The penalty followed an investigation by the FSCA into African Bank’s #KeFestive social media campaign, which was found to contain factually incorrect and misleading statements. As part of its ...

The top job at the African Development Bank is up for grabs, with the election slated for May 29. Five candidates vying to lead the bank have been sharing their visions for the next five years.

The search for a new president of Africa's top financial institution, the African Development Bank (AfDB), is gathering momentum. The current head, Dr Akinwumi Adesina, who is serving his second ...

The Financial Sector Conduct Authority (FSCA) has imposed an administrative penalty of R700,000 on African Bank for an ad campaign presenting a credit product as an investment product. The fine ...

The Trump administration plans to slash $555 million in funding for the African Development Bank’s main development fund as part of sweeping cuts to foreign aid. Under a proposal submitted to ...

The African Development Bank has appointed Dr. Bahati Sanga as Acting Senior Director of Corporate Information Technology Services and Chief Information Officer, effective April 1, 2025.

JOHANNESBURG - The Financial Sector Conduct Authority has imposed a 700-thousand rand penalty on African Bank for misleading advertising. This advert was part of the bank's # KeFestive social ...

In preparation for its takeoff this quarter, Afreximbank is set to fund African Energy Bank with $19 billion, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has ...

The Financial Sector Conduct Authority (FSCA) says it has imposed a R700,000 administrative penalty on African Bank Limited for misleading advertising, which was found to violate Conduct Standard ...

The African Development Bank Group (www.AfDB.org) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB), renewing a prior agreement originally executed ...

The African Development Bank Group has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB), renewing a prior agreement originally executed between the ...