The returns on equity at Angolan banks — at between 20 per cent and 30 per cent — exceed those of many African peers, Lopes says. This rests on heavy investment in government securities. Angolan banks ...

Africa’s third-largest oil producer will also dispose of stakes in Banco de Fomento Angola, its second-largest lender, and Standard Bank Group Ltd.’s local unit, he said. The three companies ...

The Angolan government remains committed to the gradual elimination of fuel subsidies, although it does not intend to eliminate them completely by 2025, Minister of State for Economic Coordination ...

Access Bank Plc is set to host the first Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic ...

Global consensus does exist – in one way, at least. For a greener and more prosperous future for us all, rail transport must ...

Recovering laundered money from abroad is likely to take three to five years, said Bangladesh Bank Governor Ahsan H Mansur ...

Union Systems Limited (USL) is proud to announce that Rand Merchant Bank (RMB) has officially signed the license for Kachasi ...

From a set of roaring rapids, comes a grand vision. There are plans to build a magnificent, multi-billion dollar mega-dam on the Congo River - one that would produce enough renewable electricity to ...

Dar es Salaam. Standard Chartered has reaffirmed its commitment to driving Africa's energy transition by showcasing its significant infrastructure projects at the Africa Heads of State Energy ...

The administration of U.S. President Donald Trump is interested in developing the mining sector in Africa. On the first day ...