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4553 results for "banking reform"
Ethiopia's bold economic reforms are winning major backing from the World Bank, opening new pathways for private sector growth and regional trade. The partnership signals growing confidence in the nation's transformation toward a more dynamic, diversified economy.
Ethiopia is securing stronger partnerships with the World Bank and Italy to support its ambitious economic reform program. The trilateral meeting marks a major step toward coordinated international support for the country's development goals.
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After months of frozen accounts, South Africa's KwaZulu-Natal province has returned $400 million to 65,000 depositors and is rebuilding Ithala bank with new accountability measures. The turnaround shows how government intervention and governance reform can rescue financial institutions serving vulnerable communities.
Nearly all of Kenya's I&M Bank customers now handle their banking digitally, marking a milestone that signals Africa's banking revolution is complete. The shift proves mobile-first banking has become the norm, not the exception, across East Africa.
Ethiopia just secured a major partnership with Italy and the World Bank to strengthen its economy through coordinated financial support. The agreement promises smarter aid delivery tied directly to the country's development priorities.
Nigeria's Central Bank is launching a pilot program to make digital finance safer and more accessible for millions of young people and small businesses. The move could transform how everyday Nigerians send money, get paid, and grow their businesses.
In a rare banking accountability win, India's central bank has ordered five major banks to compensate a 78-year-old fraud victim for failing to monitor suspicious accounts. The regulatory decision could reshape how banks protect customers from digital scams.
Digital bank Kuda just earned a major upgrade that will bring physical support centers to customers across Nigeria. The move shows how successful fintechs are bridging the gap between digital convenience and in-person service.
Kenya's largest bank slashed fraud losses by 84% and stopped over 40% more scams in 2025, even as it fired double the employees for insider theft. The turnaround shows how investing in security technology is paying off for African banks.
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A small South African digital bank has accomplished something remarkable: zero card fraud and zero phishing since launching in 2021. Bank Zero's success proves that fighting financial crime is about design choices, not just technology budgets.
Major Kenyan banks are lowering lending rates after the central bank made its tenth consecutive rate cut, making loans more affordable for millions. The policy shift comes as inflation cools, opening the door for businesses and families to borrow at better terms.
After nearly 60 years of communist economic control, Cuba's government has approved sweeping reforms allowing private businesses, banks, and real estate development. The island nation is opening its doors to private enterprise in response to economic struggles that leaders admit aren't all caused by outside pressure.
Ghana's Attorney General has cleared former Finance Minister Dr. Kwabena Duffour and other Unibank directors of criminal charges, revealing investigations found zero evidence of theft or personal enrichment. The landmark decision draws a clear line between business failure and criminal conduct in banking.
Ethiopia's economy is surging thanks to bold reforms that opened banking and telecommunications to competition. The UN Global Compact's top leader says small businesses, young entrepreneurs, and women are driving the country's remarkable growth.
Nigeria's United Capital Group just became the first foreign investment bank licensed to operate in Ethiopia, marking a historic opening of the nation's financial sector. The approval signals Ethiopia's commitment to building a modern, globally connected economy.
A banking association in Nigeria turned a misinformation crisis into an educational moment when a popular content creator spread false claims about banks shutting down. The professional response led to a full retraction and public apology.
Standard Bank turned everyday banking into a travel rewards engine, proving that Africa's biggest innovations come from solving real challenges. Their approach shows how banks can deepen customer relationships by connecting financial habits to lifestyle dreams.
Nigeria's central bank is limiting phone number changes on bank accounts to just once in a lifetime starting May 2026. The bold move aims to protect 68 million Nigerians from fraudsters who exploit phone numbers to hijack bank accounts.
Kenya's Central Bank is rewriting its banking laws to finally welcome fintech companies into the regulated fold. The move could end years of uncertainty that kept promising startups in legal limbo while banks and telcos dominated.
United Bank for Africa brought together 20+ fintech leaders, payment giants, and regulators in Lagos to forge a new era of collaboration over competition. The shift could unlock banking access for millions across the continent.
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