African Bank Investments Limited (Abil) would repay investors when a R150 million bond matured today, it said yesterday, after record losses fanned speculation that South Africa’s largest ...

That smile -- the one that starts deep within and lights up when something good is happening -- is instantly recognizable. That distinctive smile graced Mama Naumi Kamau's face as she stood in her ...

African Bank Investments Limited (Abil) plans to fund growth by raising more than R750 million this year by issuing debt and equity. “There’s 25 percent asset growth, maybe 30 percent”, so ...

The African Development Bank Group on Tuesday announced a record-breaking $11 billion in new operations for 2024, its highest ever. This includes $5.5 billion dedicated to climate finance ...

African Bank, a lender which was rescued and recapitalised by the central bank after its parent African Bank Investments Limited collapsed in 2014, said its aim was to reduce its interest expense ...

This payment looks set to be handled by Residual Debt Service (RDS) and follows in the wake of 2014 when the original African Bank, also known as African Bank Investments Limited (ABIL), faced ...

A coalition of leading African civil society groups called on the World Bank to exit its investments in for-profit hospitals, following a Bloomberg News investigation that found some facilities ...

Bailed-out South African lender African Bank Investments Limited narrowed losses to 2.8 billion rand ($230.80 million) in the six months through March, as it granted fewer loans to low income earners.

African venture capital firm Janngo Capital has closed its second fund at €73 million (about $78 million), 20% more than its initial target of €60 million (about $63 million).

Ventures Platform, a Pan-African early-stage venture capital firm, has reached the final close of its fund at $46 million as it looks to double down on “category-leading” companies across the ...

A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum. The African Export-Import Bank expects 15 to 20 countries ...