planned Initial Public Offering (IPO) for one of Central Africa’s most prominent financial institutions, BGFIBank, has escalated into a fierce legal and corporate battle, exposing the deep-seated tensions between old political networks and new economic ambitions in Francophone Africa. The conflict pits the bank’s current leadership, led by CEO Henri-Claude Oyima—a figure with longstanding…
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🇯🇵 Beyond Aid: Japan Makes Strategic Play for Africa’s Future at TICAD 9
For decades, the narrative of foreign engagement in Africa has been dominated by a few key players. But at the recent 9th Tokyo International Conference on African Development (TICAD), Japan made a powerful statement: it is not just present but is prepared to be a major, long-term development partner for the continent, offering a distinct…
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🇭🇹 Antreprann: The Digital Revolution of Haitian Entrepreneurship Coming August 11, 2025
In Haiti, launching an entrepreneurship business is often a real challenge. Lack of financing, scattered information, a lack of visibility for local startups, and difficulties finding mentoring or reliable partners… Many entrepreneurs find themselves facing their challenges alone, which hinders innovation and the country’s economic growth. In response to this, Antreprann was born. Accessible at https://antreprann.ht,…
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🇲🇼Malawi Could Get Its First Dollar Billionaire
According to Billionaires Africa, Malawi may soon join the list of African nations with billionaires. Banker Thom Mpinganjira is poised to become the country’s first dollar billionaire. His net worth is now estimated at over $1.12 billion, driven by a sharp rise in the shares of FDH Bank Plc — Malawi’s largest publicly listed company.…
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🇳🇬 Nigeria: Tinubu Consolidates Power Amid Rising Internal Frictions
After two years of painful economic reforms, Nigerian President Bola Tinubu is steadily preparing for the 2027 elections. His party, the All Progressives Congress (APC), retains dominance in parliament and most states. In Lagos and Abuja, “door-to-door” campaign banners already promote the president’s re-election bid. The July death of former President Muhammadu Buhari and the…
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🇬🇭 IMF Sends Warning to Ghana After Cedi Outperforms US Dollar – What’s Really at Stake for Africa’s Economic Future
In a surprising twist that has sent ripples through global financial markets, Ghana’s national currency, the Cedi, has emerged as the top-performing currency in the world, overtaking the US Dollar in a manner few financial analysts predicted. For many Ghanaians and Pan-African economic watchers, this achievement represents more than a currency milestone—it’s a symbol of…
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🇬🇭 Ghana targets record gold haul in 2025
Keypoints: Ghana forecasts up to 5.1m oz of gold in 2025Artisanal mining and new projects drive growthAgeing mines, smuggling, and licensing still pose challenges GHANA is set to push its gold output to a potential new record of 5.1 million ounces in 2025, up from last year’s 4.8 million ounces, according to projections by the…
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🇧🇫 West African Resources agrees to increase Burkina Faso’s equity interest in projects to 15%
Australia-listed West African Resources, which owns and operates the Sanbrado, Kiaka and Toega projects in Burkina Faso, has agreed to increase the State’s free-carried equity interest in the projects to 15%, from the 10% previously held by the State. This change is in line with the new Burkina Faso Mining Code, which was adopted in…
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